Snoop Dogg's legal battle with drinks company ends
The rapper filed a complaint last year (15) claiming executives at the Pabst Brewing Company breached the terms of a 2011 endorsement deal.
Snoop Dogg's lawsuit with a drinks company over an endorsement deal has been settled.
The Drop It Like It's Hot rapper, 44, filed a complaint in the Los Angeles Superior Court in June last year (15) claiming executives at the Pabst Brewing Company breached the terms of a 2011 deal which saw him become the face of Blast by Colt 45 alcoholic energy drink.
The company was sold in 2014, and Snoop, real name Calvin Broadus, Jr., claims his endorsement agreement entitled him to 10 percent of the value of the sale, meaning he is owed $70 million (£53.5 million).
Lawyers for Pabst argue the $700 million (£535 million) sale merely transferred control of the brand, not ownership of the company.
And now, three weeks before the trial was set to start, both parties have reached an agreement, according to The Hollywood Reporter.
Snoop's attorney Alex Weingarten sent the publication a brief statement on Friday (07Oct16), that said, "We are pleased that the parties were able to reach agreement and resolve this matter amicably."
The exact details of the deal have not been released and Richard Kendall, lawyer for the popular brewing company, has not yet commented on the settlement.
The settlement comes weeks after a California judge declined lawyers for Pabst's request for a summary judgement, which halts legal proceedings when the outcome of a case is ruled not to be in doubt.
Judge Malcolm H. Mackey ruled in August (16) the conflicting allegations presented by both parties prevented him from accepting the summary judgement application.
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