Reagor-Dykes 

UPDATE: Reagor-Dykes attorneys answer Vista Bank's claims of extortion
UPDATE: Reagor-Dykes attorneys answer Vista Bank's claims of extortion

Vista Bank accuses Reagor-Dykes and its chief restructuring officer of an "ongoing scheme to extort creditors like Vista who already suffered millions in damages due to Reagor-Dykes' criminal actions." 

Bart Reagor ordered to pay nearly $1.8 million to Vista Bank
Bart Reagor ordered to pay nearly $1.8 million to Vista Bank

A Lubbock District Court Judge has granted summary judgment to Vista Bank in its lawsuit against Bart Reagor.

Judge adds attorney fees to total payment in Ford Credit v. Bart Reagor
Judge adds attorney fees to total payment in Ford Credit v. Bart Reagor

In a final judgment filed Tuesday, Senior U.S. District Judge Sam Cummings ordered Bart Reagor to pay $49,280,709.59 to the Ford Motor Credit Company, adding the agency's attorney fees.

Anthony Hall
Additional creditors object to Reagor-Dykes reorganization plan
Additional creditors object to Reagor-Dykes reorganization plan

Several creditors involved in the Reagor-Dykes bankruptcy have filed notice with the court as to why a reorganization plan should not be approved.

Two creditors object to Reagor-Dykes reorganization plan
Two creditors object to Reagor-Dykes reorganization plan

Ford Motors claims it can't provide Ford and Lincoln sales and service agreements to any reorganized dealerships due to outstanding debts totaling nearly $450,000.

Anthony Hall
Eighth former Reagor-Dykes employee pleads guilty
Eighth former Reagor-Dykes employee pleads guilty

A former group administrative director for the Reagor-Dykes Auto Group has pleaded guilty. The tally of former employees who have pleaded guilty is now up to eight.

Vista Bank, FirstCapital Bank resolve lawsuit
Vista Bank, FirstCapital Bank resolve lawsuit

Vista Bank and defendants FirstCapital Bank and Brad Burgess have reached a "mutual and amicable resolution of their dispute", according to a joint news release from all the parties. 

Dykes, First Bank & Trust settle
Dykes, First Bank & Trust settle

Rick Dykes and First Bank & Trust have settled their claims against each other, according to a court filing.

Two more former Reagor-Dykes employees plead guilty
Two more former Reagor-Dykes employees plead guilty

Pepper Rickman and Sherri Wood admitted they were part of an interdealership floor plan financing fraud scheme that cost Ford Motor Credit more than $27 million, according to court records.

Anthony Hall
Judge to rule in Vista Bank's favor against Reagor
Judge to rule in Vista Bank's favor against Reagor

Vista Bank will win the summary judgment against Bart Reagor, according to court documents. 

Hearing set on motion to convert Reagor-Dykes case to Chapter 7
Hearing set on motion to convert Reagor-Dykes case to Chapter 7

There will be a hearing later this month on a proposal to convert the Reagor-Dykes Auto Group bankruptcy cases to chapter 7 liquidation.

Ford Credit takes issue with First Bank & Trust's liquidation request
Ford Credit takes issue with First Bank & Trust's liquidation request

In a new court filing, Ford Motor Credit Company takes issue with statements First Bank & Trust made in its motion to convert the Reagor-Dykes bankruptcy to chapter 7 liquidation.

Now up to five: Two more former Reagor-Dykes employees plead guilty
Now up to five: Two more former Reagor-Dykes employees plead guilty

A former office manager and a former account manager have pleaded guilty for their roles in the massive fraud at the Reagor-Dykes Auto Group.

Reagor-Dykes counsel asks to delay liquidation request
Reagor-Dykes counsel asks to delay liquidation request

In federal bankruptcy court, attorneys for the Reagor-Dykes Auto Group have asked the court to push back a hearing asking to convert everything to liquidation.

First B&T: Reagor, Dykes using hearsay, speculation
First B&T: Reagor, Dykes using hearsay, speculation

In its civil action in federal court, First Bank and Trust claims Bart Reagor and Rick Dykes are using hearsay, speculation and innuendo to fight its lawsuit against them.

Judge denies Reagor's request to delay Vista Bank suit
Judge denies Reagor's request to delay Vista Bank suit

Judge Ruben Reyes has denied Bart Reagor's attempt to delay Vista Bank's lawsuit against him.

UPDATE: Jury orders Reagor to pay $53.7 million
UPDATE: Jury orders Reagor to pay $53.7 million

Testimony has wrapped in the Ford Motor Credit v. Bart Reagor trial. Jurors are now deliberating how much Reagor owes.

Jonah Tuls
Vista Bank: Reagor unnecessarily delaying
Vista Bank: Reagor unnecessarily delaying

Attorneys for Vista Bank are asking Judge Ruben Reyes to reject Reagor's request for a continuance.

Judge issues gag order against Reagor, representatives
Judge issues gag order against Reagor, representatives

A gag order has been issued, preventing Bart Reagor, or anyone speaking on his behalf, from making comments about this case before the jury makes a decision.

Kayla Black
Day 1: Ford Credit claims Bart Reagor owes $54 million
Day 1: Ford Credit claims Bart Reagor owes $54 million

The first day of the of the Ford Motor Credit v. Bart Reagor trial concluded Wednesday at the Lubbock Federal Courthouse with an amount of money the agency claimed Reagor now owes. 

Jonah Tuls
Countersuit: Vista Bank wrongfully used Reagor's accounts
Countersuit: Vista Bank wrongfully used Reagor's accounts

Bart Reagor, co-owner of the bankruptcy-ridden Reagor-Dykes Auto Group, claims a bank he and the auto group did business at wrongfully took control of his personal accounts to offset debt Vista Bank claimed against him.

Anthony Hall
Reagor-Dykes reorganization proposal goes to a vote
Reagor-Dykes reorganization proposal goes to a vote

A federal bankruptcy judge has approved the disclosure statement and reorganization plan for the Reagor-Dykes Auto Group, taking the next step toward rebuilding the auto group under Chapter 11.

Anthony Hall
More charges: Two Reagor-Dykes employees plead to bank fraud
More charges: Two Reagor-Dykes employees plead to bank fraud

The number of people who have pleaded to federal charges in the Reagor-Dykes fraud is now three.

First Bank & Trust proposes converting Reagor-Dykes bankruptcy to liquidation
First Bank & Trust proposes converting Reagor-Dykes bankruptcy to liquidation

In a motion filed Friday, Reagor-Dykes Auto Group creditor First Bank & Trust asked a U.S. bankruptcy court to convert the auto group's case from reorganization to liquidation, arguing the debtor has failed to propose ways to benefit its creditors.

Anthony Hall
Ford Credit, Reagor's attorneys propose jury orders ahead of trial
Ford Credit, Reagor's attorneys propose jury orders ahead of trial

Bart Reagor has demanded a jury trial to determine how much he owes Ford Motor Credit; he disputes the agency's original estimate of more than $46 million.

Anthony Hall
Reagor-Dykes names primary investor in re-organization plan
Reagor-Dykes names primary investor in re-organization plan

Henry Resources, LLC, has been named as the primary investor in the "Auto Investment Group," which will front the initial $13 million necessary to facilitate a plan out of bankruptcy.

Anthony Hall