Lawyers on both sides of the CBS Radio/Howard Stern breach of contract lawsuit have indicated that they are close to a settlement.

CBS lawyer Irvin Nathan told Judicial Hearing Officer Ira Gammerman, "We have an agreement, but there are details that have to be worked out," addeing that they were "very close" to a settlement.

Stern's lawyer, Peter Parcher, confirmed Nathan's report but refused to elaborate.

If they do not come to an agreement, both will return to the courtroom next week.

[Billboard]