Judge Rules Against Dr. Phil in Merit Street Bankruptcy, Orders Case to Be Converted to Chapter 7 Liquidation
NegativeEntertainment

A federal judge has ruled against Dr. Phil McGraw's Merit Street Media, ordering the bankruptcy case to be converted to Chapter 7 liquidation. This decision highlights the challenges faced by the TV personality's failed television network venture and emphasizes the importance of protecting creditors' interests. The ruling marks a significant setback for McGraw, as it signals the end of his ambitious project and raises questions about the future of similar media ventures.
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