A trial between the former runway beauty and her French billionaire ex began in New York's Manhattan Family Court last week (ends04May12), after Evangelista demanded a massive $46,000 (£28,750)-a-month to support her five-year-old son Augustin James, who was conceived while Pinault was briefly separated from his now-wife, actress Hayek.
During the explosive proceedings, the court heard how Pinault had allegedly told the model to have an abortion, while the businessman opened up about the difficulties Hayek had experienced while she was pregnant with their daughter Valentina, who they feared would be born with Down syndrome. The girl, now four, was born healthy.
The two parties have been locked in negotiations to bring an end to the revealing trial and on Monday (07May12), it was announced the exes had managed to reach an agreement.
Lawyers for both sides will present the settlement plan to a judge on Tuesday (08May12), according to the Associated Press.