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Studying Time: 3 minutes
Dr. Phil McGraw’s newest enterprise enterprise will not be going in response to plan.
The truth is, the once-beloved TV character is now coping with authorized drama that would have main ramifications.
In April of 2024, McGraw launched a media firm and tv community known as Advantage Road Media, which filed for chapter lower than a yr later.
Now, a choose is accusing Phil of trying to deceive the courtroom throughout chapter proceedings.
Decide blasts Dr. Phil amid chapter proceedings
Advantage Road Media filed for Chapter 11 chapter, however this week, Decide Scott W. Everett of the U.S. Chapter Court docket for the Northern District of Texas dominated that the corporate solely certified for Chapter 7 liquidation and would due to this fact have to liquidate its property.
In line with The Hollywood Reporter, a trustee will oversee each the sale of Advantage Road Media’s media library and litigation over whether or not broadcast companion Trinity Broadcasting breached its contract with the corporate.
The choose particularly singled out Phil for his alleged deletion of a textual content message that was a part of discovery within the case.
Everett claims that McGraw deleted an “unflattering” textual content message, a tactic he described as a “gangster transfer.”
“Mr. McGraw’s actions violated not solely the invention order…but in addition a broader precept that the debtors, board members, or de facto officers or brokers mustn’t destroy property of the property to assist them in pending litigation,” Everett stated.
With a Chapter 7 trustee, he added, “Collectors can have religion that the method will play out pretty and neutrally.”
“Dismissal, alternatively, would enable Mr. McGraw to pay his favored collectors and never pay his unfavored collectors, as his personal deleted textual content makes clear he needs to do,” the choose continued, including:
“Dismissal would additionally enable the debtor or pleasant collectors to file one other chapter case in a unique jurisdiction to attempt to get totally different rulings that favor Mr. McGraw and his pursuits, together with on the pending sanctions movement that I’ve but to rule on,” he stated.
What’s subsequent for Dr. Phil?
A spokesperson tells THR that Phil and his firm intend to enchantment the choose’s resolution:
“We take nice exception to the courtroom’s improper assertions relating to the alleged destruction of proof, which merely didn’t occur,” the assertion learn.
“We is not going to let this stand given all that Dr. Phil and Peteski Productions have performed to guard Advantage Road workers, distributors, and different events and to resolve this unlucky scenario.”
We could have additional updates on this growing story as new info turns into accessible.
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