Courtney Love to release new album Hole

Courtney Love has given up on her solo career plans, and will release her new album under the name Hole.

It is after seeing numerous delays and false starts to her solo album Nobody’s Daughter that Love has taken this decision.

She has confirmed that her former bass player Melissa auf der Mar has added backing vocals to the record.

She hopes to become a permanent member of the revamped act.

It is also believed that the band have even roped in guitarist Micko Larkin.

The new Hole album is expected to be released by the end of 2009.

Courtney Love sued by American Express

Courtney Love has been sued by credit card company American Express for the recovery of a whopping 350,000-dollar unpaid charges.

Filing its papers in the US District Court, American Express demanded that the rocker pay off the staggering debt on her Gold card.

Court documents reveal that the company has suspended Love’s plastic privileges after she "failed and refused" to clear the balance.

Love has already been in the news these days because of her struggle with her finances in recent years.

She even hired a team of private investigators in April to reclaim the millions of dollars she alleged were stolen from her late husband Kurt Cobain’s estate.

Last year, an accounting firm called London & Co had filed a suit against Love, claiming that she had failed to pay them profits from the sale of Cobain’s share of the Nirvana publishing catalogue.

Courtney Love to launch lingerie store

Rock star Courtney Love is all set to launch her own lingerie store in Hollywood. The singer has teamed up with legendary photographer David LaChapelle, who will provide financial backing.

The pair has already found a location for the shop on Los Angeles’ Sunset Boulevard. The lingerie store will be launched in the summer.