tom cruise katie holmes divorce

Tom Cruise and Katie Holmes have settled their divorce – in record-breaking time perhaps?

Katie’s lawyer Jonathan Wolfe said:

“This 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.”

Tom and Katie called a temporary truce while their lawyers worked quickly to reach a settlement.

“We are committed to working together as parents to accomplish what is in our daughter Suri’s best interests,” a statement for the couple revealed.

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.

Lawyers for both sides were negotiating marathon-style, according to TMZ.

I’m sure both Tom and Katie wanted to resolve things quickly, for their daughter Suri’s sake.

As for the settlement, Katie will have what amounts to primary physical custody, however Tom will have significant custodial time with Suri. There are restrictions on what Tom and Katie can discuss with Suri on the subject of religion, including Scientology. As Suri gets old, those restrictions will be eased, according to TMZ.

Tom and Katie worked together to avoid a long drawn-out divorce war, which was the right thing to do considering their six-year-old daughter.

What do you think?

Well the fairy tale has a sad ending after all….

Tom Cruise and Katie Holmes are getting a divorce, PEOPLE has learned exclusively.

“This is a personal and private matter for Katie and her family,” says Holmes’s attorney Jonathan Wolfe.

“Katie’s primary concern remains, as it always has been, her daughter’s best interest.”

Cruise, 49 and Holmes, 33, were married five years ago, in November 2006.

Their daughter Suri is now 6.

It makes you wonder, were the tabloids right about Cruise and his ways? Was Holmes really unhappy like the magazines claimed?

Gossip Cop reports that Cruise’s rep said the actor is “deeply saddened”.

“Kate has filed for divorce and Tom is deeply saddened and is concentrating on his three children. Please allow them their privacy,” the rep stated.

Holmes filed for divorce in New York on Thursday, citing “irreconcilable differences”. In her petition, Holmes is seeking sole legal custody of Suri as well as primary residential custody.

TMZ is reporting that Holmes filed for divorce primarily over Cruise’s ties to Scientology; she feared that he would drag Suri into Scientology. The couple have reportedly been arguing over Suri’s involvement in Scientology; she is now at an age where it would become a significant part of her life.

tom cruise katie holmes divorce

Tom Cruise and Katie Holmes Have Settled their Divorce

Katie Holmes and Tom Cruise Divorcing!