The custody battle and legal drama that has made headlines for two years appears to be kaput after they officially reached a financial and child custody agreement, ending the staggering fallout from one of the all-time worst celebrity breakups.
Gibson's spokesman Alan Nierob tells E! News, "I can confirm the parties have settled the matter and we appreciate all the judge's help."
L.A. County Superior Court released a statement Friday reading: "As a result of a multiday settlement conference, the court announces that Mel Gibson and Oksana Grigorieva have achieved a settlement in their ongoing dispute."
Terms and conditions of the settlement were not announced.
Mel and Oksana are due back in court next week to discuss financial arrangements as well as the issue of custody of 1-year-old daughter Lucia.
Back in March, the actor pleaded no contest to battery against the Russian musician in a deal that allowed him to avoid jail time in the case.
Grigorieva went to police six months after the Malibu incident in which she said the actor punched her, and that he threatened her and Lucia.
Subsequently, the Mel Gibson tapes surfaced, featuring now-infamous rants in which he said she "deserved" the assault and he'd "bury" her.
The settlement will hopefully put this to bed for good.
