The John Doe, who says he was then working as a "male companion service worker," is accusing the hip-hop mogul of drugging and assaulting him in a New York hotel room in 2012.
The ruling comes after a jury found that the publisher breached the "Ultra" mark by continuing to use the name beyond the expiration of its license.
The rapper is heading for another courtroom showdown with his former associate after being acquitted in the criminal case.
Lisa Jeanine Findley had been charged with attempting to fraudulently auction Graceland and steal the Presley family's ownership interest in the estate.
Joe Tacopina also called the prosecution's focus on the rapper's family a "fatal mistake."
Megan sued blogger Milagro "Gramz" Cooper in October for defamation, cyberstalking, emotional distress and more.
Gossip blogger Tasha K has agreed to pay Cardi more than $1 million over the next five years and refrain from talking about the rapper or her family.
The former couple finalized their divorce in early January.
Melvin “4rest” Moore is suing the R&B singer, Parkwood Entertainment and Columbia Records for copyright infringement, fraudulent misrepresentation and more.
The disgraced hip-hop mogul will continue to be represented by five other lawyers, including Marc Agnifilo and Teny Geragos.