Exhibit 31.2
Section 302 Certification
I, Paul A. deBary, certify that:
1. I have reviewed this quarterly report on Form 10-QSB of the registrant
Catskill Litigation Trust;
2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;
3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of
Catskill Litigation Trust as of, and for, the periods presented in this
quarterly report;
4. Catskill Litigation Trust's other certifying officer and I are responsible
for establishing and maintaining disclosure controls and procedures (as defined
in Exchange Act Rules 13a-15(e) and 15d-15(e) for the registrant and have:
a) designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to Catskill Litigation Trust, (which
has no consolidated subsidiaries), is made known to us by others, particularly
during the period in which this quarterly report is being prepared;
b) evaluated the effectiveness of Catskill Litigation Trust's
disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of the end
of the period covered by this quarterly report based on such evaluation; and
c) disclosed in this quarterly report any change in the Catskill
Litigation Trust's internal control over financial reporting that occurred
during it's most recent fiscal quarter that has materially affected, or is
reasonably likely to materially affect, the registrant's internal control over
financial reporting.
5. Catskill Litigation Trust's other certifying officer and I have disclosed,
based on our most recent evaluation of internal control over financial
reporting, to Catskill Litigation Trust's auditors and any persons performing
the equivalent functions of an audit committee of Catskill Litigation Trust):
a) all significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting which are
reasonably likely to adversely affect Catskill Litigation Trust's ability to
record, process, summarize and report financial information; and
b) any fraud, whether or not material, that involves management or
other employees who have a significant role in Catskill Litigation Trust's
internal control over financial reporting.
Date: August 17, 2004 /s/ Paul A. deBary
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Name: Paul A. deBary
Title: Acting Chief Financial Officer
