Judge Calls for Vote in Reagor-Dykes Reorganization Plan
Court records say that creditors and other parties-in-interest in the Reagor-Dykes bankruptcy case will get to vote on a reorganization plan in December.
According to KAMC News, the plan, which was filed in September, calls for Auto Investment Group and SLJ Compnany to recapitalize the various Reagor Dykes Dealerships with $13 million in exchange for 90% equity.
Written objections to the plan are due on November 6th, and ballots must be received back no later than November 22nd.
Afterwards, a court hearing will be held on December 11th at 10 a.m.