Company claim Love didn't hand over fair share of sale profits
The company claimed that Love, the widow of Nirvana frontman Kurt Cobain, did not give over money owed after the publishing rights to the band’s music were sold two years ago.
Around $20 million (£12.9 million) was raised in the sale.
Now the organisation have confirmed that a settlement between the two parties has been reached, reports the Associated Press. The details of the settlement were agreed in Los Angeles but have not been made public. Love‘s lawyer James Janowitz also confirmed that a settlement has been reached.
The singer inherited many of the rights to Nirvana‘s songs after Cobain died in 1994.