Love Settles Suit Over Nirvana Publishing Sale
COURTNEY LOVE has settled a $1 million (£666,600) lawsuit over profits from her late husband KURT COBAIN's NIRVANA catalogue.
Bosses at management firm London & Co. sued Love in 2008, claiming she had failed to share the earnings from a sale of Nirvana’s publishing rights.
The company chiefs claimed the sale was worth around $20 million (£13.3 million).
Associated Press reports suggest attorneys for London & Co. and Love's legal team told a judge in Los Angeles last week (11Aug10) that they had settled. The case was dismissed.
Love has controlled many of the rights to Cobain and Nirvana’s work since the rocker's suicide in 1994.
No details of the settlement have been revealed.