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The following press release was issued today:
Kasowitz Secures Settlement on Behalf of MLW Media Against World Wrestling Entertainment in Antitrust Suit
New York, NY, December 22, 2023 — Kasowitz Benson Torres, on behalf of professional wrestling promotion company MLW Media (MLW), has reached a settlement with World Wrestling Entertainment (WWE) over MLW’s antitrust and state law claims against WWE for monopolizing and attempting to monopolize the market for the sale or licensing of media rights for professional wrestling programming in the United States. On December 22, 2023, MLW filed a stipulation and proposed order of dismissal of its lawsuit against WWE with the U.S. District Court, Northern District of California, notifying the court that the parties have entered into a settlement agreement.
The settlement follows MLW’s successful defeat of WWE’s motion to dismiss, as well as its successful motion to strike numerous affirmative defenses in WWE’s answer to the amended complaint. The parties agreed to resolve the matter on mutually acceptable terms.
The Kasowitz Benson Torres team representing MLW is led by partners Marc E. Kasowitz and Christine A. Montenegro and includes partner Nicholas A. Rendino.
About Kasowitz Benson Torres:
Kasowitz Benson Torres LLP is a leading national law firm with a core focus on commercial litigation, complemented by exceptionally strong bankruptcy/restructuring, employment, and real estate transactional practices. Kasowitz is known for its creative, aggressive litigators and willingness to take on tough cases. The firm has extensive trial experience and is always trial-ready, representing both plaintiffs and defendants in every area of litigation. Kasowitz is committed to pursuing aggressive and innovative approaches to its clients’ most challenging legal matters. Headquartered in New York City, the firm also has offices in Atlanta, Denver, Houston, Los Angeles, Miami, Newark, San Francisco, Silicon Valley and Washington, DC. For more information, please visit www.kasowitz.com.
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WWE filed the proposed dismissal order on 12/22. The presiding Judge has yet to sign off on the dismissal, but given that the two sides have come to an agreement and that the case would be dismissed with prejudice, meaning it cannot be brought back before the court again, it's just a matter of time before he does.
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