Former International Monetary Fund chief Dominique Strauss-Kahn has signed a settlement with a hotel maid who accused him of sexual assault, a New York judge says, reports the BBC.
Details of the 63-year-old's agreement with Nafissatou Diallo will remain confidential, the judge added.
Mr Strauss-Kahn was held in New York in May 2011 after Ms Diallo, 33, said he assaulted her in his hotel suite.
Prosecutors later dropped charges amid concerns about her credibility.
The incident was widely seen as having ruined Mr Strauss-Kahn's chance of becoming the Socialist presidential candidate in his native France.
New York State Supreme Court Justice Douglas McKeon announced on Monday that after lengthy negotiations, the parties "came together and put terms of a settlement on the record".
Read more of this report from the BBC.