Justice Douglas McKeon of the New York State Supreme Court in the Bronx here announced at a hearing on Monday that terms of the settlement reached between Strauss-Kahn and Nafissatou Diallo will remain confidential.
Strauss-Kahn was not present at the hearing.
Strauss-Kahn's lawyers said in a statement after the hearing that they were 'pleased to have arrived at a resolution of this matter'.
"We are grateful to Judge McKeon, whose patience and forbearance allowed this agreement to be formulated," Strauss-Kahn's attorneys, William Taylor and Amit Mehta said in the statement.
Diallo who was present at the hearing thanked 'everyone' outside the court.
"Diallo is a strong and courageous person who never lost faith in our system of justice.
"And with today's resolution, Diallo can move on with the rest of her life," her attorney Kenneth Thompson said.
McKeon said a separate lawsuit filed by Diallo against the New York Post over the tabloid's report that she was a prostitute had been settled as well.
Terms of that settlement have also been kept confidential.
Diallo had filed the civil lawsuit after federal prosecutors last year in May arrested and criminally charged Strauss-Kahn of sexual assault, a move that ended the political career of the one-time
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