Merit Street Media, Inc.

Track this case

Case Number:

8:25-bk-80156

Court:

Texas Northern

Nature of Suit:

Firms

  1. September 02, 2025

    Dr. Phil's Media Co. Says It Has Reached Ch. 11 Funding Deal

    Attorneys for Merit Street Media, the bankrupt broadcasting group co-founded by Dr. Phil, told a Texas bankruptcy judge Tuesday it reached deals to drum up additional Chapter 11 funding and create recoveries for unsecured creditors.

  2. August 28, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Chipmaker Wolfspeed Inc. plans to sell $87 million in Macom Technology Solutions shares ahead of its expected exit from bankruptcy, a local New York real estate buyer was hit with triple fines for filing at least 22 bankruptcy petitions over two years to delay foreclosures, and Gateway Development Group's chief financial officer and chair must list assets to cover a $51.2 million prejudgment remedy in a derivative suit.

  3. August 19, 2025

    Judge Keeps Dr. Phil Media Biz In Ch. 11, Is Up To Boost DIP

    A Texas bankruptcy judge on Tuesday suggested he would approve more postpetition financing for a bankrupt broadcaster co-founded by Dr. Phil once an agreed upon order was before him, while also denying Sidley Austin's bid to stop representing the debtor and refusing to dismiss the case.

  4. August 14, 2025

    Dr. Phil Media Co. Must Hand Over Texts, Emails In Ch. 11

    Dr. Phil's production company and a bankrupt broadcaster he co-founded must comply with discovery requests from creditors trying to dismiss Merit Street Media's increasingly contentious Chapter 11, a Texas bankruptcy judge said Thursday.

  5. July 08, 2025

    Meet The Team Helping Dr. Phil's Media Biz Through Ch. 11

    A team of Sidley Austin LLP attorneys is helping a media company founded and partially controlled by the television personality known as Dr. Phil through Chapter 11 as it seeks to claw back a $25 million note from the company's Christian network co-owner.

  6. July 08, 2025

    Catching Up With New Bankruptcy Case Action

    Del Monte, a titan in the canned food industry, entered Chapter 11 in New Jersey. A media company partially controlled by Dr. Phil entered bankruptcy in Texas and began suing its joint venture partner. And a company that offers health care in The Villages retirement community hit bankruptcy in Florida with an initial bid for its assets.

  7. July 03, 2025

    Dr. Phil, Christian Network Clash Over Media Co. Ch. 11 Loan

    A Texas bankruptcy judge on Thursday gave a media company permission to draw on a Chapter 11 loan from its founder, television personality Phil McGraw, and set a short schedule for a hearing on an attempt to claw back a $25 million note from the company's Christian network co-owner.

  8. July 02, 2025

    Dr. Phil Media Biz Hits Ch. 11, Sues Joint Venture Partner

    A media company founded and partially controlled by the television personality known as Dr. Phil filed for Chapter 11 protection in Texas bankruptcy court Wednesday, disclosing more than $100 million in liabilities and alleging it became insolvent due to the actions of another firm that jointly owns the business.