Australian supermodel Elle Macpherson has been awarded with £2.5million after winning a court battle against the liquidators of one of the Icelandic banks

2008?2009 Icelandic financial crisis: Iceland, Glitnir (bank), Landsbanki, Icelandic Financial Supervisory Authority, National bankruptcy, Icelandic króna
Australian supermodel Elle Macpherson has been awarded with £2.5million after winning a court battle against the liquidators of one of the Icelandic banks which collapsed during the economic crisis.


Elle, known as The Body, took PriceWaterhouseCoopers, the liquidators of KSF, to the High Court in the Isle of Man.

Macpherson could have lost money tied up with the bank after she used it to buy a new home in London.

Although the 46-year-old ended up selling the house last October for £6.4million.

The star took action with PWC when they would not let her 'set off' deposits she had with the bank against money owed by her company to KSF for a mortgage on property.DISCLAIMER:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.

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