TMZ is reporting that Jessica Simpson and Nick Lachey have come up with a settlement that is satisfactory to both singers. The two were married for three and a half years but officially divorced this past June.
According to documents obtained by TMZ, Simpson and Lachey have signed a written stipulation on their financial dispute.
Under California’s community property law, without a prenup, each should have walked away with about $18 million dollars since the pair as a couple had earned about $36 million as a couple. Simpson however disputed that and offered Nick a measly $1.5 million. He turned that down.
It hasn’t been reported how much Nick Lachey will receive under the terms of the agreement but it’s said to be significantly more than $1.5 million, and less than $18 million.