taylorsuitsettled.jpg Taylor Lautner reached a settlement with a California-based RV company yesterday, and the Twilight star intends to donate the $40,000 he was awarded to charity.

Lautner purchased a trailer from McMahon's RV to use while filming Abduction, but the trailer was not delivered by the requested date of June 21, so Lautner sued the company for breach of contract and fraud.

Lautner's attorney Robert Barta released the following statement:

    "McMahon's RV has agreed to settle its dispute with Taylor Lautner. McMahon's RV will pay $40,000 to Lautner, which Lautner will donate to The Lollipop Theater Network, a children's charity with which he has a long-standing relationship. The Lollipop Theater Network is a non-profit organization dedicated to bringing movies currently in theaters to children confined to hospitals due to chronic or life-threatening illnesses. The Lollipop Theater Network works with hospitals nationwide, including the greater Los Angeles and Orange County areas."