The Latest Breaking News from Trinity Broadcasting

Dr. Phil’s media company ordered to liquidate after losing bankruptcy case with ‘no hope for rehabilitation’

‘This Chapter 11 case is an anomaly” since ‘there never has been a pretense of a rehabilitation or a reorganization’ of Merit Street, a bankruptcy judge said this week.

The Independent UK · Oct 29, 2025

Bombshell texts in Dr. Phil case appear to reveal brazen and ‘problematic’ bankruptcy ‘scheme’ to kickstart new media company

‘The documents produced to date demonstrate that this bankruptcy was conceived as a scheme to divert the Debtor’s employees and intellectual property to Envoy, a competing business Dr. Phil founded the day before this case was filed,’ the Professional Bull Riders stated in its filing this week.

The Independent UK · Aug 28, 2025