NEW YORK (AP) — No details are being released on the divorce settlement that's been announced between Tom Cruise and Katie Holmes.
But a lawyer who has handled bi-coastal divorce settlements says the quick settlement suggests that they'll share parenting responsibilities for 6-year-old daughter Suri. Attorney Steve Mindel says the next step would be for Holmes or Cruise to file to have their status changed to divorced -- but the actual financial and child custody details won't get filed in court unless there's some later dispute.
Representatives from both sides announced today that the pair had reached a settlement, less than two weeks after Holmes unexpectedly filed for divorce. The resolution was a quick one, by Hollywood standards. By way of comparison, Kris Humphries and Kim Kardashian are still negotiating a divorce for a marriage a year ago that lasted less than three months.
In a joint statement, Cruise and Holmes asked for privacy, and said they want to work together for what's in Suri's best interests.
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187-c-08-(Michael Weinfeld, AP entertainment editor)-"for the split"-AP Entertainment Editor Michael Weinfeld tells us that there won't be a long, dragged-out divorce fight between Katie Holmes and Tom Cruise. (9 Jul 2012)
<<CUT *187 (07/09/12)>> 00:08 "for the split"
188-c-09-(Michael Weinfeld, AP entertainment editor)-"the quick settlement"-AP Entertainment Editor Michael Weinfeld tells us that Katie Holmes' attorney made a point of praising his countparts representing Tom Cruise. (9 Jul 2012)
<<CUT *188 (07/09/12)>> 00:09 "the quick settlement"
186-w-28-(Michael Weinfeld, AP entertainment editor, with sound from "Top Gun")--Tom Cruise and Katie Holmes have avoided an ugly divorce battle. AP Entertainment Editor Michael Weinfeld has the latest. (9 Jul 2012)
<<CUT *186 (07/09/12)>> 00:28
APPHOTO CAPH812: FILE - In this Feb. 26, 2012 file photo, actors Tom Cruise and Katie Holmes arrive at the Vanity Fair Oscar party, in West Hollywood, Calif. Cruise and Holmes have reached an agreement in their divorce case, according to her attorney. Holmes' attorney Jonathan Wolfe said in a statement Monday, July 9, that the case has been settled and an agreement was signed. Holmes filed for divorce less than two weeks ago, putting an end to the romance that began in 2005. The couple has a 6-year-old daughter, Suri. (AP Photo/Evan Agostini, File) (27 Feb 2012)
<<APPHOTO CAPH812 (02/27/12)>>
APPHOTO NYET908: This image released by People shows the July 16, 2012 cover of "People" magazine featuring the divorce of actors Katie Holmes and Tom Cruise. Holmes filed for divorce from Cruise on Thursday, June 28. The couple, who married in 2006, share a daughter Suri. Cruise has two children with his previous wife, Nicole Kidman. The actor was also previously married Mimi Rogers. This is Holmes' first marriage. The issue is available on newsstands. (AP Photo/People) (30 Jun 2012)
<<APPHOTO NYET908 (06/30/12)>>
