Tom Cruise & Katie Holmes Reach Divorce Settlement, Resolve Custody Issues

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Tom Cruise and Katie Holmeshave amicably reached a settlement in their divorce, a little over a week after the couple’s separation became public.

Katie’s lawyer Jonathan Wolfe told People: “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 added, “We thank Tom’s counsel for their professionalism and diligence that helped bring about this speedy resolution.”

Tom’s lawyer, Bert Fields said: “The case has been settled with a signed agreement … Tom is really pleased we got there, and so am I.”

No word yet on who gets what and how the custody of their six-year old daughter Suri will be split. Earlier in the day, the duo told JustJared ina joint statement: “We are committed to working together as parents to accomplishing what is in our daughter Suri’s best interests.” They added, “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.” 
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