The property mogul's former partner took legal action against bosses at IVANAhelsinki over the company's branding, claiming founder Paola Suhonen had no right to use the name Ivana.
Both sides have now avoided an expensive and lengthy legal battle by settling the matter out of court, with Suhonen agreeing to change the spelling of the firm's name for the American market.
She says, ""Ms. Trump will continue her business ventures with the name Ivana Trump, and we will continue with our name IVANAhelsinki, but we will spell it a little differently... Going into litigation in the U.S. is very expensive. The best solution was that we could settle it out of court.""