Reagor-Dykes bankruptcy hearing

Reagor-Dykes bankruptcy hearing
Reagor-Dykes Auto Group Logo (Source: KCBD)

LUBBOCK, TX (KCBD) - Right now, Reagor Dykes Auto Group is presenting its Chapter 11 plan to the court.

So many friends, current and former employees of Reagor-Dykes Auto Group showed up to today’s hearing that they ran out of room, eventually setting up an overflow room with a live feed of the hearing.

Ford Motor Credit argued that the Reagor-Dykes plan, filed yesterday, is not about protecting jobs or supporting the community, but protecting Rick Dykes and Bart Reagor...something the Reagor-Dykes Attorney denied, telling the court that Ford Motor Credit is fighting to shut down a business that has a realistic chance to exit bankruptcy in the near future.

We have a crew in the courtroom and will continue to bring you updates.

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