Dr. Phil's ongoing bankruptcy filing with Merit Street Media, his short-lived Texas-based media company, is encountering another snafu as it has been hit with a $500 million countersuit. The TV ...

Weeks after the Professional Bull Riders objected to the bankruptcy proceedings of Dr. Phil McGraw’s Merit Street Media, the league filed an emergency motion seeking to compel document production ...

FORT WORTH, Texas — Dr. Phil's North Texas-based media company Merit Street Media filed for bankruptcy and filed a lawsuit against its broadcast partner, Trinity Broadcasting Network, this week, ...

Dr. Phil's bankruptcy proceeding has not gone as planned. A northern Texas judge ruled that Dr. Phil McGraw's Merit Street Media company assets will undergo a Chapter 7 liquidation instead of a ...

Text messages unveiled during discovery in the contentious legal battle involving Merit Street Media reveal executives of the Dr. Phil McGraw-led company attempting to conceal a bankruptcy “scheme” in ...

Through a Chapter 7 liquidation, creditors can “have faith” that a trustee will be fair and impartial in the sale of the Merit Street assets, Judge Scott W. Everett of the U.S. Bankruptcy Court for ...