Marilyn Monroe Estate To Snag Image Rights For $3M

Law360, New York (January 25, 2012, 7:11 PM EST) -- The family archive of the famed, late photographer Sam Shaw on Friday settled an eight-year legal dispute over photos he took of Marilyn Monroe, requesting a New York bankruptcy court approve a $3 million deal giving her estate commercial rights over the photos.

Shaw Family Archives Ltd. stated in its motion that approval of the settlement is "critical to the debtor's effective reorganization" and amounts to more income than the archive has earned in the past three years. The archive filed for Chapter 11 protection in...
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