Fonterra will be spared having its multimillion-dollar fight with French food giant Danone spilling back into the public arena this year.
The dairy co-op will also likely avoid having to make any payout during the year to the Paris-based company, which wants damages expected to exceed 630 million euro ($980 million) in the wake of Fonterra's 2013 botulism scare.
The High Court battle between Fonterra and Danone, which alleged the New Zealand company breached the Fair Trading Act and made negligent misstatements, was one of 2014's most hotly anticipated corporate scraps after it was launched last January.
However, by November the fight had all but simmered down.
That was when the Court of Appeal denied Danone's bid to keep the dispute live in this country while both parties headed to arbitration in Singapore.