26/02/2010

Prince & MCD Settle Case

MCD and pop singer Prince, who were engaged in a legal battle over a cancelled show in 2008, have settled at the Commercial Court.

MCD was suing the singer and his agents William Morris Endeavor Entertainment for €1.7m over the cancellation of a highly hyped concert at Croke Park in 2008.

The details of the settlement have not been disclosed but afterwards Denis Desmond of MCD said he was relieved it was over and that MCD was not out of pocket.

The Commercial Court heard that during a meeting on June 3rd 2008, Prince had said of MCD's Denis Desmond, "Tell the cat to chill, we'll figure it out" after cancelling.

At the High Court this morning, MCD counsel Michael Collins said the case had been settled, and asked that it be put in for mention in a month’s time to allow for the completion of the settlement.

No details of the settlement were announced in court.

MCD promoter Denis Desmond said he was "delighted" with the outcome, but sad for the 55,000 fans who had bought tickets for the event. He said MCD would not be out of pocket as a result of the action.

Mr Desmond said he looked forward to doing business with Prince in the future.

(DW/GK)


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