Elle Macpherson drops case against Isle of Man Courts

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 in UK news that 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 is no longer being progressed. 
We spoke to her PA, who told us her team are unavailable for comment. 

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