Courtney Love settles her lawsuits. The deal extricates her from her Universal Music contract and clears a path for new Nirvana releases, including ''You Know You're Right''

What will Courtney Love have to complain about now? She and Universal Music Group confirmed Monday the remarks she made nearly two weeks ago, announcing that all her legal disputes have been settled. In a joint statement, the two parties acknowledged a settlement that both extricates Love from her former band Hole’s contract with the label and clears the path for new releases from her late husband’s band, Nirvana. The first of those will be a single-disc retrospective that includes ”You Know You’re Right,” the previously unreleased track that was leaked to the Internet and radio stations last week.

While financial terms of the settlement weren’t released, the statement said that ownership of unreleased Hole recordings will revert to Love, and that she’ll also have the right to re-record some previously released Hole tunes. She’ll still maintain some ties to UMG, however, which retains partial rights to a long-form Hole video that Love may release, as well as some royalty rights on future Love recordings. Otherwise, she’s free to release her new music on another label and, in fact, plans to do so in early 2003. She’ll release a single in January on the British label Poptones, the statement said. She’s also working on a full album with 4 Non Blondes singer-turned-Pink producer Linda Perry.

As for future releases from the vaults of Kurt Cobain and Nirvana, the statement said that Love and her late husband’s bandmates have patched things up enough to agree to let UMG release a compilation this winter that includes ”You Know You’re Right,” the contested song whose scheduled release on a retrospective initially planned for 2001 started the bitter dispute between Love and surviving Nirvana members Krist Novoselic and Dave Grohl. UMG said it also plans to release a Nirvana boxed set and a rarities collection.

”I’m excited to be releasing music again, and rock music is starting to become very fun,” said Love, who had touted her contract dispute with UMG as a precedent-setting fight on behalf of all the musicians with record deals who are lobbying legislators to change entertainment contract laws that the artists see as unfairly weighted in the labels’ favor. She added, ”I plan to continue my advocacy of artists in Sacramento and Washington, where this belongs. I look forward to joining my fellow recording artists as we look for solutions to the problems we face in the music business. We must all work together through lobbying and collective bargaining to create the opportunities that have been lacking in our careers.”

The announcement did not contain comments by Novoselic or Grohl, but it did express relief on UMG’s part. Said UMG president and COO Zach Horowitz, ”We’re glad that we have resolved this amicably and wish Courtney well in all of her future endeavors.”