A billion-dollar lawsuit against Tom Cruise and Paramount Pictures has been dropped.

Cruise and the Hollywood studio were being sued by screenwriter Timothy Patrick McLanahan, who claimed he came up with the original screenplay behind the 2011 movie Mission Impossible: Ghost Protocol with his 1998 script entitled Head On.

Court documents showed that the suit had been dropped because the court had previously given an order to McLanahan to show cause as to why the case should go forward - but he failed to do so in time.

According to Digital Spy, the document reads: “It is ordered and adjudged that the above-entitled case is dismissed, without prejudice, for lack of prosecution and for failure to comply with the orders of the Court.”

The writer was originally seeking a seven-figure damages’ payout for a project which was rejected but then allegedly "shopped" around the world, which eventually led to Ghost Protocol.