Katy Perry — Rinses Away Hair Lawsuit

Exclusive 0415_katy_perry_glamour2Katy Perry has finally untangled herself from a British hair care company … as the two sides settled a lawsuit over an oral agreement gone wrong.

As our sources previously reported, Perry claimed a company called ghd (stands for “good hair day”) owed her $2 million based on a verbal agreement she had to extend her deal. But ghd claimed they had no such agreement and didn”t owe her squat … because they wanted to cut ties with Katy when the deal expired.

The folks behind ghd struck first, filing a lawsuit against Perry to block her from suing them for the $2 mil.

Last month, the two sides agree to drop the case completely with both sides giving up the right to re-file.

No word on if Katy got any of the $2 mil she was seeking.