Bahamas Court of Appeals Upholds Baker's Bay Ruling

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The right of Baker's Bay Golf & Ocean Club, one of the finest new luxury communities in The Bahamas developed by Discovery Land Company, was granted permission to move forward with its development plan by the Bahamas Court of Appeal.

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All of us at Discovery Land Company and Baker's Bay have a deep respect for the people, the laws and the environment of The Bahamas. We are pleased and honored that the courts have recognized this fact.

The right of Baker's Bay Golf & Ocean Club, one of the finest new luxury communities in The Bahamas, to move forward with its development plan was affirmed Monday, February 18, 2008. President Dame Joan Sawyer, Justice Lorris Gantpatsingh and Justice Emmanuel Osadeby of The Bahamas Court of Appeal unanimously dismissed the Save Guana Cay reef Association's (SGCRA) appeal and upheld Justice Norris Carroll's October 12, 2006 Supreme Court ruling in favor of Baker's Bay Golf & Ocean Club.

Responding to the decision, Michael S. Meldman, Chairman and CEO of Discovery Land Company, developers of the Baker's Bay community, said he was pleased with the court's decision.

"This is good news," said Meldman. "All of us at Discovery Land Company and Baker's Bay have a deep respect for the people, the laws and the environment of The Bahamas. We are pleased and honored that the courts have recognized this fact."

The ruling by the Bahamas Court of Appeal is another welcome and positive reassurance for the Baker's Bay community, according to Dr. Livingston Marshall, Sr. Vice President, Environmental and Community Affairs at Baker's Bay.

"It is wonderful that this issue is settled," said Dr. Marshall. "Discovery Land Company and Baker's Bay came to The Bahamas with an excellent development concept that passed through a very public consultative process which included input from individuals involved in SGCRA. This process made Baker's Bay an even better project. Today's Court of Appeal ruling has boosted our commitment to building the most environmentally sensitive development possible."

Baker's Bay Golf & Ocean Club is located in the beautiful Abaco Islands, Baker's Bay boasts more than six miles of spectacular beachfront with a luxurious beach club; a 180-slip deep-water marina; a world-class spa; a Tom Fazio golf course; a vibrant Caribbean village and breathtaking home sites.

Discovery Land Company is one of the world's leading private club and community developers. Currently, Discovery Land Company has 16 properties with 12 actively selling. Each is located in a proven destination that is easily accessible and renowned for its natural beauty. Discovery adds value to these destinations by offering exceptional member service and creating communities that are both respectful towards and enhanced by their natural settings. This enables Discovery's members to develop meaningful ties by blending their lifestyles and family structures into the surrounding environment.

To learn more about Discovery Land Company, please call (480) 624-5200 or visit http://www.discoverylandco.com.

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