Maryland 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 [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position/Title] [Company/Organization Name] [Address] [City, State, ZIP] Subject: Confirmation of Settlement via Telephone Conversation — [Case/File Number] Dear [Recipient's Name], I am writing to confirm the settlement agreement reached during our telephone conversation earlier today regarding the legal matter concerning [Case/File Number]. This letter serves as an official confirmation of the terms discussed and agreed upon during our telephonic settlement conference. Firstly, I would like to express my gratitude for your cooperation and willingness to engage in productive discussions that have ultimately led to a mutually acceptable resolution. It is our shared belief that settling this matter outside the courtroom is in the best interest of all parties involved, saving time, costs, and potential legal complexities. As discussed during our conversation, I have outlined below the key terms and conditions of the settlement agreement: 1. Parties Involved: — Plaintiff: [Plaintiff's Name— - Defendant: [Defendant's Name(s)] 2. Case Details: — Case/File Number: [Case/File Number— - Court: [Court Name] — Jurisdiction: [Maryland] 3. Settlement Terms: — Payment AmounEX$X] (Specify the exact agreed-upon settlement amount) — Payment Method: [Specify the method of payment, e.g., check, wire transfer, etc.] — Payment Due Date: [Specify the agreed-upon deadline for payment] — Confidentiality Clause: [Specify any confidentiality terms if applicable] — Release of Claims: [Specify that both parties agree to release each other from any further claims related to the case] — Future Cooperation: [Specify any other agreed terms related to future cooperation or actions] — Governing Law: [Specify the governing law, typically Maryland state laws] 4. Conclusion: As per our telephonic conversation and the terms outlined above, both parties agree and confirm the settlement of the aforementioned legal matter. To ensure transparency and avoid any potential disputes in the future, I kindly request that you acknowledge this settlement confirmation by signing and returning a copy of this letter to me within [number of days, e.g., 5 business days]. You may use the enclosed self-addressed stamped envelope for your convenience. Please note that this settlement confirmation letter, along with signed copies, will be stored as part of the official record for future reference. Should you have any further questions or concerns regarding the settlement agreement, please do not hesitate to contact me directly via phone or email. I appreciate your time and attention to this matter. Thank you for your cooperation, and I look forward to the successful execution of this settlement agreement. Yours sincerely, [Your Name] [Your Title/Position] [Your Company/Organization Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position/Title] [Company/Organization Name] [Address] [City, State, ZIP] Subject: Confirmation of Settlement via Telephone Conversation — [Case/File Number] Dear [Recipient's Name], I am writing to confirm the settlement agreement reached during our telephone conversation earlier today regarding the legal matter concerning [Case/File Number]. This letter serves as an official confirmation of the terms discussed and agreed upon during our telephonic settlement conference. Firstly, I would like to express my gratitude for your cooperation and willingness to engage in productive discussions that have ultimately led to a mutually acceptable resolution. It is our shared belief that settling this matter outside the courtroom is in the best interest of all parties involved, saving time, costs, and potential legal complexities. As discussed during our conversation, I have outlined below the key terms and conditions of the settlement agreement: 1. Parties Involved: — Plaintiff: [Plaintiff's Name— - Defendant: [Defendant's Name(s)] 2. Case Details: — Case/File Number: [Case/File Number— - Court: [Court Name] — Jurisdiction: [Maryland] 3. Settlement Terms: — Payment AmounEX$X] (Specify the exact agreed-upon settlement amount) — Payment Method: [Specify the method of payment, e.g., check, wire transfer, etc.] — Payment Due Date: [Specify the agreed-upon deadline for payment] — Confidentiality Clause: [Specify any confidentiality terms if applicable] — Release of Claims: [Specify that both parties agree to release each other from any further claims related to the case] — Future Cooperation: [Specify any other agreed terms related to future cooperation or actions] — Governing Law: [Specify the governing law, typically Maryland state laws] 4. Conclusion: As per our telephonic conversation and the terms outlined above, both parties agree and confirm the settlement of the aforementioned legal matter. To ensure transparency and avoid any potential disputes in the future, I kindly request that you acknowledge this settlement confirmation by signing and returning a copy of this letter to me within [number of days, e.g., 5 business days]. You may use the enclosed self-addressed stamped envelope for your convenience. Please note that this settlement confirmation letter, along with signed copies, will be stored as part of the official record for future reference. Should you have any further questions or concerns regarding the settlement agreement, please do not hesitate to contact me directly via phone or email. I appreciate your time and attention to this matter. Thank you for your cooperation, and I look forward to the successful execution of this settlement agreement. Yours sincerely, [Your Name] [Your Title/Position] [Your Company/Organization Name]