A federal judge ruled that a bankruptcy proceeding for Dr. Phil McGraw's Merit Street Media, the TV personality's failed television network venture, must convert to a Chapter 7 liquidation.
A federal judge ordered that a bankruptcy proceeding for Dr. Phil McGraw’s Merit Street Media, the TV personality’s failed television network venture, be converted to a Chapter 7 liquidation — saying that was in the best interests of creditors includ... [9645 chars]