Kentucky Sample Letter Confirmation concerning Settlement via Telephone Conversation

• Category: Letters - Legal - Settlements
• State: Multi-State
• Control #: US-0345LTR
• Format: Word; Rich Text

Description

Sample Letter Confirmation concerning Settlement via Telephone Conversation Dear [Receiver's Name], I am writing to confirm our recent telephone conversation regarding the settlement of [Case/Dispute/Claim] between [Plaintiff/Claimant] and [Defendant/Respondent]. As agreed, this letter serves as a confirmation of the terms discussed and accepted during our verbal exchange. Pursuant to our conversation on [Date], we have mutually agreed upon the following terms for settlement regarding the aforementioned matter: 1. Release: Upon receipt of the full settlement amount as specified below, [Plaintiff/Claimant] agrees to release and discharge [Defendant/Respondent], and any person acting on their behalf or connected with them, from all present and future claims, demands, liabilities, actions, and causes of action related to the Case/Dispute/Claim. 2. Settlement Amount: The settlement amount agreed upon is [Dollar Amount in Numerical Value] USD (United States Dollars). This amount covers all outstanding issues related to the Case/Dispute/Claim and is considered a final resolution of all involved matters. 3. Payment Terms: [Defendant/Respondent] agrees to remit the settlement amount in full within [Number of Days/Weeks/Months] of the date of this written confirmation. Payment should be made via [Payment Method], with further details provided as follows: [Specify Payment Details], such as bank account information or instructions for a check or wire transfer. 4. Mutual Non-Disclosure Agreement: Both parties mutually agree to maintain strict confidentiality regarding the terms of this settlement. No party shall disclose or discuss the terms, discussions, or negotiations of the settlement agreement, except as required by law or with the express written consent of both parties. 5. Governing Law: This settlement agreement shall be governed and construed in accordance with the laws of the state of Kentucky. Please note that this letter is intended as a formal confirmation of our agreement and should be considered legally binding upon both parties upon receipt. The settlement shall be deemed complete and final upon the receipt of the settlement amount. Kindly sign and return a copy of this letter to indicate your acknowledgment and acceptance of the terms outlined herein. Should you have any questions or require further clarification, please do not hesitate to contact me at [Your Contact Information]. Thank you for your cooperation, and we look forward to the timely resolution of this matter. Yours sincerely, [Your Name] [Your Title/Organization] [Your Contact Information] --- Types of Kentucky Sample Letter Confirmations concerning Settlement via Telephone Conversation: 1. Kentucky Sample Letter Confirmation concerning Settlement in Civil Litigation: This type of confirmation letter is specifically tailored for settling civil litigation cases in Kentucky. The content and language of the letter revolve around the specific legal requirements and terminology applicable to civil disputes in the state. 2. Kentucky Sample Letter Confirmation concerning Settlement in Employment Dispute: This letter is designed for settling employment-related disputes in Kentucky. It includes relevant state-specific employment laws, regulations, and key terms commonly used in employment dispute settlements. 3. Kentucky Sample Letter Confirmation concerning Settlement in Personal Injury Case: Personal injury cases require specific legal considerations and terminology. This type of confirmation letter is aimed at settling personal injury cases in Kentucky, addressing key elements such as medical expenses, pain and suffering, and future medical treatment. 4. Kentucky Sample Letter Confirmation concerning Settlement in Insurance-Related Disputes: Insurance disputes often require unique settlement procedures. This letter is specifically crafted for settling various types of insurance disputes in Kentucky, including property damage, auto accidents, and liability claims. 5. Kentucky Sample Letter Confirmation concerning Settlement in Business Disputes: This type of confirmation letter is used for settling business-related disputes in Kentucky, such as breach of contract, partnership disputes, or commercial litigation. The content focuses on legal provisions and contract terms relevant to resolving business conflicts in the state.

Dear [Receiver's Name], I am writing to confirm our recent telephone conversation regarding the settlement of [Case/Dispute/Claim] between [Plaintiff/Claimant] and [Defendant/Respondent]. As agreed, this letter serves as a confirmation of the terms discussed and accepted during our verbal exchange. Pursuant to our conversation on [Date], we have mutually agreed upon the following terms for settlement regarding the aforementioned matter: 1. Release: Upon receipt of the full settlement amount as specified below, [Plaintiff/Claimant] agrees to release and discharge [Defendant/Respondent], and any person acting on their behalf or connected with them, from all present and future claims, demands, liabilities, actions, and causes of action related to the Case/Dispute/Claim. 2. Settlement Amount: The settlement amount agreed upon is [Dollar Amount in Numerical Value] USD (United States Dollars). This amount covers all outstanding issues related to the Case/Dispute/Claim and is considered a final resolution of all involved matters. 3. Payment Terms: [Defendant/Respondent] agrees to remit the settlement amount in full within [Number of Days/Weeks/Months] of the date of this written confirmation. Payment should be made via [Payment Method], with further details provided as follows: [Specify Payment Details], such as bank account information or instructions for a check or wire transfer. 4. Mutual Non-Disclosure Agreement: Both parties mutually agree to maintain strict confidentiality regarding the terms of this settlement. No party shall disclose or discuss the terms, discussions, or negotiations of the settlement agreement, except as required by law or with the express written consent of both parties. 5. Governing Law: This settlement agreement shall be governed and construed in accordance with the laws of the state of Kentucky. Please note that this letter is intended as a formal confirmation of our agreement and should be considered legally binding upon both parties upon receipt. The settlement shall be deemed complete and final upon the receipt of the settlement amount. Kindly sign and return a copy of this letter to indicate your acknowledgment and acceptance of the terms outlined herein. Should you have any questions or require further clarification, please do not hesitate to contact me at [Your Contact Information]. Thank you for your cooperation, and we look forward to the timely resolution of this matter. Yours sincerely, [Your Name] [Your Title/Organization] [Your Contact Information] --- Types of Kentucky Sample Letter Confirmations concerning Settlement via Telephone Conversation: 1. Kentucky Sample Letter Confirmation concerning Settlement in Civil Litigation: This type of confirmation letter is specifically tailored for settling civil litigation cases in Kentucky. The content and language of the letter revolve around the specific legal requirements and terminology applicable to civil disputes in the state. 2. Kentucky Sample Letter Confirmation concerning Settlement in Employment Dispute: This letter is designed for settling employment-related disputes in Kentucky. It includes relevant state-specific employment laws, regulations, and key terms commonly used in employment dispute settlements. 3. Kentucky Sample Letter Confirmation concerning Settlement in Personal Injury Case: Personal injury cases require specific legal considerations and terminology. This type of confirmation letter is aimed at settling personal injury cases in Kentucky, addressing key elements such as medical expenses, pain and suffering, and future medical treatment. 4. Kentucky Sample Letter Confirmation concerning Settlement in Insurance-Related Disputes: Insurance disputes often require unique settlement procedures. This letter is specifically crafted for settling various types of insurance disputes in Kentucky, including property damage, auto accidents, and liability claims. 5. Kentucky Sample Letter Confirmation concerning Settlement in Business Disputes: This type of confirmation letter is used for settling business-related disputes in Kentucky, such as breach of contract, partnership disputes, or commercial litigation. The content focuses on legal provisions and contract terms relevant to resolving business conflicts in the state.