He, along with his brother, Hadmar III, took part in the Fifth Crusade with Leopold VI, Duke of Austria.
After Duke Leopold the Glorious died on 28 July 1230, disputes with his heir, Frederick II, Duke of Austria, infamously called the Warlike or Quarrelsome, rose up almost immediately.
When Liutold and Conrad of Altenburg sent an appeal to Duke Frederick on 30 November 1230 for the demarcation of the abbey, the Kuenring brothers and their allies, the Sonnbergs under Hadmar I of Sonnberg, responded with vehement protest, declaring that such a thing would impoverish their houses.
This led to war in the early months of 1231, and it ended with the destruction of Sonnberg castle in April 1231.
The dispute led to a complete enmity with Duke Frederick, and the forced acceptance of the Altenburg appeal.