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The children of one of Australia's wealthiest families are locked in a legal battle, with a judge preliminarily allowing the daughter to bring derivative proceedings against her brother for allegedly giving property developer Lendlease options to buy land owned by the trust for which she is a beneficiary for a “significant undervalue”.
A judge has refused a bid to file a new pleading in a $1.3 million "squabble" with an "unfortunate history" between a client and his former solicitors, one of whom is now dead, dating back to 1993.