{"id":2045187,"date":"2025-09-24T01:22:10","date_gmt":"2025-09-24T01:22:10","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2045187"},"modified":"2025-09-24T01:22:10","modified_gmt":"2025-09-24T01:22:10","slug":"a-defiant-dr-phil-takes-the-stand-in-his-media-startups-bankruptcy","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/a-defiant-dr-phil-takes-the-stand-in-his-media-startups-bankruptcy\/","title":{"rendered":"A Defiant Dr. Phil Takes the Stand in His Media Startup\u2019s Bankruptcy"},"content":{"rendered":"<p><\/p>\n<div role=\"presentation\">Dr. Phil took the stand on Tuesday in a trial that will decide the fate of his media startup\u2019s bankruptcy, a case that involves allegations that he plundered the company to set up his new venture.<\/p>\n<p>His testimony, lasting hours, was defiant. At every turn, he challenged accusations that he swindled partner-turned-adversary Trinity Broadcasting under a $500 million, 10-year deal.<\/p>\n<p>\u201cI\u2019m like the little engine that could,\u201d said Dr. Phil, whose surname is McGraw, referring to the months leading up to the bankruptcy in which Merit Street was starved for cash. \u201cI\u2019m doing everything I can to keep <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0000343\/\">Merit<\/a> up and running. This theory, that this was all a ploy to set up Envoy Media, is absurd.\u201d<\/p>\n<p>He was asked about his motivation to abruptly move for Chapter 11 protection.<\/p>\n<p>\u201cI didn\u2019t make the decision to file for bankruptcy,\u201d McGraw replied. \u201cI capitulated.\u201d<\/p>\n<p>McGraw\u2019s Merit Street is&#8230;<\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dr. Phil took the stand on Tuesday in a trial that will decide the fate of his media startup\u2019s bankruptcy, a case that involves allegations that he plundered the company to set up his new venture. His testimony, lasting hours, was defiant. At every turn, he challenged accusations that he swindled partner-turned-adversary Trinity Broadcasting under [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2045188,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25177],"tags":[25538,31714,21751,22556,21993,22860,21912,21738,24141,22205,21913],"class_list":["post-2045187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities","tag-actors","tag-actresses","tag-celebrities","tag-directors","tag-films","tag-hollywood","tag-movies","tag-news","tag-stars","tag-television","tag-tv"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/09\/A-Defiant-Dr-Phil-Takes-the-Stand-in-His-Media.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2045187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2045187"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2045187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2045188"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2045187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2045187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2045187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}