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Kasowitz Benson Torres, a legal team that recently won a lawsuit for MLW against WWE, is celebrating their victory. The team is thrilled to announce that they have secured a settlement in the case, after WWE’s unsuccessful attempt to dismiss it. The team is pleased with the outcome and the settlement amount they received. Let’s delve into the details of this exciting news!
In a recent press release, Kasowitz Benson Torres shared the news of their successful settlement on behalf of MLW Media against World Wrestling Entertainment in an antitrust suit. The lawsuit involved claims of WWE monopolizing and attempting to monopolize the market for the sale or licensing of media rights for professional wrestling programming in the United States.
The settlement was reached on December 22, 2023, when MLW filed a stipulation and proposed order of dismissal of the lawsuit with the U.S. District Court, Northern District of California. The parties entered into a settlement agreement, bringing an end to the legal battle.
Prior to reaching the settlement, MLW had to navigate through the legal process, including defeating WWE’s motion to dismiss the case. Additionally, they were successful in striking numerous affirmative defenses in WWE’s answer to the amended complaint. Despite these challenges, the parties were able to come to a resolution on terms that were mutually acceptable.
The legal team at Kasowitz Benson Torres, led by partners Marc E. Kasowitz, Christine A. Montenegro, and Nicholas A. Rendino, played a crucial role in representing MLW throughout the case. Their expertise and dedication were instrumental in achieving this favorable outcome for their client.