Tom Cruise

Adam Pretty/Getty Images for Paramaount Pictures

Tom Cruise has every reason to raise a cocktail right about now.

The Hollywood top gun and his attorney, Bert Fields, had a lawsuit filed against them dismissed in a Los Angeles courtroom on Monday.

The decision made by Judge Elihu Berle pertained to a suit filed back in 2009 by former Bold magazine editor Michael Davis Sapir, who claimed that he was spied on by Cruise and Fields with the help of Anthony Pellicano, years before the celebrity detective was convicted of racketeering and wiretapping.

However, Berle ruled that the statute of limitations had expired on Sapir's accusations, according to The Hollywood Reporter. In other words, he should not have waited until 2009 to file his lawsuit.

As for why Sapir believed he had been wiretapped? His ultimately discredited claim that he had a tape of Cruise engaged in a homosexual relationship.

As a result, Sapir was tagged in a $100 million defamation suit in June 2001 by Cruise over the alleged video, which Sapir says Bold got ahold of after publishing a $500,000 reward offer for "videotape evidence that Cruise was gay."

The case was settled that November for an undisclosed amount, with both parties stating that Cruise was not on any tape in Bold's possession.

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