The defamation case between BuzzFeed and Emma Husar will not proceed to a trial after the two parties reached an out-of-court settlement.

The court heard on Monday that the former Labor MP’s case against the online publisher over an article which she said portrayed her as “a slut” and “sexually perverted” had reached settlement.

The former western Sydney MP is suing BuzzFeed Australia, its American parent company BuzzFeed Inc and the former BuzzFeed journalist Alice Workman.

In a case management hearing, Husar’s lawyer, Sandy Dawson SC, told the court “the matter has settled and the form of the deed has now been agreed”.

But detail over the settlement will wait until next week, because of what Dawson called a “crossing of wires” between the two parties.

“The delay is in the execution of the document by the respondent, I’m told that the CEO and the CFO for BuzzFeed in America will be executing the document on behalf of the respondent,” he said.

“And Ms Workman who is a respondent is expected to execute today.”

Husar launched defamation proceedings against BuzzFeed in December of last year over what she described as a “slut-shaming” story that led to her announcing she would not recontest her seat at the next election.

Husar said she was defamed in an article, a tweet and a Facebook post in August outlining misconduct allegations made against her and examined as part of a confidential internal Labor investigation.

She said the article claimed she had bragged about her sexual relations, sexually harassed an employee and exposed herself to a colleague and his infant son.

The article, she said, included a number of false and defamatory allegations about her including that she was “a slut who boasts about who she has had sex with, which includes other members of parliament and members of her staff”.

“I am not a bully, I am not Sharon Stone, I am not a thief and I did not deliberately misuse my work expenses,” she said, referencing the Hollywood star widely associated with a “sexually graphic film scene”, she said in parliament in December.

BuzzFeed had argued it did not use the word “slut”, and denied the imputations.

It maintained a truth defence to other allegations including that Husar is “sexually perverted” and “engaged in inappropriate sexualised behaviour toward her staff”.