At last, the ongoing contract dispute between Warner Brothers and Charlie Sheen has been settled. Monday evening, August 26, both sides agreed to a settlement of the lawsuit concerning the contractual differences between Sheen and Warner Brothers. The suit concerning the contract dispute was filed by Sheen after he was fired from the Warner Brothers Studio show “Two and a Half Men.”

According to a statement released following the settlement of the contract dispute by Warner Brothers, the terms of the agreement were to all parties’ “mutual satisfaction.” Sheen had also sued the show’s executive producer Chuck Lorre and the agreement also settled that action.

The suit, filed by Sheen, sought $100 million dollars and claimed that Sheen was “unjustly fired.” He was seeking payment for the 8 shows that were not completed for the series last season and sought a continued financial stake in future shows even though he would not be appearing in them.

The show is continuing this season with Ashton Kutcher replacing Sheen. The season premiere had the largest audience the show ever recorded and will likely continue.

Although details of the contractual obligations dispute settlement were confidential, Warner Brothers had issued statements before the settlement that it was not likely for Sheen to be paid for shows he did not appear in. They also indicated that he would only participate in syndication fees for those shows that he appeared in.

San Diego contract law attorneys noted from news reports on the settlement that Sheen’s suit was faced with difficulties from the beginning as the contract he signed with Warner Brothers contained an arbitration clause.

Source: NYT Media Decoder “Sheen Settles ‘Two and a Half Men’ Suit” Sept. 26, 2011