Attorneys for Katie Holmes’ have just revealed to RumorFix that the actress and her estranged husband Tom Cruise have reached a divorce settlement.

“The 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. This result could not have been achieved without the hard work of my partner Gary Skoloff and our co-counsel Allan Mayefsky, Michael Mosberg and Larry Trachtenberg of Aronson Mayefsky and Sloan and Peter Walzer and Chris Melcher of Walzer & Melcher in California.

We thank Tom’s counsel for their professionalism and diligence that helped bring about this speedy resolution.”

Katie filed for divorce from Tom on June 29, 2012 after five years of marriage. The terms of the settlement have not been made public.

On Monday morning, the couple have also released a statement to RumorFix about the welfare of their daughter, Suri Cruise:

“We are committed to working together as parents to accomplish what is in our daughter Suri’s best interests. 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.”