Manatt, Franklin Mint Settle Princess Di Suit For $25M

Law360, New York (January 21, 2011, 4:47 PM EST) -- Manatt Phelps & Phillips LLP on Friday reached a $25 million settlement in a long-running malicious prosecution lawsuit against the former owners of the Franklin Mint Co. on behalf of the estate of Princess Diana.

The settlement — in which Manatt will pay the Franklin Mint's former owners the $25 million that both parties agreed upon back in 2004 — ends the contentious case, which began when a memorial fund for the princess sued the Franklin Mint in an attempt to bar it from selling memorabilia...
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