Rainer said he was surprised by the lawsuit. ), Then on Wednesday, Todd Fannin, chair of LifeWay’s board of trustees, issued an update saying that “both parties are currently exploring the possibility of an agreed upon resolution of the differences.”. "Rainer has agreed to honor the transition agreement, including the non-compete clause. What is St. Matthew’s, the church Biden will attend on Inauguration Day? "I am grateful to have this resolution between LifeWay and me. https://t.co/dhoYGIIS02, — Sam Rainer (@SamRainer) October 2, 2020. © 2021 www.tennessean.com. NASHVILLE (BP)—After seeming to reverse course on a lawsuit against former president and CEO Thom Rainer, LifeWay Christian Resources said it will not officially withdraw … UPDATE: LifeWay Christian Resources has decided not to proceed with a breach of contract lawsuit against the SBC entity’s former president Thom Rainer, but will instead seek to resolve … suing the former president for breach of contract, LifeWay sued Rainer in Williamson County Chancery Court, After suing former president, LifeWay Christian Resources reverses course on contract dispute, LifeWay Christian Resources sues former president Thom Rainer for breach of contract, Your California Privacy Rights / Privacy Policy. Under terms of a transition agreement, he was prohibited from working with a competitor for 12 months after his retirement, LifeWay … If Thom Rainer’s could say is true, then LifeWay did this reinventing with way less money from their denomination. The settlement agreement comes after discussions Monday. Under terms of a transition agreement, he was … NASHVILLE, Tenn. (BP)–Trustees of LifeWay Christian Resources unanimously approved the election of Thom S. Rainer to become the ninth president of the Southern Baptist entity Sept. 12. Thom Rainer is one of LifeWay’s cash cows, likely alongside Beth Moore. The trustees and Dr. Rainer are looking forward to putting this behind us.". The LifeWay corporate offices in Nashville. Yes, $1,000,000. (RNS) — First it sued its former CEO. “LifeWay stands to lose tens of millions of dollars of revenue that the organization would normally generate over the summer months from camps, events, VBS, and ongoing curriculum sales,” Ben Mandrell, LifeWay’s CEO, said in a news release at the time. In 2006, Rainer became the ninth president of LifeWay, which is based in Nashville. It is understandable that … The peddler of theological poison known as LifeWay Christian Resources, the publishing arm of the Southern Baptist Convention and publisher of all things Beth Moore, announced late Tuesday that they’ve reached an amicable agreement with former President Thom Rainer… LifeWay has agreed to withdraw the lawsuit and the appropriate paperwork is expected to be filed Wednesday, said Carol Pipes, LifeWay spokeswoman. NASHVILLE (BP) — LifeWay Christian Resources has decided not to proceed with a breach of contract lawsuit against the SBC entity’s former president Thom Rainer, but will instead seek to … Will you help? But now LifeWay Christian Resources, the Southern Baptist Convention’s publishing arm, appears to be going ahead with a lawsuit against Thom Rainer, its former president and CEO, for violating a noncompete clause in his contract. 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