However, the joint statement did not say whether the suit was withdrawn and all three refused to comment.
Wynne launched her $2-million suit in April last year after the Tory politicians said she oversaw — and possibly ordered — the destruction of documents related to two cancelled gas plants.
The premier later said all she wanted was an apology for the statements made in the run-up to the June 2014 provincial election, while MacLeod accused Wynne of trying to stifle criticism.
"The debate went beyond differences over our approach and at times became personal," the statement says.
"The lawsuit between us, and the comments that led to it, did not reflect our view that the other is in fact a great mother/father, an honourable person and a dedicated public servant."
In March 2014, Hudak suggested criminal conduct took place in Wynne's office related to the document destruction that became fodder for a provincial police investigation.
The premier said that kind of assertion went beyond the political pale.
"These allegations and accusations are false and utterly unsupported," Wynne said at the time in an open letter to Hudak.
The premier's office also said any damages received through the suit would be given to charity, but the Liberal party would cover any expenses incurred.
In a statement of defence to the lawsuit Hudak and MacLeod claimed qualified privilege, saying the public had a "corresponding interest" in hearing their allegations.
The trio now say they want to remind the public that politics is at its best when done in "open and free debate based on respect and honesty" even though politicians may disagree and conflict is an "essential element" of the parliamentary system.
"However, our system also requires that politicians act honestly and based on fact, while respecting the views of others," the statement says.
"While politics exposes differences of opinion, more often than not those opinions differ over how we should achieve our goals, and not the goals themselves."
In that light, they say, members of the legislature are to be considered "honourable" and their motivations are, by rule, "beyond reproach."
Despite the gas-plant scandal, Wynne won an unexpected majority in the election that cost Hudak his job as Tory leader.
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