Judge Orders Dr. Phil's Media Venture to Liquidate in Bankruptcy Case
TL;DR Summary
A Texas federal judge rejected Dr. Phil's attempt to file for Chapter 11 bankruptcy for his media company, Merit Street Media, citing deleted evidence and unfair creditor payments, ruling that the company must proceed with Chapter 7 liquidation instead.
- Longtime talk show host loses bankruptcy trial Cleveland.com
- Judge Rules Against Dr. Phil’s Merit Street in Bankruptcy Case, Orders It Converted to Chapter 7 Liquidation Variety
- Dr. Phil Mulls Appeal After Losing Bankruptcy Bid Over Christian Network Deal: “Mr. McGraw Believed He Was Calling The Shots,” Judge Says Deadline
- Dr. Phil ordered to liquidate in bankruptcy case with ‘no hope for rehabilitation’ Dallas News
- Dr. Phil Media Venture Will Shift to Trustee-Run Liquidation (3) Bloomberg Law News
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