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Dr. Phil McGrak’s Pateski Productions says it voluntarily agreed to pay the merit strut media employees to pay their pre-bankport compensation as the legal process plays.
Merit Street Media, which was formed in 2023 and merit TV was launched in 2024, was a joint venture of McGrag’s Patekki Productions and Trinity Broadcasting, which was filed in July for Chopy 11 bankruptcy and also filed a case against the network which was anxious in Christian programming.
According to a memorandum sent by Patsky lawyers to former merit street media employees and independent contractors. Phil’s production company agreed to the bankrupt company to give sufficient cash loans to the workers for the work of pre-banks. The initial loan amount was reduced after the Trinity broadcast delayed a significant hearing for three weeks, but Patsky has raised the figure to “correct work”.
Dr. Phil’s merit street media files for bankruptcy, Trinity Broadcasting
Dr. Phil McGrak’s Pateski Productions says it voluntarily agreed to pay the merit strut media employees to pay their pre-bankport compensation as the legal process plays. ,
“As played in this process, one of our top priorities is that whatever we can do for the workers is to do. We thought that in the July 29 hearing, the worker will be resolved the compensation issue, but TBN asked for a delay of three weeks and received it. For this, the workers of the workers, we felt that it is right.”
According to Memo, more than 150 checks were written for a total of $ 925,000. Payment was out of official bankruptcy proceedings.
McGrag agreed to provide merit street with new episodes of his “Dr. Phil Show,” Primatime Special and other materials, while Trinity Broadcasting contributed distribution and production services, according to the trial, which essentially blames Christian broadcasters for bankruptcy.
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Dr. Phil McGrag’s Texas -based media company on Wednesday filed for bankruptcy. (Photo by Roy Rochlin/Getty Image)
Merit Street accused the Trinity to re -function its obligations and to do so without direct violation of promises of doing so or not doing so without direct violations of promises to do so or not to do so. “
Most of the former merit street media employees are out of work, while some selected have been based on the overseas of some bankruptcy judges.
The bankruptcy filing lists both the estimated assets and liabilities in the $ 100-$ 500 million range. The merit street is demanding loss, legal cost, and further relief as the court can be just and appropriate. “
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Trinity Broadcasting did not immediately respond to Fox News Digital’s request to comment.