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24. LITIGATION
The Board is involved in several pending and threatened legal actions, the range of potential loss from which, as estimated by the Board’s attorney, should not materially affect the financial condition of the District. However, one case has completed the initial trial and a verdict of $1,670,364 has been rendered in favor of the plaintiff. The District intends to defend itself vigorously through the appeals and Claims Bill process with the State Legislature and has not recorded an obligation in relation to this case. Final determination of liability, if any, is unlikely for a number of years.