The execution of Gloucester Park’s long-mooted land sale to developer Hesperia has become a public process at the hands of a “disgruntled” former board member.
The Supreme Court has told the WA Trotting Association it must give racing identity and former board member Duro Margaretic at least seven days’ notice before inking any legally binding sale agreements.
Margaretic had demanded an injunction to stop the association from going through with the 5.9-hectare land sale until his lawsuit over the credibility of a referendum of members paving the way for the deal could be determined.
But the two parties were forced to compromise in court on Tuesday, amid fears the sweeping order could put the entire $60 million East Perth racecourse revamp at risk.