Love is the widow of former Nirvana singer Kurt Cobain. London & Co. sued Love two years ago, claiming she failed to share the earnings of a deal in which sold a portion of Nirvana's catalog for nearly $20 million.
Court records show attorneys for London & Co. and Love told a judge last Wednesday that they had settled and the case was dismissed.
The Hole frontwoman has controlled many of the rights to Cobain and Nirvana's work since his suicide in Seattle in 1994.
Love's attorney, James Janowitz, confirmed the settlement but said he could not provide any further details.