"Per our settlement agreement, the matter has been amicably resolved to the satisfaction of all parties. In terms of the particulars, we’re prohibited legally from saying anything further. I can say that my client is happy. He is his own man, a man that owns his assets, his music and himself. At some point, Wayne will let his fans know what’s going to happen next."
Court documents filed by Wayne's attorney Howard King (obtained by The Blast) claim that all sides in the lawsuit were willing to move forward and dismiss the suit. Sources also claim that Wayne walked away with a settlement of "well over $10 million."
Source: Billboard Music