All articles tagged with #dr phil
Dr. Phil McGraw's media company, Merit Street Media, has had its bankruptcy case converted from Chapter 11 to Chapter 7 by a U.S. Bankruptcy Judge due to lack of hope for rehabilitation, with the judge citing issues like untrustworthy testimony, missing texts, and problematic creditor arrangements.
Dr. Phil lost a court case that challenged his media startup's bankruptcy, which the court found was improperly filed to favor certain creditors and involved misconduct such as deleting incriminating messages. The case will now proceed as a Chapter 7 liquidation, with a trustee overseeing asset sales and ongoing litigation, including allegations of financial misconduct and breach of contract.
A federal judge ordered the liquidation of Dr. Phil McGraw's Merit Street Media, converting its bankruptcy from Chapter 11 to Chapter 7, due to the company's financial failure and questionable control by McGraw, who was accused of attempting to manipulate the bankruptcy process to favor himself and his associates.
A federal judge denied Dr. Phil's attempt to file for Chapter 11 bankruptcy for Merit Street Media related to a failed $500 million deal with Trinity Broadcasting, criticizing his transparency and suggesting a Chapter 7 liquidation. Dr. Phil plans to appeal the decision while continuing his media ventures, including launching Envoy TV with Charter.
Dr. Phil McGraw faces potential sanctions and a deposition delay in a legal battle with Trinity Broadcasting Network over a failed $500 million deal and bankruptcy issues, with ongoing disputes over document production and discovery tactics.
Dr. Phil McGraw and his production company are countersuing Trinity Broadcasting Network for $500 million, alleging fraudulent schemes and wrongful conduct related to a failed media deal, amid ongoing financial and legal troubles.
Trinity Broadcasting Network (TBN) filed a lawsuit against Dr. Phil and his company Peteski Productions, accusing them of a years-long fraudulent scheme to defraud TBN and enrich themselves, amid the bankruptcy of Merit Street Media, a joint venture involving Dr. Phil. The lawsuit alleges misrepresentations, breach of contract, and misconduct related to the production and funding of the 'Dr. Phil' show and the formation of Merit Street, with TBN seeking damages and legal remedies.
Dr. Phil's media company, Merit Street Media, filed for bankruptcy and sued its partner Trinity Broadcasting, which countered with a lawsuit alleging fraud and breach of contract, accusing McGraw of false promises, mismanagement, and withholding payments, while Merit Street claims Trinity sabotaged their network.
Dr. Phil's media company, Merit Street, filed for bankruptcy and is being sued by Trinity Broadcasting over a $500 million deal, with allegations of fraud, breach of contract, and failure to deliver episodes, while Merit Street counters with claims of misconduct by Trinity Broadcasting.
In July 2025, Dr. Phil's media company, Merit Street Media, filed for Chapter 11 bankruptcy following a lawsuit against Trinity Broadcasting Network for breach of contract, raising questions about his credibility and the effectiveness of his advice.
Bill Maher challenged Dr. Phil to admit that Donald Trump's redistricting efforts in Texas are questionable, highlighting concerns about gerrymandering and political manipulation, with Dr. Phil acknowledging that such practices are common among both parties but calling Trump's specific actions 'bull***'.
Dr. Phil McGraw has launched a new media company, Envoy Media Co., shortly after his previous venture, Merit Street Media, filed for bankruptcy. The new company aims to combine news, entertainment, and citizen journalism through an app that features live content, original programming, and user-generated stories, with plans for linear and streaming distribution. This move marks a comeback for McGraw in the media industry.
Merit Street Media, associated with Dr. Phil, filed for bankruptcy after struggling with poor audience ratings, distribution issues, and financial difficulties, including disputes with its distribution partner Trinity Broadcasting and the cessation of its programming, highlighting the challenges of launching a linear TV network in the streaming era.
Dr. Phil's anti-woke TV network, Merit Street Media, filed for bankruptcy after a year, citing mismanagement and sabotage by partner TBN, which allegedly withheld distribution payments and provided subpar production services, leading to significant financial losses and staff layoffs.
Dr. Phil's media company, Merit Street Media, filed for Chapter 11 bankruptcy and sued Trinity Broadcasting Network for breach of contract, citing financial troubles, unpaid debts, and a fractured partnership after a failed joint venture and operational issues.