Latest News Headlines
On-Air Now
Listen Live
Facebook

Elle Macpherson drops case against Manx courts

Tue, 08 Jul 2014

Elle Macpherson
Elle Macpherson

Supermodel and businesswoman Elle Macpherson has dropped her case against the Manx courts.

50 year-old Ms Macpherson was ordered to pay £8 million to the liquidators of Kaupthing Bank - despite her holding deposits of £2.5 million. 

In 2012, it was reported the UK Privy Council gave the supermodel a chance to appeal against the decision.

Macpherson and Lighthouse Living Ltd. then obtained permission to appeal to the Judicial Committee of the Privy Council - which Cains Advocates reportedly say is no longer being progressed.

Her team refused to comment. 

Bookmark and Share