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)d) Case administration. At a Dearing held <br />on February 11, 1991, [ha Court approved [he Debtors' Motion for <br />Entry of Cace Menageman[ Order and heard comments concerning the <br />entlclpated budget aubml[[ad by the Debtors end their <br />professionals. On March 37, 1991, the Court heard interim <br />applications [or compensation and relmbursemant of trelve <br />pro/eeei ovals employed Dy the Debtors, the Cred itore' Committee, <br />end the Trustee for Thm Col orsdo L Yyom log Railray Company and <br />l ntarlm eppllcatlona for rmlmbursement of members of the Creditors' <br />Committee. On motion o[ the Dmb[o[s at this hex [log, [he Court <br />also approved modi(lcatione of !ts Cace Management order and <br />approved procedures [or retention of consultants and expert <br />rit messes by special corporate and lit lgat ion counsel for the <br />De bto[c. <br />(e) IfQr ke[s' comps nsa[ion. On March 19, <br />1991, Pueblo Metals Company, Denver Metals Company, Pueblo pailroad <br />Service Company, CFLI Fabricators o[ Colorado, Inc., and CFL1 Steel <br />Corporation tiletl a motion seeking moditlcat ion of the automatic <br />stay to alloy all rarker'a compensatien claims re latex to <br />accidental inju[ies occurring after September la, 1985 to be <br />resolved in the ordinary sou rca. After a hearing on April l0, <br />1991, [he Court granted [he motion. On March 11, 1991, [he <br />Director, Division of labor, Colorado Depa rtnent of Labor and <br />Employment, tiled a motion seeking modi[icat ion of [he automatic <br />stay to alloy processing and adjudication of all corker's <br />compensaClon claims against the Debtors. The Debtors conditionally <br />agreed to the requested modltica[lon of the automatic stay as <br />requested by [he Director. No objections re [e Ill ed to the <br />Director's motion sn0 on April 30, 1991 the Court entered an Order <br />motllfying the automatic stay, to the extant t[ had not already been <br />mod l[led by the ADrll 10, 1991 Ordet, to el for sll corks is <br />compensaClon clel me ega lnmt the Debtors to be resolved in the <br />ordlna ry course of rorka n' compensation sdminlst ration procedures. <br />(L) Heclematlon letter of credit. On April <br />33, 1991, CFLI Steel Co[porat ion tiled !ts Motion for order <br />Authori clog Flnanclnq Aq reemen[ rich Colorado National Bank of <br />Denver In order to replace end expl ring latter of credit securing <br />performance of mina reclama[lon obllgatlone !n Oklahoma. The Court <br />granted this motion on May 30, 1991. <br />(q) ESOP Counsel. On April 33, 1991, CFLI <br />Steal Corporation tiled !t8 Motion for Authorlcatlon to Pay Legal <br />Fees of Keck, Mahin and Ceta es Counsel [or ESOP plan Of CFLI Steel <br />Corporation. On May 37, 1991, [he Court [uled that th18 motion <br />rou ltl be granted. <br />(3) Motio filed ana st i~l Pend ino. Duutors <br />have filed the folloring mot lone and applications rhich ere <br />currently pending before the Court. <br />(a) 1&hman Brothers retention. On February <br />5, 1991, CFLI Steel Corporation filed lta application to employ the <br />Lehman B[othe rc division of Shearson Lehman Brothers, ]nc., as its <br />investment banker. On stipulation rith thm Creditors' Committee, <br />an order on this Application has noC yet been presentetl. Following <br />numa rous diccussians and axchange^ o[ information ri[h the <br />Creditors' Comm lttee, CFLI believes that ell objections to its <br />~ B <br />