Two days after filing a lawsuit against its former president, Thom Rainer, for allegedly breaching his severance agreement, LifeWay Christian Resources announced Wednesday that it will resolve the dispute in a different manner.
“While there have been numerous public misstatements and inaccuracies surrounding this matter, we have been and continue to be hopeful that we may resolve this issue with Dr. Rainer regarding his agreement with LifeWay and his partnership with a competitor,” Todd Fannin, chairman of the organization’s board of trustees wrote in an email to his colleagues who had planned to meet over disagreements concerning the lawsuit Wednesday.
“In lieu of moving forward with litigation, both parties are currently exploring the possibility of an agreed upon resolution of the differences. Our continued prayer is that this will be resolved quickly and amicably,” he noted.
In the email cited by the Baptist Press, Fanning said they arrived at the decision after a meeting of the trustee executive committee. An emergency meeting that was scheduled for the full board was postponed to properly update all trustees on the disagreement.
“In order to give appropriate time for continued discussions with Dr. Rainer to take place, the executive committee passed a resolution postponing this afternoon’s trustee meeting. The executive committee is asking trustees and all Southern Baptists to join us in a season of prayer. This period will also allow us to provide full and accurate information to each board member,” Fannin wrote.
Click here to read more.
SOURCE: Christian Post, Leonardo Blair