The U.S. District Court in L.A. turned down GUNS N' ROSES' petition today seeking a temporary restraining order and preliminary injunction against Geffen Records seeking to prevent the label from releasing a greatest hits record from the band, according to Hits Daily Double. The suit claimed that GNR hasn't "been given the opportunity to approve the choice of songs, the artwork, the release date or the re-mastering done on the tracks included on this compilation." Today's decision clears the way for the album to come out as scheduled on March 23. A press statement from the band stated that the greatest hits set would "hinder the release of the band’s long-awaited new studio album 'Chinese Democracy'." Sources say that the label has advanced Axl Rose $10 million over the past six years for production of the album, which was slated to come out last year in the fourth quarter, but remains unreleased.