The California court system can finally breathe a sigh of relief — one week after OK! exclusively revealed that Britney Spears and ex-husband Kevin Federline had finally reached an agreement over their prolonged custody battle for their two children, OK! has confirmed that the paperwork has been signed and the matter is Spears vs. Federline is officially over!
"Commissioner Gordon has signed off on the settlement," K-Fed's attorney Mark Vincent Kaplan tells OK! exclusively. "As of this moment, the matter is officially done."
This announcement comes more than a week after Kaplan spoke exclusively to OK! to announce that he and Brit's attorney Laura Wasser had worked out an agreement between the feuding spouses. Under the terms of the settlement, Kevin is to retain sole legal and physical custody of Sean Preston, 2, and 1-year-old Jayden James, while Britney will continue to have visitation rights which may increase over time.
The agreement was presented to the court on July 18, at which point commissioner Gordon had been expected to finalize the paperwork, finally putting an end to months of back-and-forth feuding.
However, sources tell OK! that Brit's dad, Jamie Spears, who has been acting as her court-ordered conservator for several months and who has final say over all her legal and financial matters, wasn't happy with the agreement and had been refusing to sign off on the settlement.
An emergency hearing had been scheduled for 2pm PST on Friday, at which time a a spokesperson for the court told OK!, "There apparently is a settlement... We expect it delivered by one of the lawyers this afternoon." The spokesperson did not say when the details of the settlement will be released to the public.
Around 3pm PST Kaplan arrived at the courthouse to deliver the final settlement.
He is expected to speak to the press shortly.