LUBBOCK, Texas - Reagor-Dykes Auto Group locations were open Monday, but they were operating with a limited staff, the company said in a statement.
On Friday, a judge ruled Reagor-Dykes could pay its employees, even though the company had filed for Chapter 11 bankruptcy.
Although the company announced its locations would be open Monday, the statement said the Friday ruling meant a limited number of personnel would be at each location.
The Reagor-Dykes Auto Group released the following statement:
“All locations of Reagor-Dykes Auto Group were open and operating on Monday. In compliance with the order of the Bankruptcy Judge issued Friday, the dealerships have placed on leave certain personnel to comply with the budget and avoid exceeding the allowed expenditures agreed upon by Ford Motor Credit. We encourage our loyal customers to come and give us the opportunity to sell them a car.”
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