In a sudden and mostly unexplained change of course, Oak Island Town Council agreed Tuesday night to settle a lawsuit by former manager Jerry Walters, who was fired last year but not paid the year’s salary called for in his contract.
Council and attorney Brian Edes refused to disclose terms of the settlement, stating that the details were subject to revision.
The deal, Edes said following a closed session Tuesday, was “somewhat dependent” on finalizing those terms.
Former manager Jerry Walters sued in March 2012 for $150,000, plus at least $10,000 damages and interest. The town hired Cary lawyer Patricia Holland to fight the suit. Council members spent all day last Friday in closed session and mediation, leaving with no agreement.
The impasse remained Monday, with no scheduled mediation sessions. Walters’s lawyer Corey Reiss of the Shipman and Wright firm then characterized the talks as “unsuccessful efforts to compromise.” He said he was ready for litigation leading to trial.
Something changed, but in public remarks to adjourn the meeting, Edes cautioned council not to talk about it.
“Last Friday, the entire council and the clerk were in Wilmington,” Edes said. “The council worked very hard all day long in an attempt to reach a settlement that is in the town’s best interest.”
Edes said mediation was ongoing until clearly impossible.