Less than two weeks after Katie Holmes filed for divorce from Tom Cruise, the couple has agreed that daughter Suri should live primarily with her mother in New York.
The terms of Suri's custody was the key element of the settlement reached on Monday and Cruise will have generous visitation rights, according to People magazine.
Holmes and Cruise did not confirm the nature of the settlement when they released statements on Monday.
"The case has been settled and the agreement has been signed," Holmes' lawyer, Jonathan Wolfe, said in an email statement on Monday. "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."
Cruise's attorney Bert Fields told ABC News, "The Tom Cruise–Katie Holmes case has been settled with a signed agreement. Tom is really pleased we got there, and so am I."...