{"id":2121406,"date":"2025-10-28T22:13:32","date_gmt":"2025-10-28T22:13:32","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2121406"},"modified":"2025-10-28T22:13:32","modified_gmt":"2025-10-28T22:13:32","slug":"dr-phil-loses-trial-over-his-media-startups-bankruptcy","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/dr-phil-loses-trial-over-his-media-startups-bankruptcy\/","title":{"rendered":"Dr. Phil Loses Trial Over His Media Startup\u2019s Bankruptcy"},"content":{"rendered":"<p><\/p>\n<div role=\"presentation\">Dr. Phil has lost a trial that will decide the fate of his media startup\u2019s bankruptcy, a case that involved allegations that he plundered the company to set up his new venture.<\/p>\n<p>U.S. Bankruptcy Judge <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm8042743\/\">Scott Everett<\/a> on Tuesday turned down a bid by Dr. Phil to keep the case in Chapter 11, which would\u2019ve allowed him to wipe out partner-turned-adversaries owed money that opposed the bankruptcy. It will now proceed as a Chapter 7 liquidation. A trustee will oversee the sale of Merit Street\u2019s assets, including what\u2019s left of its media library, and litigation over whether the TV host swindled Trinity Broadcasting under a $500 million, 10-year deal.<\/p>\n<p>In the decision, the court pointed to evidence indicating that Dr. Phil, whose surname is McGraw, deleted incriminating text messages and that he\u2019d try to game the bankruptcy by paying certain favored creditors over others.<\/p>\n<p>\u201cCandor to the court is critical,&#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 has lost a trial that will decide the fate of his media startup\u2019s bankruptcy, a case that involved allegations that he plundered the company to set up his new venture. U.S. Bankruptcy Judge Scott Everett on Tuesday turned down a bid by Dr. Phil to keep the case in Chapter 11, which would\u2019ve [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2121407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":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-2121406","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\/10\/Dr-Phil-Loses-Trial-Over-His-Media-Startups-Bankruptcy.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2121406","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=2121406"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2121406\/revisions"}],"predecessor-version":[{"id":2121408,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2121406\/revisions\/2121408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2121407"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2121406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2121406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2121406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}