Cook Illinois Sample Letter Notifying City of Counsel's Refusal to Submit Proposal to Serve as Bond Counsel

• Category: Letters - Legal - Bond Issue
• State: Multi-State
• County: Cook
• Control #: US-0440LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Notification of Counsel's Refusal to Submit Proposal as Bond Counsel for Cook Illinois Dear [City Official/Name], I hope this letter finds you well. I am writing to inform you of a critical development regarding the bond counsel proposal for Cook Illinois. It is with regret that I must convey our decision to decline the opportunity to submit a proposal to serve as bond counsel for the city. As [Law Firm Name], we were honored to be invited to participate in this significant project, and we sincerely appreciate the trust and confidence you placed in our expertise. However, after conducting a thorough internal review and careful consideration, we have determined that we are unable to submit a proposal for the following reasons: 1. Conflict of Interest: We have recently taken on a new client whose interests directly conflict with those of Cook Illinois. As a responsible and ethical law firm, we prioritize our duty to maintain complete impartiality and avoid any potential conflict that could compromise the integrity of our services. Regrettably, this new client's engagement poses an insurmountable conflict of interest. 2. Capacity and Resources: Given our ongoing commitments and workload, we have realized that dedicating the necessary resources to fully support the bond counsel engagement would not be feasible within our current capabilities. In order to provide the highest standard of service, we believe it is essential to focus our attention and resources on our existing clients. Thus, we are unable to commit to a new engagement at this time. While our inability to submit a proposal represents a disappointment for us, we understand the importance of securing a bond counsel that fully aligns with the city's requirements and expectations. We encourage you to explore alternative firms with excellent reputations and robust experience in municipal finance and bond-related legal matters. Should you require any referrals or recommendations, we will gladly provide a list of reputable bond counsel firms that may be suitable for your consideration. Our goal is to ensure that you have access to the best possible legal expertise to address Cook Illinois' bonding needs. We remain committed to supporting Cook Illinois with any other legal matters that may arise in the future. If there are other ways we can be of service or if you would like to discuss this matter further, please do not hesitate to reach out to us. Our team is always available to provide guidance and assist you in finding the most appropriate solutions. Thank you for your understanding and for the opportunity to be considered as bond counsel for Cook Illinois. We wish you success in identifying the best bond counsel to meet the city's specific requirements. Yours sincerely, [Your Name] [Title/Position] [Law Firm Name] [Contact Information]

Subject: Notification of Counsel's Refusal to Submit Proposal as Bond Counsel for Cook Illinois Dear [City Official/Name], I hope this letter finds you well. I am writing to inform you of a critical development regarding the bond counsel proposal for Cook Illinois. It is with regret that I must convey our decision to decline the opportunity to submit a proposal to serve as bond counsel for the city. As [Law Firm Name], we were honored to be invited to participate in this significant project, and we sincerely appreciate the trust and confidence you placed in our expertise. However, after conducting a thorough internal review and careful consideration, we have determined that we are unable to submit a proposal for the following reasons: 1. Conflict of Interest: We have recently taken on a new client whose interests directly conflict with those of Cook Illinois. As a responsible and ethical law firm, we prioritize our duty to maintain complete impartiality and avoid any potential conflict that could compromise the integrity of our services. Regrettably, this new client's engagement poses an insurmountable conflict of interest. 2. Capacity and Resources: Given our ongoing commitments and workload, we have realized that dedicating the necessary resources to fully support the bond counsel engagement would not be feasible within our current capabilities. In order to provide the highest standard of service, we believe it is essential to focus our attention and resources on our existing clients. Thus, we are unable to commit to a new engagement at this time. While our inability to submit a proposal represents a disappointment for us, we understand the importance of securing a bond counsel that fully aligns with the city's requirements and expectations. We encourage you to explore alternative firms with excellent reputations and robust experience in municipal finance and bond-related legal matters. Should you require any referrals or recommendations, we will gladly provide a list of reputable bond counsel firms that may be suitable for your consideration. Our goal is to ensure that you have access to the best possible legal expertise to address Cook Illinois' bonding needs. We remain committed to supporting Cook Illinois with any other legal matters that may arise in the future. If there are other ways we can be of service or if you would like to discuss this matter further, please do not hesitate to reach out to us. Our team is always available to provide guidance and assist you in finding the most appropriate solutions. Thank you for your understanding and for the opportunity to be considered as bond counsel for Cook Illinois. We wish you success in identifying the best bond counsel to meet the city's specific requirements. Yours sincerely, [Your Name] [Title/Position] [Law Firm Name] [Contact Information]