Alec Baldwin and his lawsuit

Alec Baldwin settled a lawsuit filed by loved ones of cinematographer Halyna Hutchins, who was killed on the set of his movie "Rust" last year, representatives from both sides of the civil action said Wednesday.

Hutchins, 42, was fatally shot and director Joel Souza, then 48, was wounded in the incident Oct. 21 in New Mexico when a live round was discharged from a gun held by Baldwin, who shares screen and producer credits on the suspended movie.


Hutchins' family sued in February accusing Baldwin and others involved in the film of reckless behavior and cost-cutting measures that led to the tragedy nearly one year ago at Bonanza Creek Ranch, in Santa Fe County.

"Throughout this difficult process, everyone has maintained the specific desire to do what is best for Halyna’s son,” Baldwin’s attorney Luke Nikas said in a statement. "We are grateful to everyone who contributed to the resolution of this tragic and painful situation."


Financial terms of the settlement were not released Wednesday — although Hutchins' widower, Matthew Hutchins, has been named as an executive producer of "Rust," which is expected to resume filming in January.

"I have no interest in engaging in recriminations or attribution of blame (to the producers or Mr. Baldwin)," he said in a statement.

"All of us believe Halyna’s death was a terrible accident. I am grateful that the producers and the entertainment community have come together to pay tribute to Halyna’s final work.”

Souza said he has agreed to resume his role as director.

"Those of us who were lucky enough to have spent time with Halyna knew her to be exceedingly talented, kind, creative, and a source of incredible positive energy," Souza said in a statement.

"I only wish the world had gotten to know her under different circumstances, as it surely would have through her amazing work."

Souza said he is returning to the "Rust" set only with Matthew Hutchins' blessing.

"In my own attempts to heal, any decision to return to finish directing the film could only make sense for me if it was done with the involvement of Matt and the Hutchins family," he said.

"Though certainly bittersweet, I am pleased that together, we will now complete what Halyna and I started. My every effort on this film will be devoted to honoring Halyna’s legacy and making her proud. It is a privilege to see this through on her behalf.”