07/13/2012 03:05 pm ET Updated Jul 16, 2012

Celebrity Week In Review: Tom Cruise Settles Divorce, Kourtney Kardashian Welcomes Baby Girl And More

From TomKat divorce drama to a much-anticipated Kardashian birth, it's been another eventful week in Hollywood.

Check out some celebrity stories from this week:

  • Tom Cruise and Katie Holmes settle their divorce. After a surprising split announcement on June 29 and what was gearing up to be an epic courtroom battle, the couple quickly and quietly (well, as quietly as possible) settled their affairs, with Holmes reportedly getting primary custody of their daughter, Suri.
  • Welcome to the world, Penelope Scotland Disick! Kourtney Kardashian and Scott Disick announced on Monday that they welcomed their baby girl on July 8.
  • Looking good, Jessica! Mrs. Timberlake-to-be, Jessica Biel, turned out at the 2012 ESPY awards in an adorable white minidress.

Check out other photos and news you may have missed:

CORRECTION: In a previous version of this slideshow, we incorrectly stated the date of Penelope Scotland Disick's birth. The correct date is reflected above.