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Merit Street filed for bankruptcy and the related lawsuit naming TBN as a defendant with the U.S. Bankruptcy Court in the Northern District of Texas on Wednesday (July 2). The complaint alleges ...
Dr. Phil’s TV network, Merit Street Media, filed for bankruptcy on Wednesday and sued Christian television giants Trinity Broadcasting Network and TCT Ministries for allegedly harming its ...
The company is based in Marion, Illinois. According to Merit Street’s complaint, TBN caused CrossSeed, “a party with whom TBN is closely connected,” to make a $25 million loan to Merit Street.