In a lengthy statement shared Monday on Instagram, Heard explained her decision not to pursue the appeal she filed shortly after the jury awarded her $2 million and Depp more than $10 million in June. The Daily Mail reported that Depp and Heard reached a settlement in which Heard’s insurance company will pay Depp $1 million.
“After a great deal of deliberation I have made a very difficult decision to settle the defamation case brought against me by my ex husband in Virginia,” Heard announced Monday. “It’s important for me to say that I never chose this. I defended my truth and in doing so my life as I knew it was destroyed.
In a statement provided to The Times, Depp attorneys Benjamin Chew and Camille Vasquez said they are “pleased to formally close the door on this painful chapter for Mr. Depp, who made clear throughout this process that his priority was about bringing the truth to light.”
“The jury’s unanimous decision and the resulting judgement in Mr. Depp’s favor against Ms. Heard remain fully in place,” the statement continued. “The payment of $1M – which Mr. Depp is pledging and will (actually) donate to charities – reinforces Ms. Heard’s acknowledgement of the conclusion of the legal system’s rigorous pursuit for justice.”