IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Cordillera Golf Club, LLC,1 dba

The Club at Cordillera, Debtor. NOTICE OF AGENDA OF MATTERS SCHEDULED FOR PRE-TRIAL CONFERENCE ON JULY 12, 2012 AT 1:00 P.M. (ET) Chapter 11 Case No. 12-11893 (CSS)

MATTERS GOING FORWARD: 1. Emergency Motion of the Debtor for Entry of Interim and Final Orders Pursuant to 11 U.S.C. 105, 361, 362, 363(c), 364(c), 364(d), and 364(e) and Fed. R. Bankr. P. 2002, 4001 and 9014 (I) Authorizing Debtor to Obtain Post-Petition Secured Financing, (II) Granting Security Interests and Superpriority Administrative Expense Claims, (III) Granting Adequate Protection to Pre-Petition Secured Parties, (IV) Authorizing the Use of Cash Collateral as Provided Herein, and (V) Scheduling a Final Hearing [Docket No. 59, 7/2/12] Objection/Response Deadline: Related Pleadings: a) Complaint to Determine Validity, Priority, Perfection and Extent of Lien; for Declaratory Relief; and Avoidance of Lien Adv. No. 12-50785 [Docket No. 1, 7/2/12] b) Supplement Regarding Budget to Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to Obtain Post-Petition Secured Financing, (II) Granting Security Interests and Superpriority Administrative Expense Claims, (III) Granting Adequate Protection to Pre-Petition Secured Parties, (IV) Authorizing the Use of Cash Collateral as Provided Herein, and (V) Scheduling a Final Hearing [Docket No. 89, 7/6/12] c) Order Regarding the Terms of the Courts Order Dated July 5, 2012 Relating to the Scheduling of the Venue Motion Shall Control the Joinder in All Respects [Docket No. 93, 7/9/12] July 12, 2012 at 4:00 p.m. (ET)

The Debtor in this chapter 11 case, and the last four digits of its employer tax identification number, is: XXXXX1317. The corporate headquarters address for the Debtor is 97 Main Street, Suite E202, Edwards, CO 81632.

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d) Supplement Re Budget to Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to Obtain Post-Petition Secured Financing, (II) Granting Security Interests and Superpriority Administrative Expense Claims, (III) Granting Adequate Protection to Pre-Petition Secured Parties, (IV) Authorizing the Use of Cash Collateral as Provided Herein, and (V) Scheduling a Final Hearing [Docket No. 96, 7/9/12] Objections/Responses Received: None at this time

Status: This matter is going forward solely as a status conference. 2. Motion of Cheryl M. Foley, Thomas Wilner, Jane Wilner, Charles Jackson, Mary Jackson and Kevin B. Allen, Individually and as Representatives of a Certified Class of Members, to Transfer Venue [Docket No. 69, 7/5/12] Objection/Response Deadline: Related Pleadings: a) Order Shortening Notice and Objection Periods With Respect to Motion of Cheryl M. Foley, Thomas Wilner, Jane Wilner, Charles Jackson, Mary Jackson and Kevin B. Allen, Individually and as Representatives of a Certified Class of Members, to Transfer Venue [Docket No. 71, 7/5/12] Order Regarding the Terms of the Courts Order Dated July 5, 2012 Relating to the Scheduling of the Venue Motion Shall Control the Joinder in All Respects [Docket No. 93, 7/9/12] July 11, 2012 at 12 Noon (ET)

b)

Objections/Responses Received: c) Joinder of Alpine Bank to the Motion of Cheryl M. Foley, Thomas Wilner, Jane Wilner, Charles Jackson, Mary Jackson and Kevin B. Allen, Individually and as Members of a Certified Class of Members, to Transfer Venue [Docket No. 77, 7/5/12]

Status: This matter is going forward solely as a status conference. 3. Motion of Cordillera Property Owners Association, Inc. and Cordillera Metropolitan District to Transfer Venue to Colorado and Joinder in the Motion of Cheryl M. Foley, Thomas Wilner, Jane Wilner, Charles Jackson, Mary Jackson and Kevin B. Allen, Individually and as Representatives of a Certified Class of Members, to Transfer Venue [Docket No. 78, 7/5/12] Objection/Response Deadline: July 11, 2012 at 12 Noon (ET)

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Related Pleadings: a) Order Granting Motion to Shorten Notice and Objection Periods Regarding Motion of Cordillera Property Owners Association, Inc. and Cordillera Metropolitan District to Transfer Venue to Colorado and Joinder in the Motion of Cheryl M. Foley, Thomas Wilner, Jane Wilner, Charles Jackson, Mary Jackson and Kevin B. Allen, Individually and as Representatives of a Certified Class of Members, to Transfer Venue [Docket No. 92, 7/9/12] b) Order Regarding the Terms of the Courts Order Dated July 5, 2012 Relating to the Scheduling of the Venue Motion Shall Control the Joinder in All Respects [Docket No. 93, 7/9/12] Objections/Responses Received: c) Joinder of Alpine Bank to the Motion of Cordillera Property Owners Association, Inc. and Cordillera Metropolitan District to Transfer Venue to Colorado [Docket No. 95, 7/9/12] Status: This matter is going forward solely as a status conference. Dated: Wilmington, Delaware July 10, 2012 FOLEY & LARDNER LLP Christopher Celentino Mikel Bistrow Erika Morabito 402 West Broadway, Suite 2100 San Diego, California 92101 Telephone: (619) 234-6655 Facsimile: (619) 234-3510 -andYOUNG CONAWAY STARGATT & TAYLOR, LLP /s/ Donald J. Bowman, Jr. Michael R. Nestor (No. 3526) Joseph M. Barry (No. 4221) Donald J. Bowman, Jr. (No. 4383) Justin P. Duda (No. 5478) Rodney Square 1000 N. King Street Wilmington, Delaware 19801 Phone: (302) 571-6600 Facsimile: (302) 571-1253 .

Proposed Counsel for Debtor and Debtor-in-Possession

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