Cohen, who is trying to regain possession of documents Federal Bureau of Investigation agents took last week-reportedly related to payments to women who allegedly had affairs with Trump-on Wednesday night dropped libel lawsuits against BuzzFeed and the political research firm Fusion GPS for publishing the dossier that links Trump to Russian Federation.
"The decision to voluntarily discontinue these cases was a hard one", Schwartz told the news outlet.
"We believe the defendants defamed my client, and vindicating Mr. Cohen's rights was - and still remains - important", he said.
The dossier claimed that Cohen met with Russian operatives in Prague for a meeting to "clean up the mess" over disclosures of other Trump associates' reported ties to Russia. She claims the payment was in return for keeping quiet about an alleged affair with Trump.
He unequivocally denied ever visiting the Czech capital but new reports say special counsel Robert Mueller has evidence suggesting he did.
The salacious document, which BuzzFeed published on January 10, 2017, makes a series of allegations about Trump and members of his campaign. He provided a copy of his passport to BuzzFeed to show he did not enter the country, but McClatchy reported he could have entered the country when he was traveling to Europe and entered through a country that did not require a passport.More news: Inspectors yet to enter Douma, US says
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On a recent press gaggle aboard Air Force One, Trump told reporters that he doesn't know where Cohen got the money or why he was moved to pay-off Daniels.
In a court document filed Wednesday, Cohen's lawyer, David Schwartz, served notice that the lawsuit against BuzzFeed and four of its employees had been dropped.
"The lawsuits against BuzzFeed over the Steele dossier have never been about the merits of our decision to publish it", Matt Mittenthal, the director of communications for the website, told The Daily Caller News Foundation.
The Prague trip that he cast as defamatory found new corroboration on Friday in a report by McClatchy.
According to CNN, by dropping the lawsuits, Cohen can now avoid the discovery process, which means he can avoid turning over information about himself to the companies.
Cohen did not immediately return a request for comment.