COURTNEY LOVE Settles Final NIRVANA Lawsuit
September 20, 2007The Pulse of Radio (formerly Launch Radio Networks) reports: Courtney Love settled a lawsuit brought against her by the attorneys who represented her in her own legal battle with the surviving members of NIRVANA, according to Seattle Weekly. Katherine Hendricks and O. Yale Lewis claimed that Love owed them more than $340,000, plus interest, for their work on a 2002 suit that Love filed against NIRVANA bassist Krist Novoselic and drummer Dave Grohl. Love, who controlled the share of NIRVANA's business that had belonged to her late husband, NIRVANA frontman Kurt Cobain, allegedly did not fully pay her lawyers even though she eventually earned at least $9 million as a result of that suit.
Love settled with Hendricks and Lewis for an undisclosed sum. The settlement was effective as of Monday (September 17). The case was scheduled to go to trial on Wednesday (September 19).
According to court records, Love had paid the Seattle-based attorneys more than one million dollars in the NIRVANA suit, but still owed them $341,000 plus as much as $200,000 in interest.
Love sued Grohl, Novoselic and Universal Music over the release plans for a previously unavailable NIRVANA track called "You Know You're Right", as well as overall control of the band's catalog.
The NIRVANA settlement yielded a box set and greatest hits package, while Love earned $4 million from the deal and another $5 million in publishing royalties.
Nevertheless, she sold a 25 percent stake in her portion of the NIRVANA catalog in 2006 for a rumored $50 million, following several years in which she was tangled in other financial problems, drug arrests and rehab stints.
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