Gibson, Grigorieva settle dispute in court

After sparring for more than a year, Mel Gibson and his ex-girlfriend have reached a financial and custody settlement of a bitter dispute that spawned a criminal case and left the Academy Award winner's reputation damaged.

Los Angeles Superior Court officials said in a statement Friday that Gibson and Russian musician Oksana Grigorieva had reached an agreement after days of negotiation, The Associated Press reports. Terms and conditions were not announced, but a hearing will be held Wednesday to discuss the financial terms.

The equally contentious issue of custody of the couple's infant daughter will be handled in closed session, the court announced.

Gibson's spokesman Alan Nierob confirmed the settlement and said the actor-director appreciated the judge's help in mediating the case. Grigorieva spokesman Stephen Jaffe declined to comment.

The former couple have been at odds for more than a year over custody and financial issues in a mostly secret court proceeding in Los Angeles.

The "Braveheart" star and director was charged with misdemeanor domestic battery as a result of a January 2010 fight with Grigorieva and pleaded no contest earlier this year