UPDATE: Lil Wayne's attorney Ron Sweeney of Sweeney, Johnson & Sweeney LLC has confirmed the rapper reached a settlement with Cash Money Records, issuing the following statement: "Per our settlement agreement, the matter has been amicably resolved to the satisfaction of all parties. In terms of the particulars, we’re prohibited legally from saying anything further. I can say that my client is happy. He is his own man, a man that owns his assets, his music and himself. At some point, Wayne will let his fans know what’s going to happen next."
Lil Wayne has reportedly scored a big win in his ongoing legal battle with Cash Money Records on Wednesday (June 6), which means his long-delayed album Tha Carter V could arrive sooner than we think.
Court documents filed by Wayne's attorney Howard King (obtained by The Blast) claim that all sides in the lawsuit were willing to move forward and dismiss the suit. Sources also claim that Wayne walked away with a settlement of "well over $10 million."