Since 2008, Northamptonshire County Council (NCC) and Mrs Bone have been in disagreement over who pays her mother's care home fees - a story which has appeared in several local and national newspapers.
The allegations in many of these articles have been inaccurate. NCC and Mrs Bone are issuing this statement to end speculation over the matter.
Both parties have reached a settlement, Mrs Bone did not admit any liability or wrongdoing in the case brought against her.
The terms of this agreement are confidential and will not be disclosed by either party, save as in this statement. In addition, Mr Peter Bone MP, who never was a party in this dispute, and has never been involved in any litigation with NCC, has agreed not to pursue his Personal Access Request with NCC.
Neither party will make any further comments or statements on the details of this settlement.