HOLLY VALANCE - VALANCE HAS NO REGRETS ABOUT 2003 LEGAL BILL

Australian singer/actress HOLLY VALANCE has no regrets about having to pay $315,000 (GBP157,500) to her former manager after losing a 2003 court battle - because "money is so transient". The Kiss Kiss star was sued by Scott Michaelson, who was her co-star in Aussie soap Neighbours, after she sent him a fax firing him 15 months before his contract was due to expire. Michaelson, who had secured Valance her acting role in Neighbours and was responsible for landing her record contract, sued and was awarded the $315,000 payout in court. But Valance insists her career is going from strength to strength with roles in U.S. TV shows such as Prison Break and Entourage. She says, "Money is so transient, it comes and it goes. "I own a pretty nice condo in Hollywood. Have you heard of him (Michaelson) lately?"