REAGOR DYKES COVERAGE
It has now been 2 years since Reagor-Dykes first filed for bankruptcy, and last month, a federal judge approved liquidation plans to get its creditors paid off.
The bankruptcy estate of the Reagor Dykes Auto Group claims a new plan is ready to pay off creditors.
The Reagor-Dykes bankruptcy estate has filed a federal lawsuit against Ford Motor Credit, claiming Ford Credit owes the state $315 million. This is twice as much as Ford Credit demanded from Reagor-Dykes in its initial lawsuit filed at the end of July 2018. That is the suit that started all …