"Rings" Lawsuit Clears Way For "Hobbit"

By Garth Franklin Wednesday September 9th 2009 12:10AM

The Tolkien Trust, New Line Cinema and HarperCollins Publishers Ltd. have resolved the lawsuit regarding "The Lord of the Rings" films that was filed in February last year.

The suit by the Trust and HarperCollins concerned plaintiffs' participation interest in the The Lord of the Rings films released between 2001 and 2003.

The parties have agreed to a settlement, though details are remaining confidential. With its resolution, New Line can now proceed unhindered with its proposed film adaptations of "The Hobbit".