Louisiana Sample Letter for Revised Release and Reference to Settlement Proceeds

• Category: Letters - Legal - Settlements
• State: Multi-State
• Control #: US-0137LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Revised Release and Reference to Settlement Proceeds — [Case Name] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to provide you with a revised release and reference to settlement proceeds in regard to the resolution of [Case Name]. The purpose of this letter is to outline the terms and conditions for the settlement agreement reached between the parties involved, ensuring a clear understanding of the released claims and the subsequent allocation of settlement proceeds. As previously discussed, the settlement agreement has been revised to reflect any changes or additional terms that were agreed upon during the negotiations. This revised release encompasses all claims, demands, liabilities, actions, and causes of action arising from the events leading up to and including the resolution of [Case Name]. By signing and returning the enclosed copy of the revised release, you acknowledge and agree to release and discharge all parties involved from any and all claims, whether known or unknown, arising out of or related to the said case. It is important to note that the settlement proceeds, as outlined in the amicable resolution reached, shall be distributed as follows: 1. Attorneys' Fees and Costs: Any outstanding attorneys' fees and costs associated with the case, per the agreed-upon terms, will be deducted upfront from the total settlement amount. 2. Client Compensation: Following the deduction of attorneys' fees and costs, the remaining settlement proceeds will be allocated to compensate you, the client, for the losses and damages suffered. This amount may vary based on the severity and impact of the case. Please note that the settlement amount is confidential and should not be disclosed to any third parties unless required by law. Upon receipt of the signed revised release, your legal representation will promptly initiate the necessary steps to disburse the settlement proceeds to you. Please allow for a reasonable processing period to ensure the accurate allocation of funds. Should you have any questions or concerns regarding the revised release and reference to settlement proceeds, please do not hesitate to contact me at [Phone Number] or [Email Address]. It is essential that you review the enclosed revised release carefully and seek independent legal advice if necessary before signing and returning the document. Thank you for your cooperation throughout the settlement process, and we anticipate a smooth resolution to this matter. We value your trust in our firm and remain committed to assisting you in any legal matters that may arise in the future. Yours sincerely, [Your Name] Enclosure: Revised Release Form.

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Revised Release and Reference to Settlement Proceeds — [Case Name] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to provide you with a revised release and reference to settlement proceeds in regard to the resolution of [Case Name]. The purpose of this letter is to outline the terms and conditions for the settlement agreement reached between the parties involved, ensuring a clear understanding of the released claims and the subsequent allocation of settlement proceeds. As previously discussed, the settlement agreement has been revised to reflect any changes or additional terms that were agreed upon during the negotiations. This revised release encompasses all claims, demands, liabilities, actions, and causes of action arising from the events leading up to and including the resolution of [Case Name]. By signing and returning the enclosed copy of the revised release, you acknowledge and agree to release and discharge all parties involved from any and all claims, whether known or unknown, arising out of or related to the said case. It is important to note that the settlement proceeds, as outlined in the amicable resolution reached, shall be distributed as follows: 1. Attorneys' Fees and Costs: Any outstanding attorneys' fees and costs associated with the case, per the agreed-upon terms, will be deducted upfront from the total settlement amount. 2. Client Compensation: Following the deduction of attorneys' fees and costs, the remaining settlement proceeds will be allocated to compensate you, the client, for the losses and damages suffered. This amount may vary based on the severity and impact of the case. Please note that the settlement amount is confidential and should not be disclosed to any third parties unless required by law. Upon receipt of the signed revised release, your legal representation will promptly initiate the necessary steps to disburse the settlement proceeds to you. Please allow for a reasonable processing period to ensure the accurate allocation of funds. Should you have any questions or concerns regarding the revised release and reference to settlement proceeds, please do not hesitate to contact me at [Phone Number] or [Email Address]. It is essential that you review the enclosed revised release carefully and seek independent legal advice if necessary before signing and returning the document. Thank you for your cooperation throughout the settlement process, and we anticipate a smooth resolution to this matter. We value your trust in our firm and remain committed to assisting you in any legal matters that may arise in the future. Yours sincerely, [Your Name] Enclosure: Revised Release Form.