Nicolas Cage and his ex-girlfriend Christina Fulton, mother of their 20-year-old son, have settled a $13 million lawsuit she had brought against him in 2009.
Fulton, who dated the actor for several years in the 1980s, had claimed Nicolas Cage failed to transfer ownership of a house to her after promising to do so and told her he would support her and Weston Coppola Cage financially.
Nicolas Cage, who has faced a slew of financial troubles in recent months, had denied wrongdoing and his attorneys had said that he was paying $3 million per year to help the two.
Fulton and Nicolas Cage appeared met with a judge at a Los Angeles court on Tuesday, June 14 and her attorney told OnTheRedCarpet.com several hours later that the two reached a settlement that satisfied all parties. Its terms remain private. The actor and his representatives have not commented.
Fulton had said in her 2009 lawsuit, obtained by OnTheRedCarpet.com, that in May 2001, Nicolas Cage bought a Los Angeles house and she and her son moved into it with his permission. She says the actor told her its title would be transferred to her, but that never occurred.
Fulton says that around 2009, she began the process of selling the home but found out the title was never transferred. She says Cage never resolved the issue and instead served her with a 60 day notice to leave the place in September of that year. Two months later she received a foreclosure notice.
The judge told Fulton on Tuesday that she could not sue Nicolas Cage for breaching an oral contract to transfer ownership of the home because her claim was barred by a statute of limitations.
Fulton had also said that Nicolas Cage gave her a vehicle as a gift but did not tell her he had purchased or leased it under her name - information she says she learned after reviewing a June 2009 credit report.
Fulton's lawsuit states that she had suffered some $13 million in financial losses and that her credit has been "damaged to the extent that it is preventing her from living a normal life" a result of her financial dealings with the actor.
Nicolas Cage has been slapped with several tax liens and other debts throughout the past few years. He has owned several homes and even an island in the Bahamas and has lost at least three houses in foreclosure auctions.
Weston Coppola Cage has been in the headlines recently himself. He married musician Nikki Williams in New Orleans in April and was hospitalized earlier this month following an altercation in Hollywood.
"I do not want him with Nicolas Cage," Fulton told CNN on June 11 following the incident. "I do not want him in that care. That is not the care my son needs."
Nicolas Cage has been married three times - the first time to Patricia Arquette, then to Lisa Marie Presley and finally to his current wife, former waitress Alice Kim. The couple has one son, Kal-El, who is named after Superman's birth name.