Notts County has been trying to agree a settlement with the administrators for Pinnacle, which was put into liquidation last July.
Simon Johnson, appearing for Pinnacle, told Miss Registrar Derrett: "A dramatic compromise has just been signed outside court".
James Pickering, representing Notts County, confirmed the compromise.
As there were no other creditors the registrar declared: "The petition is dismissed with no order as to costs."