SEATTLE - The Salvation Army and Greenpeace have reportedly reached a settlement in a dispute over the estate of a Seattle man who left his fortune to charity.
The accord averts what could have become a months-long legal battle between two of the nation's most high-profile humanitarian organizations, The Los Angeles Times reports.
Greenpeace and the Salvation Army were among eight charities named to share equally in the $264 million estate left by Hector Guy Di Stefano who died last summer at the age of 90.
The Salvation Army sued to prevent Greenpeace from getting its $33 million share on grounds the organization Di Stefano named in his will no longer existed.
One year before Di Stefano died Greenpeace International dissolved and was absorbed by the related Greenpeace Fund.
The Salvation Army wanted the Greenpeace share to be divided among the remaining recipients.
Neither party will comment on the settlement that reduced the Greenpeace share from $33 million to $27 million.
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