Courtney Love resolves jewelry case
© WENN 2013
The Hole frontwoman was sued by jeweller-to-the-stars Jacob Arabo in 2010 over claims his firm Jacob & Company loaned her $100,000 worth of gems, which were never handed back.
Love maintained she returned the items but they were lost in the delivery process, and in 2011, a judge ruled the singer was responsible for the pieces, which included two diamond chains, a bracelet and a pair of earrings.
Arabo demanded the rocker pay $113,000 plus interest, but the judge sided with Love when she argued the amount was inflated.
An attorney for Arabo has confirmed both parties have now reached an out-of-court settlement, but refused to disclose further details.
Love's publicist, Steven Honig, tells the New York Post, "The case settled confidentially and we can't comment on it."
Copyright (c) WENN 2013, All Rights Reserved.
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