Artist Drops 'Kung Fu Panda' Suit After 'Lion King' Find

Law360, New York (August 5, 2013, 9:54 PM EDT) -- An artist accusing DreamWorks of ripping off his work in the animated film "Kung Fu Panda" is dropping his claims after defense lawyers discovered evidence of a 1996 "The Lion King" coloring book they say he used as inspiration, according to a source familiar with the case.

In a stipulation filed July 30 in California federal court, artist Jayme Gordon, DreamWorks Animation SKG Inc., DreamWorks Animation LLC and Paramount Pictures Corp. said Gordon had agreed to dismiss the case after the attorneys for both parties met to discuss the evidence. The parties have not entered into any settlement agreement, according to...

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