Oklahoma Sample Letter to Opposing Counsel with Settlement Offer

State:
Multi-State
Control #:
US-0011LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

Subject: Resolution Proposal — Settlement Offer for the Oklahoma Case [Your Name] [Your Law Firm] [Address] [City, State, ZIP] [Phone Number] [Email Address] [Date] [Opposing Counsel's Name] [Opposing Counsel's Law Firm] [Address] [City, State, ZIP] Dear [Opposing Counsel's Name], RE: Case Settlement Offer — [State the Case Name and Number] I hope this letter finds you well. As we progress through the legal proceedings in the aforementioned case, we believe that it is in the best interest of both parties to explore the possibility of reaching a fair and amicable settlement before proceeding with the adversarial process. We understand the costs, uncertainties, and burdens associated with protracted litigation. Therefore, after careful consideration and consultation with our client, we propose the following settlement offer: 1. Offered Settlement Amount: [Specify the monetary figure proposed as the settlement amount, e.g., "$100,000"] 2. Terms of Payment: We propose the settlement amount to be paid to our client, [Your Client's Name], in a lump sum within [specify a specific timeframe, e.g., 30 days] of the acceptance of this settlement offer. 3. Release of Liability: In accepting this settlement offer, both parties agree to release each other from any and all current or future claims, actions, or liabilities related to the above-mentioned case, including any legal fees or costs incurred by either party. 4. Confidentiality: Both parties agree to maintain strict confidentiality regarding the terms and conditions of this settlement agreement, except as required by law. 5. Dismissal of All Claims: Upon acceptance of this settlement offer and receipt of the settlement amount, both parties shall execute all necessary documents to formally dismiss all claims, counterclaims, cross-claims, and related actions associated with the lawsuit, with prejudice, thereby effectively terminating the litigation. Please understand that this settlement offer is merely a starting point for negotiations and is made without prejudice, as we are open to discussion and modification of the terms and figures to facilitate a mutually favorable resolution. We firmly believe that this settlement proposal offers a fair and reasonable resolution under the circumstances. We eagerly await your response to this settlement offer and suggest that we schedule a meeting or hold further discussions to deliberate on the terms and reach a mutually agreeable settlement. In the spirit of cooperation, we are willing to consider any counteroffers within a reasonable timeframe. Should you require any additional documentation, clarification, or wish to discuss this offer, please do not hesitate to contact me at your convenience. We look forward to finding a resolution that serves the best interests of both parties involved and avoids the costs and uncertainty of continued litigation. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Law Firm] [Phone Number] [Email Address]

Subject: Resolution Proposal — Settlement Offer for the Oklahoma Case [Your Name] [Your Law Firm] [Address] [City, State, ZIP] [Phone Number] [Email Address] [Date] [Opposing Counsel's Name] [Opposing Counsel's Law Firm] [Address] [City, State, ZIP] Dear [Opposing Counsel's Name], RE: Case Settlement Offer — [State the Case Name and Number] I hope this letter finds you well. As we progress through the legal proceedings in the aforementioned case, we believe that it is in the best interest of both parties to explore the possibility of reaching a fair and amicable settlement before proceeding with the adversarial process. We understand the costs, uncertainties, and burdens associated with protracted litigation. Therefore, after careful consideration and consultation with our client, we propose the following settlement offer: 1. Offered Settlement Amount: [Specify the monetary figure proposed as the settlement amount, e.g., "$100,000"] 2. Terms of Payment: We propose the settlement amount to be paid to our client, [Your Client's Name], in a lump sum within [specify a specific timeframe, e.g., 30 days] of the acceptance of this settlement offer. 3. Release of Liability: In accepting this settlement offer, both parties agree to release each other from any and all current or future claims, actions, or liabilities related to the above-mentioned case, including any legal fees or costs incurred by either party. 4. Confidentiality: Both parties agree to maintain strict confidentiality regarding the terms and conditions of this settlement agreement, except as required by law. 5. Dismissal of All Claims: Upon acceptance of this settlement offer and receipt of the settlement amount, both parties shall execute all necessary documents to formally dismiss all claims, counterclaims, cross-claims, and related actions associated with the lawsuit, with prejudice, thereby effectively terminating the litigation. Please understand that this settlement offer is merely a starting point for negotiations and is made without prejudice, as we are open to discussion and modification of the terms and figures to facilitate a mutually favorable resolution. We firmly believe that this settlement proposal offers a fair and reasonable resolution under the circumstances. We eagerly await your response to this settlement offer and suggest that we schedule a meeting or hold further discussions to deliberate on the terms and reach a mutually agreeable settlement. In the spirit of cooperation, we are willing to consider any counteroffers within a reasonable timeframe. Should you require any additional documentation, clarification, or wish to discuss this offer, please do not hesitate to contact me at your convenience. We look forward to finding a resolution that serves the best interests of both parties involved and avoids the costs and uncertainty of continued litigation. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Law Firm] [Phone Number] [Email Address]

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Oklahoma Sample Letter to Opposing Counsel with Settlement Offer