Kelly Rutherford, 40, and German businessman Daniel Giersch have settled their contentious custody battle.
Kelly and Daniel will share joint legal and physical custody of their two children, son Hermes, 2, and daughter Helena, who was born on June 8th.
Kelly filed for divorce in January after two years of marriage. Kelly and Daniel will temporarily relocate from California to New York while she films Gossip Girl. From July 30th through April 5th, Kelly will live in NYC while Daniel will reside in the Hamptons.
According to court documents, both parents will also attend co-parenting counseling sessions.