Sylvester Stallone and Jennifer Flavin Working on Divorce Settlement, No Prenup

Sylvester Stallone and Jennifer Flavin are moving towards a settlement in their awful divorce, putting a hang on court procedures to hammer out an offer in personal … and shockingly, we’re informed there was no prenup in location.

According to brand-new legal docs, gotten by TMZ, Sly and Jennifer both asked for an order of reduction — which the court given — in their divorce down in Florida. This implies filings have actually been postponed, nevertheless, sources linked to the case state the divorce is still taking place … they simply do not desire the settlements revealed.

The docs state, “The Parties agree that is in the best interests of each of them individually, and more importantly collectively as a family, to resolve all issues attendant to the dissolution of their marriage in a dignified, amicable, and private manner out-of-court.”

What’s more, we’re informed the 2 did NOT have a prenup when they got hitched back in 1997, relatively leaving numerous countless dollars up for grabs as the incomes of both are neighborhood home.

Of course, Jennifer has her popular Serious Skincare cosmetic line, and Stallone’s got a string of Hollywood smash hits consisting of the “Rocky” franchise.

Remember, Jennifer filed for divorce from Sly last month following 25 years of marital relationship, stating their relationship was “irretrievably broken.” She likewise implicated him of moving marital properties, something he’s denied.