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Wednesday, July 16, 2014 - The real-life inspiration for Michael Richards' Seinfeld character Cosmo Kramer has lost a $1 million defamation lawsuit against comedian Fred Stoller.

Funnyman Kenny Kramer, a former neighbor of Seinfeld co-creator Larry David, accused Stoller of portraying him as a homophobe in his recent memoir after describing how guides on Kramer's New York bus tour allegedly shouted one of the show's famous lines, "Not that there's anything wrong with that", at community members whenever they took tourists through the historically gay-friendly neighborhood of Greenwich Village.

However, the suit was thrown out of a Manhattan court on Monday after Justice Barbara Jaffe ruled there was nothing offensive about the mention in Stoller's 2013 release, Maybe We'll Have You Back: The Life of a Perennial TV Guest Star.

She noted, "The phrase expressly conveys the notion that there is nothing wrong with being gay. In that respect, it cannot be considered homophobic. "

Stoller served as a comedy writer on Seinfeld for one season and also appeared onscreen as annoying character Fred.

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