Dr. Phil Loses Trial Over His Media Startup’s Bankruptcy

October 28, 2025

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1 min read

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The Hollywood Reporter

A court determined that Merit Street improperly filed for Chapter 11 bankruptcy to protect Dr. Phil's interests.

Dr. Phil has lost a trial that will decide the fate of his media startup’s 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. P... [4947 chars]

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Source: The Hollywood Reporter

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