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er of Apes Hill Golf Club. It appears this momentum will continue into March, as the acceptance of our golf club is unprecedented in the history of Landmark. Those who have played it universally feel that it is the best in Barbados, the best in the Caribbean, and perhaps the best new golf course in the
pproximately 30 houses built and a little over 20 occupied. The owncrs have great faith in Landmark. They have visited Apes Hill in Barbados and if Landmark could find a little money, I believe we could raise the rest of it from the very affluent lot owners and members that already have a vested interes
e past is the truth, the truth, the truth. The purpose of this letter is to briefly 1. South Padre Island — The history review the operations of Landmark for February. of sales at South Padre Island since it began in 1999 are as follows: 1999 28 2000 70 2001 71 2002 63 2003 71 2004 108 2
sition after our substantial expenditure of time. Looking forward to seeing you at the Board meeting. I believe you will love Bright's Creek. (b) St. Lucia — In this case it seems to me that history is circular, not linear, and the beat goes on. After Scotia Bank first agreed to, and then reversed their
200 left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very attractive price, his interest, and it is now owned 100% by Landmark. EFTA_R1_00202623 EFTA01827481 South Padre Island Development is on the right side of history in that it offers good value, in warm weather. on
esort community in development. While very few foreclosures have taken place to-date, on an average, they have sold for 10 cents on the dollar. 4. Landmark has: • the best reputation in the business, • the management team that created the reputation, and • $153 million tax loss that expires 2022.
ew would be billions of dollars of distressed assets. This year we have entered into a contract for the development of a distressed golf project in St. Lucia. We have reached agreement with the government of St. Kitts to start up, again, a resort project on the west coast of St. Kitts that had been aband
isis we only sold 21 houses in 2008 and are doing only slightly better than that in 2009. Therefore, the cash flow is not coming from South Padre to Landmark, but cash is going from Landmark to South Padre. Recently there was some sign of optimism, but in the short run, this may be a false spring. In the
resort community in development. While very few foreclosures have taken place to-date, on an average, they have sold for 10 cents on the dollar. 4. Landmark has: • the best reputation in the business, • the management team that created the reputation, and • $153 million tax loss that expires 2022.
w would be billions of dollars of distressed assets. This year we have entered into a contract for the development of a distressed golf project in St. Lucia. We have reached agreement with the government of St. Kitts to start up, again, a resort project on the west coast of St. Kitts that had been abando
resort community in development. While very few foreclosures have taken place to-date, on an average, they have sold for 10 cents on the dollar. 4. Landmark has: • the best reputation in the business, • the management team that created the reputation, and • $153 million tax loss that expires 2022.
,200 left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very attractive price, his interest, and it is now owned 100% by Landmark. EFTA_R1_01517543 EFTA02442518 South Padre Island Development is on the right side of history in that it offers good value, in warm weather. on
w would be billions of dollars of distressed assets. This year we have entered into a contract for the development of a distressed golf project in St. Lucia. We have reached agreement with the government of St. Kitts to start up, again, a resort project on the west coast of St. Kitts that had been abando
,200 left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very attractive price, his interest, and it is now owned 100% by Landmark. South Padre Island Development is on the right side of history in that it offers good value, in warm weather. on the water for middle-class pre-re
resort community in development. While very few foreclosures have taken place to-date, on an average, they have sold for 10 cents on the dollar. 4. Landmark has: • the best reputation in the business, • the management team that created the reputation, and • $153 million tax loss that expires 2022. Up
w would be billions of dollars of distressed assets. This year we have entered into a contract for the development of a distressed golf project in St. Lucia. We have reached agreement with the government of St. Kitts to start up, again, a resort project on the west coast of St. Kitts that had been abando
man" size="3"> EFTA_R1_01664176 EFTA02524800 Update of the Last 10 Years D=ring the last 5 years of our fight with the government, because of Landmark's high quality environmental record, Landmark was invited by the=20 European Union to develop the last great sand dune on the west coast of Ireland
left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very=20 attractive price, his interest, and it is now owned 100% by Landmark. S=uth Padre Island Development is on the right side of history in that it offers good value, in warm weather. on the water for middle-class pre
uld be billions of dollars of=20 distressed assets. T=is year we have entered into a contract for the development of a distressed golf project in St. Lucia. We have reached agree=ent with the government of St. Kitts to start up, again, a resort project on the west co=st of St. Kitts that had been aband
22. Update of the Last 10 Years During the last 5 years of our fight with the government, because of Landmar.'s high quality environmental record, Landmark was invited by the Europe=n Union to develop the last great sand dune on the west coast of Ireland. We developed, on a fee basis, the Doonbeg Go=f C
is we only sold 21 h=uses in 2008 and are doing only slightly better than that in 2009. Therefore, the cash flow is not coming from South Padre to Landmark, but cash is going from Landmark to South Padre. Recently there was some sign of optimism, but in the short run= this may be a false spring. In the
new would=be billions of dollars of distressed assets. This year we have entered into a contract for the development of a distres=ed golf project in St. Lucia. We have reached agreement=20 with the government of St. Kitts to start up, again, a resort project=on the west coast of St. Kitts that had been ab
s 2022. =font face="Times New Roman" size="3"> Update of the Last 10 Years D=ring the last 5 years of our fight with the government, because of Landmark's high quality environmental record, Landmark was invited by the=20 European Union to develop the last great sand dune on the west coast of Ireland
left to be built. After Lloyd Bentsen's death, we bought from his estate, at a very=20 attractive price, his interest, and it is now owned 100% by Landmark. S=uth Padre Island Development is on the right side of history in that it offers good value, in warm weather. on the water for middle-class pre
uld be billions of dollars of=20 distressed assets. T=is year we have entered into a contract for the development of a distressed golf project in St. Lucia. We have reached agree=ent with the government of St. Kitts to start up, again, a resort project on the west co=st of St. Kitts that had been aband
FDIC and the Alabama State Banking Department. The bank is currently working to increase capital levels and reduce the level of criticized assets. Landmark has been in discussions with a group that owns approximately 1,000 acres of undeveloped entitled residential property in the Sugarloaf Mountain comm
r > on behalf of "Gerald Barton" Sent Fri 7/17/2009 3:22:37 PM Subject: RE: Jeffrey, I returned from Barbados last night. The Prime Minister of St. Lucia and his cabinet have asked the National Insurance Corporation of St. Lucia to advance $10 million as a second mortgage on a project that we are doin
e. • Cash Flow - My friends in Oklahoma have each agreed to put in $1 million. They said they would prefer to give it to me personally. I told them Landmark had outstanding assets, a large tax loss and was worth saving. This money does not, long-term, solve our problem, but gives us time for the market
roduce much news. EFTA_R1_0 1520227 EFTA02444106 • South Padre - Both the traffic has increased and sales increased slightly. Still very slow. • St. Lucia I . We are told the national insurance board will approve a $10 million stimulus package for our project before the end of this month. 2. This wee
Entities connected to both Landmark and St. Lucia

Jeffrey Epstein
PERSON
Barbados
LOCATIONSt. Kitts
LOCATIONLandmark Land Company, Inc.
ORGANIZATIONApes Hill
LOCATION
North Carolina
LOCATIONSouth Padre Island
LOCATIONSouth Padre
LOCATIONGerald Barton
PERSONGerald G. Barton
PERSON
Prince Andrew
PERSONLewie Ranieri
PERSON
Stephen Hawking
PERSONBarton
PERSONUpper Marlboro
LOCATION
the Board of Directors
ORGANIZATION
Barry Diller
PERSON
Golf Digest
ORGANIZATIONthe Court of Claims
ORGANIZATION
Ritz-Carlton
ORGANIZATION