August 18, 2010 07:26:57 GMT
Bosses at management firm London & Co. have dismissed legal paper accusing Courtney Love failed to share the earnings from a sale of Nirvana's publishing rights.
Courtney Love has settled a $1 million 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. Associated Press reports suggest attorneys for London & Co. and Love's legal team told a judge in Los Angeles last week, August 11 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.
Courtney Love herself is a singer. Earlier this year, she released an album titled "Nobody's Daughter" which she recorded with her band Hole.