Jaguar Paw and David Gegg to make new agreement

Today the battle between two well known contenders went back to court and from the looks of it, it might end without a flurry of blows. Late last month tourism developer, David Gegg filed an application seeking the court to order Jaguar Paw Resort to reopen its zip line operations to his tourists. But Jaguar Paw contends that it had closed its doors to Gegg because he had breached their agreement of paying rental and user fees. But it appears that Gegg, the share holders of Jaguar Paw, and a third investor who all own the zip line operation, may have reached some common ground. And now an Annual General Meeting is planned for January thirteenth to iron out the kinks. Attorney for Jaguar Paw, Elson Kaseke, told News Five that the three investors are expected to sign a lease agreement which will explain the details of payments and services to be rendered. With that now expected to take place, Justice Hafiz adjourned the case until after the AGM. As Kaseke told us today, after he argued that Gegg had no business in bringing up the claim in the first place against Jaguar Paw, Justice Hafiz also ruled that Gegg pay the legal fees incurred by Jaguar Paw.

Voice of Elson Kaseke, Attorney for Jaguar Paw
“One of the partners in Zip Line Adventures Ltd., which is a company called Bridgetown Cruise Terminal Ltd., had called for an annual general meeting of the company principally to discuss and to resolve the issues surrounding the operation of the zip line. What Bridgetown Cruise Terminal Ltd. called for was for the three agreements which were causing trouble: that is the lease agreement between Zip Line and Jaguar Paw, the food supply agreement between Zip Line and Jaguar Paw and the service agreement between Zip Line and David Gegg’s company for the transportation of tourists. Those are going to be executed now as we understand it on the thirtieth. This was brought to the attention of the judge and in light of this she said look, it would be prudent for the case to be adjourned at least until after the annual general meeting on the thirteenth. This being so, we informed the judge that look, the company has no business bringing a claim against Jaguar Paw in the first place and Jaguar Paw was materially prejudiced. It requested for the cost in defending the claim when in actual fact the claim was being driven by David Gegg. The judge agreed with that and as a result she awarded Jaguar Paw costs in the amount of fifteen thousand dollars.”

“In other words when you are being sued, you get an attorney you are to pay the attorney who must spend time going through the documents, preparing your defense and preparing the strategy of defending you. That’s what we refer to as cost. What is going to happen on the thirteenth is that the three parties who are subscribers to Zip Line Adventures Belize Limited are going to sit down and because they contemplated that their company was going to operate under three agreements, the lease agreement, the supply agreement for the supply of food and beverages to tourists and the services agreement for the transportation of guests by Cruise Solutions to the zip line site; those agreements are now going to be executed. When they are executed I think one of the parties are going to be satisfied because several of the issues which are sticking points now are going to be ironed out. If the issues are resolved which we hope they will, then the other side, Zip Line will withdraw its claim and the issue will die like that.”