In a remarkable development, Channing Tatum and Jenna Dewan have reached a settlement that addresses all lingering issues related to their contentious divorce, just weeks before they were set to testify before a judge, according to In Touch.
Court documents reviewed by In Touch reveal that Jenna, 43, informed the court about the finalized agreement on September 24. The settlement details how they will divide their community property and specifies the support amount that Channing, 44, will provide to Jenna. The couple shares an 11-year-old daughter named Everly.
Previously reported by In Touch, a major point of contention in the divorce was the division of profits from the Magic Mike franchise, in which Channing starred as a male stripper. The original film, released in 2012, achieved commercial success, leading to two sequels, a live show in Las Vegas, a reality series, and numerous brand partnerships. Jenna believed she was entitled to 50 percent of Channing’s stake in these ventures, a claim he disputed, asserting that he had invested substantial time and resources into the projects after their separation. The couple was headed for trial in December.
Adding to the complexity, Jenna recently sought to disqualify Channing’s divorce attorneys, claiming that he had brought on a new law firm to assist his long-standing legal team earlier in the year. She argued that this new firm had represented a business she considered community property during their marriage.
Jenna contended that the firm might have helped Channing breach his fiduciary duty to the community through various transactions. Additionally, she accused him of withholding certain documents pertaining to the Magic Mike businesses.
Channing dismissed Jenna’s request to remove his attorneys from the case just weeks before the trial was to begin. He asserted that the law firm in question had never worked for Jenna, and he urged that her request be rejected. “Jenna is not and never was a member of the LLC and has had no involvement with it. She was never a client of the firm and has never spoken to any attorney there,” argued Channing’s lawyer.
Channing alleged that Jenna’s motion was a tactic to prolong the divorce proceedings and evade her deposition. His lawyer argued that depriving Channing of his chosen legal counsel at such a late stage would cause him undue hardship and would not benefit Jenna in any way.
Before the settlement was reached, the court had yet to make a ruling on the disqualification request. Jenna and Channing, who married in 2009 and separated in 2018, had previously settled custody arrangements for their daughter, Everly, within months of their split. However, they struggled for years to finalize any agreement on other issues.
The former couple has yet to submit the official agreement that will outline the details of the support payments and the percentage of earnings Jenna will receive from the Magic Mike franchise.