The Indian businessman Lalit Modi has dropped a civil claim against the former New Zealand cricketer Chris Cairns.
Chris Cairns arrives at Southwark court on Friday the 30th of November 2015 Photo: PHOTOSPORT
Modi, the former head of the Indian Premier League, filed civil proceedings when Cairns was first charged with perjury in November 2014.
He was seeking to regain costs from a libel suit he lost in 2012 when Cairns successfully argued Modi had defamed him by alleging he was involved in match-fixing.
After Cairns was acquitted of the perjury charge late last year, Modi said he was considering his options.
However, his lawyer, Rajesh Vyakarnam, said his client has decided to put the matter behind him and the civil claim has now been dropped.
"Lalit has taken the decision to discontinue the Court proceedings and put the matter behind him."
