The agreement will inject $7.5 million into the estate, end all of Vista Bank's claims and demands in the bankruptcy case, and adds an approving vote to Reagor-Dykes' reorganization plan.

U.S. Bankruptcy Judge Robert Jones has approved a motion allowing the landlord of the Reagor-Dykes Ford Lincoln Plainview dealership to take possession of the property.

There is not yet certainty on how the Reagor-Dykes Auto Group will emerge from bankruptcy, though a new settlement involving Vista Bank brought some hope.

A New Orleans-based auto group has taken steps to purchase Spike Dykes Ford in Lamesa.

Attorneys for the Reagor-Dykes claim FirstCapital Bank actively participated in massive fraud, leading to the Auto Group's collapse.

Vista Bank filed a motion to settle claims with the Reagor-Dykes Auto Group.

The Texas Attorney General has asked a federal bankruptcy judge to hold off on liquidating Reagor-Dykes. The office opposes two motions to convert the cases to Chapter 7, set to be heard Wednesday. 

Without a plan sponsor to infuse new capital, FirstCapital Bank filed a new motion to convert the bankruptcy case to government-controlled liquidation.

Reagor-Dykes' legal team claims Vista Bank was involved with and knew about massive fraud. The bank fired back, stating it refuses to be extorted by criminals.

Bart Reagor's request for a new trial, or a reduction of the amount he must pay, in Ford Credit's lawsuit filed against him and Rick Dykes has been denied.

Bart Reagor is requesting a new trial, or a reduction of the amount he must pay, in Ford Credit's lawsuit filed against him and Rick Dykes.

IBC Bank moved for summary judgment back in July, reporting it's foreclosed and liquidated collateral it recovered from the dealerships, but the loans -- signed in 2017 and 2018 -- had the $26.5 million outstanding.

The list of former Reagor-Dykes employees who took part in massive fraud at the now-bankrupt Auto Group continues to grow.

Another former employee of the Reagor-Dykes Auto Group has pleaded guilty to a federal charge, bringing the total to 10.

Attorneys for Reagor-Dykes have some more time to work on a re-organization plan, wading through requests from creditors.

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." 

In a motion to delay a hearing filed Friday morning, attorneys for the Reagor-Dykes Auto Group claim it has the votes to approve reorganizing and restructuring the business.

Ashley Dunn confesses to her part in "an extensive check-kiting scheme" involving 19 accounts at eight different banks, and told federal agents she spent the majority of her time processing kited checks.

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

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

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.

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 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. 

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