The long-standing between Kanye West and EMI Music Publishing seems to be finally approaching a resolution.
On January 13, representatives of EMI an order with the U.S. District Court for the Southern District of New York indicating that the two parties had come to a tentative resolution to their dispute. They have further stipulated that they would like the case dismissed “with prejudice and without costs (including attorneys’ fees) to either party” if neither party objects to this by February 14 of this year.
United States District Judge Valerie Caproni subsequently signed off on the order.
This means that it is still possible that EMI and West could fail to reach a final settlement, much as what happened . But this seems unlikely at this point.
Prior to filing the preliminary order to dismiss, EMI a few weeks earlier a motion to extend the deadline for coming to a settlement in the matter by 45 days.
The lawsuit relates to a publishing deal that West signed with EMI in 2003, which the two parties extended multiple times. Eventually, West felt that the contract had conditions that were far too stringent. So, he tried to get out of it by using a California law that has long allowed artists to break long-term personal service contracts.
The only problem was that the contract specifically listed New York as the jurisdiction for settling any disputes that may arise. So, EMI sued West because of this, hoping that the courts would recognize this fact and disallow West from using the California loophole.
The two parties appeared to come to an agreement this past September. But they could not finalize it. So, in December, EMI asked the court to reopen the case.
We will now have to wait until Valentine’s Day before knowing whether the case has actually been settled for good.