While the nation was drawing sweeps on Melbourne Cup Day, David Waterhouse was in the NSW Supreme Court and finished out of the placings.
The options trader, art collector and bitterly estranged member of the famous racing clan was seeking an ambitious $1.5 million costs freezing order against Lisa Rothner, the ex-wife of Michael Rothner who acquired the iconic harbourside home Villa Biscaya from Waterhouse in August 2023 for about $28 million.
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