UPDATE: Fox Settles Madoff Yacht Footage Copyright Infringement Suit

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The parties in Kenneth Stadt v. Fox News Network LLC (Case No. 1:09-cv-07910) have filed a stipulation of dismissal with the U.S. District Court for the  Southern District of New York. Terms of the settlement were not disclosed.

The lawsuit against Fox News, which included counts alleging copyright infringement, conversion and breach of contract, was brought by Stadt, who provided footage of convicted financial scam artist Bernie Madoff and the Mrs. frolicking on a friend's yacht. [See "TUOL" posts 6/28/10, 9/17/09.]