McDonald's ends 'McFight' with collegiate charity concert promoter

After months of legal wrangling and thousands of McDonald's customers threatening to boycott in her honor, college-age charity concert promoter Lauren McClusky has reached a settlement with the fast food giant, agreeing to trade in the name of her charity show, "McFest," for $40,000.

WalletPop first reported about McClusky's legal adventures with McDonald's trademark lawyers earlier this year. The saga began in January 2009, according to McClusky (pictured), but no other news outlet had picked up on it by the time we ran our story. On Monday morning, WalletPop was first to learn that McClusky has settled with the fast food chain and her show -- now renamed "Nelarusky" (a moniker she devised by scrambling the letters of her first and last name) -- will go on in cooperation with the Lollapalooza festival. Not only that but McDonald's has agreed to act as the main sponsor for this and next year's charity shows.