Cruise, Holmes reach settlement in divorce case

By: Associated Press Email
By: Associated Press Email

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 Monday 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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