Mediation scheduled for Ford, Reagor-Dykes in Dallas

McDougal Group will not attend mediation

Mediation scheduled for Ford, Reagor-Dykes in Dallas

LUBBOCK, TX (KCBD) - The time and place for mediation between Ford Motor Credit and Reagor-Dykes Auto Group has been set.

Last week, Judge Robert Jones ordered Ford to attend the mediation with Reagor-Dykes. It has now been set for Monday, Feb. 25 and Tuesday, Feb. 26 in Dallas.

During last week’s hearing, Reagor-Dykes attorney Marcus Helt told Judge Jones that current partner Rick Dykes has agreed to remove himself from all involvement in any plan moving forward. Helt also voiced frustration for the more than 900 consumer issues with tax, title and licenses still to be resolved, although he did agree there were extenuating circumstances like the recent government shutdown that impacted the process. He was hopeful mediation could be the answer.

Ford Motor Credit attorney Don Cram then spoke with Judge Jones, telling the court Ford had not received a detailed proposal until Wednesday, and that they were studying it. “We are considering the latest proposal and if my client deems it has legs we might be interested, however we oppose any mediation at this point.”

Jones sided with Reagor-Dykes in demanding Ford Motor Credit come to the table, ordering them to attend and participate in mediation. “I want resolving consumer issues to be a priority in this mediation,” Jones told the court.

Tuesday afternoon KCBD learned Marc McDougal and representatives of the McDougal Group will not be at the meeting, saying there was ‘no reason’ to attend.

Attorneys for Laredo-based International Bank of Commerce will be in attendance.

An emergency hearing was held Tuesday in Judge Jones’ court to discuss an issue brought by Lubbock’s AimBank, but no decision was made. Jones ruled the Tuesday hearing will be discussed in further detail during the next scheduled hearing, set for Wednesday, Feb. 20 at 1:30 p.m.

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