TNA Wrestling issued the following statement to PWInsider in regards to the company’s lawsuit with former star Konnan:

As has been reported in the press, TNA Entertainment, LLC filed a lawsuit against Charles “Konnan” Ashenoff regarding various disputes, and Ashenoff filed a counterclaim asserting various claims against TNA.

This release serves to notify the public that TNA and Ashenoff have agreed to dismiss their respective claims against each other. Richard Krumholz, TNA’s attorney in the case and a Partner at Fulbright & Jaworski, indicated that “after depositions of Mr. Ashenoff and Dixie Carter, both sides determined it was best to put this case behind them.”

Cary Ichter, Ashenoff’s counsel, confirmed that “the parties have agreed to drop their suits.”

Ms. Carter, the President of TNA, added that ‘TNA is happy to resolve these long standing disputes with Ashenoff. We all wish him the very best.”