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Deal proposed in Lubbock $82 million Mike Cox bankruptcy case could recover small portion for Ferrum participants - Lubbock Lights

Summary by Lubbock Lights
The Lubbock man who owes perhaps more than $82 million in his bankruptcy case agreed to give up nearly $500,000 in disputed property – which could have been a lot more – after making a deal with the U.S. Bankruptcy trustee who thinks legal claims against might lose when scrutinized in court. The deal is not yet final in court and a long list of people still have the right to object in writing by March 19. If the deal goes through, and other exem…
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Jour de Galop broke the news in on Monday, March 3, 2025.
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