Adrienne Maloof and Dr. Paul Nassif
Tony DiMaio/Startraks; Michael Kovac/Wireimage
08/29/2013 AT 06:00 PM EDT
Adrienne Maloof and Dr. Paul Nassif are putting their divorce behind them and focusing on their children.
"We recently reached an agreement on all outstanding issues related to our divorce settlement and all pending litigation," they said Thursday in a joint statement.
Almost a year after announcing the initial settlement
in what started out as one of Hollywood's nastier divorces
, the former Real Housewives of Beverly Hills
costars are "happy to be moving forward with our lives in a positive way, not only individually, but as co-parents," they say. "This is a new beginning for each of us."
"Our first priority is our children's well-being and happiness," they add. "As their parents and advocates that is our goal. Our children are our most important treasures and need to be treated with the respect and privacy they deserve. … We appreciate the good wishes we continue to receive from our supporters around the world."
Nassif filed for legal separation
from Maloof in July 2012 after more than a decade of marriage. The exes had since accused each other
of various forms of abuse before coming to a truce in November 2012.