BEYONCE KNOWLES LAWSUIT DROPPED !

Beyonce Knowles has won a legal battle against a former business associate, after his $1.5 million lawsuit accusing the singer of short changing him was thrown out of court. Greg Walker of Icon Entertainment was suing the "Irreplaceable" star for reportedly cutting him out of a $15 million fashion deal he had arranged with Knowles and her mother, Tina, in 2003. Walker claimed Knowles failed to pay him the $25,000 for his services, which led to the creation of the singer's clothing line, House of Dereon, in 2004, reports the New York Daily News. But Manhattan Supreme Court Justice Herman Kahn ruled that Walker never had a signed contract with Knowles, and therefore lacked a valid argument.

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