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Phil Mcgraw

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business2 months ago•2 min saved

Judge Orders Dr. Phil's Media Venture to Liquidate in Bankruptcy Case

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.

via Cleveland.com|

#bankruptcy #business #chapter-11

business6 months ago•2 min saved

Dr. Phil's Media Company Files for Bankruptcy and Sues Partner

Merit Street Media, founded by Dr. Phil McGraw, filed for Chapter 11 bankruptcy less than two years after launching, citing financial difficulties and legal issues, including a lawsuit against Trinity Broadcasting for breach of contract and alleged misconduct, as well as disputes related to rights and distribution deals.

via The Hollywood Reporter|

#bankruptcy #business #lawsuit