Tom Cruise & Katie Holmes Release Joint Statement on Divorce Negotiations

The stars are trying to hammer out their divorce, including custody of 6-year-old daughter Suri, amicably out of court

Tom Cruise and Katie Holmes are trying to settle their divorce before it gets to court. The superstar couple reportedly had their lawyers working all weekend, trying to hash out an agreement about financial matters and, more importantly, custody of their 6-year-old Suri. And now, they've released a joint statement asking for privacy as they hammer out the details.

"We are committed to working together as parents to accomplish what is in our daughter Suri's best interests," reads the statement from Holmes' rep Nanci Ryder and Cruise's rep Amanda Lundberg. "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."

Holmes, who is reportedly seeking sole legal custody of her only daughter, was spotted heading into her divorce lawyers' office on both Friday and Saturday. It seems that Katie, 33, may be getting what she desires: a settlement that takes place in New York (where she filed for divorce and is now living), rather than California (where Tom, 50, would be more likely to be awarded joint custody). A People magazine source claims that Tom might be okay with Holmes getting custody, so long as he can maintain visitation rights.

"There's no world where Tom won't be seeing Suri," says the insider.

Although a court hearing is scheduled for July 17, both Tom and Katie could benefit from settling out of court. Going to trial would mean going public with the details of their relationship and breakup. And, as we all know, Cruise is a pretty private guy.

"It's not Tom's style to do this publicly. He is really sad about what's happening," Cruise's lawyer Bert Fields told BBC News.

Fields wouldn't comment on the rumor that Cruise may file a counter-divorce in California and demand joint custody of Suri. He did, however, say that Tom would speak out about the divorce in time.

"We are letting 'the other side' [Katie and her team] play the media until they wear everyone out and then we'll have something to say," said the attorney.

It seems clear, though, that neither star wants a messy public divorce.

Cruise "doesn't want his family dragged through the mud," says a People source. "They both love their daughter."

So far, the negotiations appear to be going well, with a TMZ source describing the proceedings as "calm."

Holmes filed for divorce on June 29 after five years of marriage to Cruise.

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