Now in Legal Rebels:
Posted Jul 09, 2012 06:29 pm CDT
Details likely will never be known, since Tom Cruise and Katie Holmes were able to settle their divorce case shortly after it was filed by Holmes in New York less than two weeks ago.
But the two celebrities have reached an agreement on what was said to be their biggest issue, how best to work together to parent and protect their 6-year-old daughter, after the estranged couple and their celebrity counsel reportedly spent much of the weekend in lengthy negotiations. A joint statement from the two actors Monday confirmed that they had reached an amicable settlement.
There is no word, other than unsubstantiated speculation, about how much of a financial settlement Holmes might get under a prenuptial agreement she is said to have signed. It appears that Holmes will have primary custody of the couple’s daughter, Suri, in New York, where she is now living with the girl after filing for divorce there late last month. Cruise, however, is reportedly to have generous visitation rights.
In a written statement provided to Fox News and other media outlets, Holmes’ lead lawyer, Jonathan Wolfe, thanked his partner, a lengthy list of co-counsel and opposing counsel for their help in bringing about what he describes as a speedy resolution that will allow his client to move on to the next chapter of her life.
Cruise’s longtime lawyer, Bert Fields, told TMZ that “Tom is really pleased we got there, and so am I.”
An earlier post on the L.A. Now page of the Los Angeles Times discusses some of the divorce issues, relying on unidentified sources.
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