Money matters

Actress Amber Heard will pay Hollywood star and former husband Johnny Depp $1 million to settle their long-running legal battle in which each accused the other of domestic violence.

The sum is a significant reduction from the $8.35 million she was ordered to pay after a six-week trial in Virginia earlier this year. The payment is expected to come from her insurance carrier.

In a statement, Depp’s attorneys said that he would donate the money to charity. His attorneys have previously said that the case was “never about the money” for Depp. In her own statement, Heard said she had “lost faith in the American legal system”. She also said that the settlement spares her the ordeal of further litigation and allows her to finally “emancipate” herself from their marriage. — IANS

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