Follow us on Twitter: twitter.com/showbizspy

Tom Cruise and Katie Holmes: Divorce Settlement Reached!

Posted by Adam

TOM Cruise and Katie Holmes have reached a divorce settlement — less than two weeks after the actress filed for divorce.

Katie’s attorney, Jonathan Wolfe, confirmed the news Monday.

“The case has been settled and the agreement has been signed. We are thrilled for Katie and her family and are excited to watch as she embarks on the next chapter of her life,” he told People magazine.

“The case has been settled and the agreement has been signed. We are thrilled for Katie and her family and are excited to watch as she embarks on the next chapter of her life.

“This result could not have been achieved without the hard work of my partner Gary Skoloff and our co-counsel Allan Mayefsky, Michael Mosberg and Larry Trachtenberg of Aronson Mayefsky and Sloan and Peter Walzer and Chris Melcher of Walzer & Melcher in California.

“We thank Tom’s counsel for their professionalism and diligence that helped bring about this speedy resolution.”

Holmes and Cruise said in a separate statement they focused on protecting daughter Suri, 6.

“We are committed to working together as parents to accomplish what is in our daughter Suri’s best interests. We want to keep matters affecting our family private and express our respect for each other’s commitment to each of our respective beliefs and support each other’s roles as parents,” says the statement from Holmes and Cruise’s reps, Nanci Ryder and Amanda Lundberg respectively.

Holmes filed for divorce in NYC June 28, and asked for sole legal custody of their daughter. Cruise, who is reportedly at home in Beverly Hills, has not counter-filed divorce papers of his own.

Tags: ,