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The judge left in place three allegations against Baldoni, meaning the civil trial will go ahead next month.
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Judge Lewis Liman threw out 10 of 13 allegations in Lively's case, including harassment and defamation.
He left in place three claims against Baldoni - breach of contract, retaliation, and aiding and abetting in retaliation - which will now go to a civil trial in New York on 18 May.
The Hollywood legal battle began in 2024 when Lively sued Baldoni, accusing him of harassment and a smear campaign on the set of their hit movie. He denied it and counter-sued.
A member of Lively's legal team, Sigrid McCawley, told the BBC's US partner CBS the case "has always been and will remain focused on the devastating retaliation and the extraordinary steps the defendants took to destroy" the actress' reputation.
She noted that the sexual harassment claims were dropped, "not because the defendants did nothing wrong", but because of a technicality.
Lively plans to testify during the trial, McCawley said, and would continue "to shine a light on this vicious form of online retaliation".
The BBC has contacted Baldoni's lawyers for comment.
A judge last year dismissed Baldoni's $400m (£295m) counter-lawsuit against Lively, which alleged civil extortion, defamation and invasion of privacy.
The case stems from interactions between Baldoni and Lively on the set of It Ends With Us, an adaption of a best-selling Colleen Hoover novel.
The film features Lively as the main character, Lily Bloom, a young woman who grew up witnessing domestic abuse and finds herself in the same position years later.
Lively's legal team have accused Baldoni and his film studio, Wayfarer, of planning to wreck her reputation, including by social media manipulation and using friendly journalists to sow certain narratives.
She shared details of the allegations in a New York Times article published before her lawsuit.
Lively filed a lawsuit
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