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Accounting in January 1998. The Complaint also requests that this Court determine the <br /> amount of money still owed to the Division under Mid-Continent Resources' liquidation <br /> plan. <br /> 2. On March 31, 1998, this Court entered the Second Interim Case Handling Order, <br /> attached as Exhibit 1. This Order sets forth the Pre-trial and Trial Schedule for the issues <br /> remaining in this case. Presently, the trial is set for six (6) days to begin on August 7 and <br /> continue through the week of August 10, 1998. <br /> 3. Trial in this case would be fact-intensive and technically complex. Among other <br /> things, a trial would entail litigating the reclamation tasks required under MCR's mining and <br /> reclamation permit, the estimated costs of these tasks, and the propriety of the credits and <br /> cash payments taken by the Creditors' Trustee against reclamation funds under MCR's <br /> liquidation plan. In addition, trial would involve litigation of the Division's Counterclaim <br /> against Mr. LaGiglia. <br /> 4. Earlier this month, the parties initiated discussions to attempt to resolve the issues <br /> pending in th;s case. The patties are again meeting on May 13, 1998. The parties believe <br /> that a negotiated resolution is in their best interests and in the interests of judicial economy. <br /> These negotiations are time-consuming and are difficult to engage in while aiNo trying to <br /> devote substantial resources to trial preparation. All parties agree that the parties' financial <br /> and personnel resources are limited by bankruptcy, in the case of Mid-Continent Resources, <br /> and by budgetary constraints. Consequently, the parties prefer to use their resources to <br /> 2 <br />