Prince settles lawsuit over cancelled music concert

American singer Prince has settled a lawsuit over a cancelled concert in Ireland.

Prince, 51, was hit with a 1.5 million pound suit after he reportedly pulled out of a show at Dublin's Croke Park in June 2008 just 10 days before the event, reports The Daily Express.

Bosses at promotions company MCD were seeking compensation for financial loss and damage to commercial reputation from Prince, as well as his agents at the California-based William Morris Endeavour Entertainment.

The case went before a judge at Dublin's Commercial Court on February 23, and the star's representatives agreed to settle the case out of court on February 26.

The judge overseeing the case, justice Peter Kelly, asked the star's attorney, Paul Sreenan, if the settlement had been "confirmed" and if so, did the word confirmed "in Prince speak mean the same as it means in English?" referring to an email sent by the singer's assistant which confirmed the Dublin show would go ahead.

According to the Irish Times, MCD promoter Denis Desmond said he was "delighted" with the result.