Jay-Z, Ortiz Strike Deal Over 40/40 Club

Law360, New York (March 30, 2011, 7:59 PM EDT) -- Rapper Jay-Z has reached a settlement with Boston Red Sox slugger David Ortiz over claims that the ballplayer ripped off the name of The 40/40 Club, the rapper's popular New York nightspot, an attorney for the defendant said Monday.

Judge Richard M. Berman of the U.S. District Court for the Southern District of New York canceled a scheduled settlement conference in the trademark lawsuit on Tuesday after Ortiz's lawyer, Philip Touitou of Hinshaw & Culbertson LLP, told the court in a letter Monday that the parties...
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