Michael Jackson and an Arab sheikh suing him at the High Court in London for €7m (€5.5m) million parted “amicably” today after agreeing a settlement to their dispute.

Michael Jackson’s planned appearance at the High Court in London today was cancelled after he reached an out-of-court settlement last night with an Arab sheikh who was suing him for €7m (€5.5m).

An Arab sheikh who spent a fortune on a project he thought would revive Michael Jackson’s career felt “a strong sense of personal betrayal” when the pop superstar walked out on the deal, a London court heard today.