Dr. Phil's Fort Worth-based JV Merit Street Media filed for Chapter 11 on Wednesday, simultaneously suing business partner Trinity Broadcasting for breach of contract that it claims destroyed its new television network and pushed it into bankruptcy.

Dr. Phil's TV network, Merit Street Media, filed for bankruptcy and sued its distribution partner, the Christian broadcasting company Trinity Broadcasting Network, alleging breach of contract.

Dr. Phil McGraw's Merit Street Media filed for Chapter 11 bankruptcy protection and sued former partner Trinity Broadcasting Network.