Los Angeles Lawyers To Pay $25 Million In Princess Di Dispute

LOS ANGELES (AP) -- The former owners of the Franklin Mint say a Los Angeles law firm has agreed to pay them $25 million to settle a malicious prosecution lawsuit stemming from a battle over the marketing of Princess Diana memorabilia.

   Rob Six, a spokesman for former mint owners Stewart and Lynda Resnick, said Friday the couple plans to donate the money to charity.

   Manatt, Phelps & Phillips sued on behalf of The Diana Princess of Wales Memorial Fund in 1998. The suit accused the Franklin Mint of false advertising and cheapening the princess' memory. It was dismissed and the Resnicks countersued.

   The memorial fund settled in 2004 for $25 million.

   Manatt, Phelps & Phillips did not return a call Friday.

   (Copyright 2011 by The Associated Press.  All Rights Reserved.)