CM Punk and Colt Cabana have reached a settlement in their lawsuits against each other.
Cabana’s lawsuit against Punk and Punk’s resultant countersuit were dismissed by stipulation or agreement, according to court documents. David Bixenspan of Forbes was the first to report the news.
This was initiated by Punk and came one day after Punk’s lawyers had filed a stipulation to dismiss the case. Fast forward to Sunday when Cabana’s lawyer, Carey Stein, confirmed that the lawsuits had been settled.
The filing was signed by Circuit Court Judge Daniel J. Kubiask. Pwinsider.com reports that there was no financial settlement involved. According to the report, it was based on mutual releases of both sides.
Now, with this settlement, both men can’t file another lawsuit against each other over this matter.
These lawsuits all started over a lawsuit pitted Punk and Cabana against WWE doctor Chris Amann due to Punk’s comments on Cabana’s “Art of Wrestling” podcast from November of 2014.
Cabana sued Punk for breach of contract and fraud as it was alleged that Punk made a promise to help him with his legal bills during the lawsuit against the WWE doctor. Cabana claimed that Punk had not kept his promise of covering his legal bills and was seeking $200,000 for his personal legal costs and additional damages.
Punk was seeking $600,000 for general damages as well as interest and legal fees from Cabana. At the time, Punk claimed that he spent $1.2 million in legal fees between himself and Cabana in the Amann lawsuit.
Things got interesting once Punk took to his Twitter account where he commented on the situation.