The Reagor Dykes (RD) companies on Wednesday morning requested an expedited hearing on the possible sale of RD dealerships.
On Tuesday the Chief Restructuring Officer for RD requested permission from a bankruptcy judge to sell the assets of 13 dealerships. The estimated price would be more than $25 million.
The request on Wednesday was to hold a hearing on this issue on September 18 at 10 a.m.
A list of RD companies filed for bankruptcy on August 1 after Ford Motor Credit Company accused RD of defaulting on $40 million. Ford later accused RD of outright fraud.
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