Dr. Phil loses major ruling in bankruptcy case, TV network is ordered into liquidation
Update: 2025-10-29
Description
Dr. Phil's Media Startup, Merit Street Media, Faces Liquidation: Despite filing for Chapter eleven bankruptcy, Dr. Phil's media startup, Merit Street Media, has been ordered to proceed as a Chapter seven liquidation. The company's assets, including its media library, will be sold off, and a trustee will handle the distribution of funds to creditors. The ruling comes after Dr. Phil was accused of deleting a crucial text message, which the judge believed was evidence of favoritism. Dr. Phil's team plans to appeal the decision.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
