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DISTRICT COURT, GARFIELD COUNTY, COLORADO <br />Civil Action No. 91 CV 08-3 <br />STIPULATED MOTION FOR DISMISSAL <br />GARFIELD CITIZENS ALLIANCE, Plaintiff, <br />vs. <br />COLORADO MINED LAND RECLAMATION BOARD, <br />COLORADO DMSION OF MINED LAND RECLAMATION, <br />AND NEW CASTLE ENERGY CORPORATION, Defendants. <br />COMES NOW the Plaintiff, Garfield Citizens Alliance, by and through its attorney of <br />record, Edward P. Sands; and the Defendants Colorado Mined Land Reclamation Board and <br />Colorado Division of Mined Land Reclamation, by and through their attorney of record, Frank <br />R. Johnson; and NCIG Financial, Inc., the successor in interest to the Defendant New Castle <br />Energy Corporation, by and through its attorney, David Sturges, and hereby move to dismiss <br />the within action with prejudice with each party to pay its own attorneys' fees and costs, <br />pursuant to C. R.C. P. 41(a)(1). As grounds therefore, the parties state as follows: <br />1. At the time of filing of the within action, New Castle Energy Corporation was <br />the holder of all rights under a permit granted by the Defendant Colorado Mined Land <br />Reclamation Board to operate the Coalridge No. 1 Mine, and thus was a necessary party to this <br />proceeding. However, Defendant New Castle Energy Corporation, prior to the filing of the <br />within action, filed a Petition in Bankruptcy under Chapter 7 of the United States Bankruptcy <br />Code in the United States District Court for the District of Colorado in bankruptcy, Case No. <br />90-19212DEC. Because of the automatic stay provisions provided under the United States <br />Bankruptcy Code, Plaintiff took no action to serve New Castle Energy Corporation with <br />process, and said Defendant still has not been served with process. <br />2. NCIG Financial, Inc., purchased from the bankruptcy estate of Defendant New <br />Castle Energy Corporation al] assets, including al] rights to the permit at issue in this case, <br />under the direction and administration of the interim bankruptcy trustee, and said sale was <br />approved and ordered by the Bankruptcy Court on or about March 29, 1991. <br />3. Pursuant to a stipulation between Plaintiff and NCIG Financial, lnc., NCIG <br />Financial, Inc., agreed to be substituted for Defendant New Castle Energy Corporation as the <br />successor in interest to New Castle Energy Corporation, and as a necessary and indispensable <br />party in this action. Because of on-going settlement negotiations between Plaintiff and NCIG <br />Financial, Inc., said substitution of parties has not actually occurred. <br />4. The Plaintiff, Defendants Colorado Mined Land Reclamation Board and <br />Colorado Division of Mined Land Reclamation, and NCIG Financial, Inc., have reached a <br />settlement of all outstanding issues in the within case, and hereby consent to a dismissal of the <br />within action with prejudice, with each party to pay its own attorneys' fees and costs incurred as <br />a result of the filing of the within action. <br />