The "article" will stay up and there won't be any lawsuits, because it's a parody site, and they state right up front that the stories are not real stories. It's like watching something on Mad TV or some other spoof show. Most of the people who go there probably read there regularly for the "comedy" aspect. They are "mock news" articles and are not presented as being factual. So if you are waiting for something to happen with it or for it to be taken down, it won't happen.

It's odd you got it on a google search because when I typed in Steve Irwin's funeral (as soon as you posted this) I got nothing like that and still don't. It doesn't come up at all.