Guns N’ Roses has reached a deal to drop the lawsuit they brought against a company allegedly hawking beer and merchandise using the band name.
According to court documents obtained by The Blast, Guns N’ Roses – including Axl Rose and Slash – have reached a settlement agreement with Canarchy Craft Brewery Collective.
The band informed the court, “Plaintiff and Defendant CANarchy Craft Brewery Collective LLC have been engaged in settlement discussions since the filing of the Complaint on May 9, 2019. On July 31, 2019, Plaintiff and Defendant reached an agreement in principle that resolves all claims asserted in, and will result in dismissal of, the Complaint. The parties are in the process of finalizing a written settlement agreement and expect to execute a written agreement that will lead to dismissal of the Complaint in the near term.”
Guns N’ Roses is asking the judge to allow them more time to finalize the deal and they will then dismiss their lawsuit.
Earlier this year, Axl Rose, Slash and Duff McKagan came together to sue Canarchy Craft Brewery Collective over a beer they've been selling called Guns 'N' Rose.
In addition, the band claimed the company has been selling hats, t-shirts, pint glasses, stickers, buttons, and bandannas with the name on them.
GNR claimed Canarchy tried to trademark the name but after the band objected, they agreed to abandon the application.
Axl and the boys claim they reached out several times to tell them to stop selling all the goods completely and claim Canarchy agreed to stop ... but not until March 2020.
That didn't fly with GNR but they claimed Canarchy “refused to immediately and completely cease sales and marketing" the beer and all the goods.
Guns N' Roses sued for trademark infringement and sought unspecified damages.