The Arquettes Call It Quits

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courteney-cox-and-david-arquette_401x508.jpgI'm really sad to tell you that after 11 years of marriage...Courteney Cox and David Arquette have decided to file for separation.

They've released this statement:

"We have agreed to a trial separation that dates back for some time. The reason for this separation is to better understand ourselves and the qualities we need in a partner and for our marriage. We remain best friends and responsible parents to our daughter and we still love each other deeply. As we go though this process we are determined to use kindness and understanding to get through this together."

But a little birdie told me that Jasmine Waltz (yes, the very same chick that punched Lindsay Lohan in the face), well supposedly she started dating David like right after he and Courtney split!

Hopefull it's not true and Davis and Courteney can work things out!