In a case of careful what you pray for, Phil McGraw is having a not-so-great week.
On Monday, the man Oprah introduced us to years ago as Dr. Phil began to try to halt the month old Chapter 11 proceedings of his short-lived Merit Street Media after finding the cost of going bankrupt too expensive, literally. Today, as a federal judge tried to come up with a solution for the financial potholes, Dr. Phil and his Peteski Productions found themselves countersued by Trinity Broadcasting for a $500 million production and distribution deal that went to Hell in a handbasket.
“The response to TBN legitimately and lawfully defending itself from Peteski and McGraw’s bad-faith attacks is to cry foul because they do not like the true facts that they themselves now regretfully put at issue b