Dr. Phil Faces Bankruptcy Ruling

In a recent legal setback, television personality Dr. Phil McGraw faced a significant ruling as a judge ordered the conversion of his media company, Merit Street, to Chapter 7 bankruptcy liquidation. The judge criticized McGraw for attempting to control proceedings and accused him of destroying crucial evidence, including text messages, in a multi-million dollar cover-up related to a failed Christian network deal. Dr. Phil is considering an appeal following the adverse decision. The case highlights significant financial and legal challenges surrounding McGraw’s business endeavors and questions about his management practices.