A libel case brought by Lord Ballyedmond and his son has resulted in a settlement worth £12,500, it has been revealed.
According to reports in the News & Star, the lord, who owns Corby Castle in Cumbria - which is located around six miles from Carlisle - took legal action against farmer and landowner James Carr.
The case centred on comments made by Mr Carr in his capacity as secretary of the Eden Owners' Association.
Lord Ballyedmond alleged that remarks made by him in an agenda for the association's annual general meeting last year were defamatory and caused "embarrassment and distress".
In a recent development, the matter was settled out of court and the money secured by the lord and his son is to be donated to a charitable trust.
Mr Carr stated: "Based on advice I received on the folly of incurring substantial costs defending myself, which I would never fully recover even if successful, I decided to make an offer to settle this dispute which was accepted."