Tom Cruise, Katie Holmes reach divorce settlement
Our legal panel weighs in on the case
- Duration 4:43
- Date Jul 9, 2012
Our legal panel weighs in on the case
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-- -- back -- -- on the docket today breaking news in the tomcat divorce.
No reports that the would be -- Hollywood showdown is now over.
The estranged couple apparently reaching a settlement agreement.
Their -- not commenting much on the details but the couple issuing a statement saying.
They are committed to working together as parents in their daughter's best interest and that's not all.
Turning now with more Brian play April who as a defense attorney and mark I'd -- -- a former prosecutor now defense attorney and so my question to start with you on this mark.
Is how much does this have to do in your estimation.
With a very public accusations that she was apparently making sources close to her were making.
Tom cruises participation in it and the effect of the church on their daughter -- because let me we did this from -- joint statement.
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 supporting -- roles as parents.
These are both big stars and no one wants negative PR so I know that played some role but I have to believe as a purist.
That they both really did want to what was in the best interest to their child so they sat in a room.
The lawyers didn't get rich they sat down and they talked it out.
And if she really did as we report on Kelly's court earlier wants sole custody someone explain to her that even if you show that Scientology's a big cult that we're a bunch of where -- the chances of a judge saying.
He's not going to see that daughter again.
Is not very likely and so ultimately I think that each party at the negotiations gave him a little bit and both left a little dissatisfied and those -- perfect negotiate.
I don't know Brian because they say that they are they are settling according to TMZ four -- -- -- -- Tom gets meaningful significant contact with -- Katie Holmes won his sole legal custody -- she would be the sole decision maker -- -- -- go to school where what church did she go to and so on.
And was willing to have shared physical custody with Tom.
So if he's getting meaningful significant contact -- -- isn't he getting exactly what she was offering him from the -- it.
Yeah -- I I agree with you and I think this this rapid settlement.
Is just as much about big business as it is about what's in the best interest of Surrey imagine us.
Katie Holmes -- a movie coming out I think in a week she and and then that movie she's portraying a single parent of a bit of a child of the daughter.
Tom Cruise is wrapping up a movie and Iceland.
These two want millions and millions of people to -- -- money to watch their movies if they are feuding.
At the expense of a child I don't think a lot of folks across this country are gonna buy movie tickets.
And there -- -- there were questions about the pre nup between them -- saying that apparently according to some report she was but to get three million dollars a year for every year they were married.
Which is around five years.
And then there were reports that that wasn't true it's far less so.
The question is how much money was likely exchanged if they if they didn't have much to argue over when it comes to -- since -- a point out she was willing to give him.
Shared physical custody according to reports.
The question is how much money was paid in a case like this we had her apparently leaking to the press about science technology just today TMZ had a reporter the other day saying.
And Tom Cruise is controlling her like a puppet master controlling her every move -- bad PR did he pay up.
I think that PR again played a big role but I think it goes right back to that pre nup.
I don't think that this was something that right before she walked down the -- -- -- let's take a look at this but the signature down here I think both parties -- their lawyers go through this.
At length and she knew and he knew that the chances of success of altering what both parties agree to -- slim to none.
So what was the point if that's the case -- -- a pre nup she knew she had to limit that.
What was the point of the past two weeks and all the leaks to the press and then when the bad damaging allegations and bringing religion into it and so on.
Well -- that even though these two -- mega superstars they're human beings as well.
And I think that they were grappling with the emotional aspect of breaking up.
And I think we have to filtered out into two Katie Holmes initially reacting the way she did because you're right she's really giving -- something that she had.
Really no leverage on the first play Tom Cruise -- seen his daughter regardless of whether she held out on that.
She -- Scientology's probably because she's upset she sat look anybody -- vested their.
Their heart -- -- a relationship but it doesn't work out and you have a child together.
You're gonna go through a lot of turmoil and frankly I find this amazing that after two weeks that really takes two weeks.
Drake no thank you -- so much appreciate it we -- back.