** Shares of Australia's Lendlease Group LLC.AX fall as much as 5.1% to A$5.220, their lowest levels since March 13, 2009
** After market hours on Tuesday, the real estate co said it might face a A$100 million ($59.95 million) hit to its earnings this full year as a result of a dispute
** Dispute about development rights to land parcel next to its Figtree Hill Estate in Sydney
** Judgment was handed down that does not support Lendlease's ability to exercise its contractual rights over
land parcels - LLC
** Adds co will appeal the court's decision
** Stock has fallen 11.7% this year, as of last close
($1 = 1.6681 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.