Prince Andrew and Virginia Giuffre have reached a 'settlement in principle' in the civil sex claim filed in the US, court documents show.
The royal was accused by Giuffre of forcing her to have sex at a property belonging to Ghislaine Maxwell when she was 17-years-old.
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Last month, Prince Andrew demanded a trial by jury as he seeks to defend a civil sex case brought by Giuffre, according to court documents filed in New York.
However, the situation has now changed and 'a settlement in principle' has now been undertaken.
A document submitted to a US court said: “Virginia Giuffre and Prince Andrew have reached an out of court settlement.
“The parties will file a stipulated dismissal upon Ms Giuffre’s receipt of the settlement (the sum of which is not being disclosed).
“Prince Andrew intends to make a substantial donation to Ms. Giuffre’s charity in support of victims’ rights.
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“Prince Andrew has never intended to malign Ms Giuffre’s character, and he accepts that she has suffered both as an established victim of abuse and as a result of unfair public attacks.
“It is known that Jeffrey Epstein trafficked countless young girls over many years.
"Prince Andrew regrets his association with Epstein, and commends the bravery of Ms Giuffre and other survivors in standing up for themselves and others.
“He pledges to demonstrate his regret for his association with Epstein by supporting the fight against the evils of sex trafficking, and by supporting its victims.”
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A second document has also been revealed, which is a letter addressed to US judge Lewis A Kaplan, who has been overseeing the case.
It read: “We write jointly with counsel for defendant to advise the court that the parties reached a settlement in principle of the above-referenced action.”
It goes on to say the parties involved plan to file a “stipulation of dismissal of the case” within 30 days.
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The letter, signed by Ms Giuffre’s lawyer David Boies, concludes: “We appreciate the time and effort the court has devoted to this matter.”
It remains unknown if Andrew's military titles and Royal affiliations will be reinstated after they were returned to The Queen last month.
At the time, the official statement from the Royal Family read: "With The Queen's approval and agreement, The Duke of York's military affiliations and Royal patronages have been returned to The Queen.
“The Duke of York will continue not to undertake any public duties and is defending this case as a private citizen.”
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This news comes after a civil case against Andrew brought by Virginia Guiffre was given the go-ahead.
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