Lindsay Fox, Max Beck lose high-stakes valuation case over Essendon Airport

Transportation & Infrastructure 2019-09-02 11:52 pm By Christine Caulfield | Melbourne

Billionaire Lindsay Fox and property magnate Max Beck have lost a dispute over the valuation of land at their jointly operated Essendon Airport, with a judge siding with the Federal Government’s method that calculated the site’s value at $349 million, not $7.1 million as claimed by their expert.