Katie Holmes and Tom Cruise Divorce Settlement Done!

In what may be one of the fastest mega-celebrity splits ever, the Tom Cruise and Katie Holmes divorce settlement is already done! Katie Holmes and Tom Cruise reached a private divorce settlement and custody agreement on Monday. The former Hollywood star couple released a joint statement requesting privacy after the settlement was reached.

“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 others commitment to each of our respective beliefs and support each other’s roles as parents,” the statement, released by Holmes and Cruise’s reps, said.

The Tom Cruise and Katie Holmes divorce settlement and custody agreement has reportedly already been hashed out and signed by both parties, according to Holmes’ attorney, Johnathan Wolfe. Katie Holmes had been seeking full legal and physical custody of the couple’s 6-year-old daughter Suri, but it was not revealed what arrangements the former couple came to in regard to custody.

“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.”

At the present time, Suri will reportedly stay with Katie Holmes in New York City while Tom Cruise is on location in Iceland shooting a film.

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Annaka Turner

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