Alec Baldwin is likely to a be relieved man today, given the ‘Rust’ accidental shooting lawsuit is being dropped.

Halyna Hutchins’ husband, Matthew announced the same, and terms of the settlement have been reached.

Production of the movie with resume in January and Matthew Hutchins is now on board as executive producer.

Alec Baldwin now has even more reason to celebrate, with the birth of his daughter and seventh child with Hilaria last September.

This brings the little Baldwinista brood up to seven, and Hilaria recently shared the very first pic of them on her Instagram.

In it, she also gave a shout-out to Ireland Baldwin, Alec’s first daughter with Kim Basinger.

Last month, Baldwin also posted how his family kept him alive during these troubled days.

Baldwin, who was producing ‘Rust’ accidentally discharged a gun that killed Halyna Hutchins last October and also wounded director Joel Souza.

It seems his struggles are finally over and fans could not be happier for him and his family.