American actress Amber Heard will pay Hollywood star Johnny Depp $1 million in a settlement of their defamation suit, lawyers for Depp told the BBC on Monday.
"We are pleased to formally close the door on this painful chapter for Mr. Depp, who made clear throughout this process that his priority was about bringing the truth to light," Depp's attorneys Benjamin Chew and Camille Vazquez wrote in a statement, shortly after Heard announced that a settlement in the case had been made.
The statement added: "The payment of $1M - which Mr. Depp is pledging and will (actually) donate to charities - reinforces Ms. Heard's acknowledgement of the conclusion of the legal system's rigorous pursuit for justice."
On her part, Heard wrote on Instagram Monday that she had made "a very difficult decision" to settle the case, just weeks after she appealed the defamation verdict demanding a reversal or new trial and saying the outcome has a "chilling effect" on women speaking out.
The former couple faced off in court this spring in a high-profile battle.
In June, a Virginia jury found that Heard had defamed him in an article in which she called herself a victim of abuse.