Tourism Riches Spark Battle Over James Bond’s Icelandic Lagoon
- Icelandic PE investor takes government to court over ownership
- Case seen as test of new government’s business credentials
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It’s the latest chapter in an enduring Nordic saga pitting profit against nature.
But the legal battle that an investment company has set in motion over the ownership of Jokulsarlon, an otherworldly glacier lagoon on Iceland’s southeastern coast, is also a key test of the new government’s business credentials.