Reagor-Dykes bankruptcy case: Read court order following Aug. 16

Reagor-Dykes bankruptcy case: Read court order following Aug. 16 hearing

LUBBOCK, Texas -

As we reported Thursday in the Reagor-Dykes bankruptcy case, most terms issued earlier in the month were extended through August 30. This includes the use of cash collateral to keep dealerships operating on a bare-bones budget.

This is the court order that details what was agreed and ordered in Thursday's hearing.

FRIDAY: Auto dealer claims Reagor-Dykes owes $513,000, vehicles may be in consumers' possession
THURSDAY: Vista Bank sues FirstCapital for $6 million, claims Dykes helped perpetrate check kiting scheme
THURSDAY: Bankruptcy court allows Reagor-Dykes continued use of cash collateral, hiring of CRO
WEDNESDAY: Reagor-Dykes Auto Group issues written apology
TUESDAY: Loss of Reagor-Dykes Chevrolet in Floydada a potential financial pitfall for city
TUESDAY: Vehicle auction company claims Reagor-Dykes owes it $687,000
TUESDAY: Ford Credit claims Reagor-Dykes is not following court orders; court grants extension to file docs
MONDAY: U.S. Trustee opposes Reagor-Dykes request to hire chief restructuring officer
AUG. 10: Ford Credit: Reagor-Dykes fraud may be among largest of its type in U.S. history; GM files to terminate Floydada dealership
AUG. 9: Reagor-Dykes questions former CFO’s actions; Contractor claims $700,000 due now
AUG. 7: Former Reagor-Dykes employees claim they were not paid
AUG. 6: Customers concerned over Reagor-Dykes 'unwinding' process
AUG. 6: Ford suit against Reagor-Dykes on hold while bankruptcy case proceeds
AUG. 3: Judge approves Reagor-Dykes employee pay
AUG. 2: Mayor: Downtown Lubbock growth to remain strong regardless of Reagor-Dykes future
INITIAL STORY: Ford Motor Credit sues Reagor-Dykes; R-D files for chapter 11 bankruptcy

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