The Aerosmith saga just took another turn, but this one might be for the better. It was revealed at the beginning of this week that Steven Tyler‘s attorney, Skip Miller, sent a cease and desist letter to Aerosmith’s management. The letter referred to the band’s efforts in replacing Tyler with a new singer as detrimental to the brand of Aerosmith, and called on the rest of the band to “immediately cease and desist from engaging in acts and conduct to the harm and detriment of your own client, Aerosmith, and our client who is one of its members.”

Miller also called a meeting of Aerosmith’s “shareholders” on February 9 to discuss the future of the band, including tours of Europe and South America, and the recording of a new studio album. Today, Pollstar obtained new information that suggests a lawsuit is not in store after all. The statement from Tyler reads, “With the help of my family and team of medical professionals, I’m taking responsibility for management of pain and am eager to be back on the stage and in the recording studio with my band mates Joe Perry, Joey Kramer, Tom Hamilton and Brad Whitford.”

The singer continues: “I wish to set the record straight and say that I have read reports of a rumored two-year hiatus and want to be clear that this is completely false. I will enthusiastically be writing, recording and performing with Aerosmith as soon as things are handled.”

Aerosmith, meanwhile, has been busy sending offers for the lead singer spot to a long list of talent including Paul Rodgers, Billy Idol, and Chris Cornell. But it’s a two way street; we also learned this week that Steven Tyler auditioned for Led Zeppelin. More is sure to come in this ongoing dispute involving one of the world’s favorite rock bands.