Princess Diana charity settles souvenir-related suit with Franklin Mint

[JURIST] The Diana, Princess of Wales Memorial Fund and the Pennsylvania-based souvenir firm the Franklin Mint settled a $25 million malicious prosecution suit out of court Wednesday. The Mint had sued the Diana Fund for $25 million in November 2002 claiming that the Fund had tried to stop it from producing souvenirs memorializing Diana after her death in a Paris car-crash. While the details of the settlement will not be released, the Diana Fund and the Franklin Mint issued a joint statement [DOC] stating that their goals are to apply the resources that would have been used in the lawsuit to charitable causes. The Diana Fund had frozen its charitable donations pending the outcome of the lawsuit. The Diana Fund has issued a press release of its own available here. BBC News has more.

 

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