Justin Baldoni's Legal Team Confirms Settlement in Blake Lively Lawsuit

The legal battle between Justin Baldoni and Blake Lively has reached a resolution, with both sides announcing a settlement agreement out of court.

In a statement released Monday evening (May 4), representatives for both parties emphasized their shared values regarding the film itself. "The end product – the movie 'It Ends With Us' – is a source of pride to all of us who worked to bring it to life," the joint statement read. "Raising awareness, and making a meaningful impact in the lives of domestic violence survivors – and all survivors – is a goal that we stand behind."

The statement continued: "We acknowledge the process presented challenges and recognize concerns raised by Ms. Lively deserved to be heard. We remain firmly committed to workplaces free of improprieties and unproductive environments. It is our sincere hope that this brings closure and allows all involved to move forward constructively and in peace, including a respectful environment online."

According to Baldoni's attorney Bryan Freedman, no financial exchange took place as part of the settlement agreement. Speaking to NBC News, Freedman indicated that Baldoni is "feeling pretty good" about the resolution, noting that the parties found themselves in a favorable position to bring the case to a close.

"There was a willingness to get the case resolved, given the opportunity and the position the case was set, and so, you know, when we were presented with an opportunity, we took that opportunity," Freedman told the outlet.

When pressed about whether Lively's team initiated settlement discussions, Freedman remained noncommittal, declining to specify who made the first overture. In a subsequent interview with TMZ on Tuesday (May 5), he reiterated the significance of the opportunity that emerged.

"When an opportunity comes along that is way too good to pass up…" Freedman said, before being asked directly if Blake's representatives had approached Baldoni's team. He responded by sidestepping the specifics: "It's not a question of who the overture was made by. I think that the opportunity existed, and it was an incredible opportunity, and you don't pass up an incredible opportunity."

Freedman characterized the settlement as a "huge victory" for his client.