Chicago Illinois Sample Letter for Rejection of Settlement Offer

• Category: Letters - Legal - Settlements
• State: Multi-State
• City: Chicago
• Control #: US-0891LTR
• 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: Rejection of Settlement Offer — [Case/Claim Reference Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you of my decision to reject the settlement offer presented to me on behalf of [Plaintiff/Defendant] in regard to the [case/claim] mentioned above. After careful consideration and consultation with my legal counsel, I have concluded that the proposed settlement offer fails to adequately address the full extent of the damages and losses I have incurred as a result of the incident. Despite appreciating the effort and time put into negotiating the settlement, I strongly believe it does not reflect a fair and just resolution. Let me clarify the reasons behind my rejection of the settlement offer: 1. Lack of Adequate Compensation: The proposed settlement offer fails to cover the full extent of my economic and non-economic losses, including medical expenses, emotional distress, loss of wages, or potential future medical treatments. The compensation offered does not align with the severity of the incident and its long-lasting impact on my wellbeing. 2. Liability and Responsibility: The settlement offer does not adequately address the admission, acknowledgment, or accountability of [Plaintiff/Defendant] in relation to the incident. To ensure proper justice, it is essential that the settling party acknowledges their liability and accepts full responsibility for their actions. 3. Precedents and Case Law: After thorough research and evaluation, I have discovered legal precedents and case law that demonstrate comparable cases have yielded significantly higher settlement amounts. It is crucial to consider these precedents when assessing the adequacy of the offered settlement. 4. Future Damages: The settlement offer fails to account for any potential future damages that may arise as a result of the incident. Given the uncertain nature of certain injuries and their long-term effects, it is essential to ensure adequate compensation is provided to mitigate potential future financial burdens. 5. Additional Evidence or Arguments: I am open to considering further negotiation on the settlement offer if you are willing to present new evidence, arguments, or factors that would justify revisiting the compensation amount. However, please note that merely restating the current terms will not suffice to proceed with further discussions. In light of the reasons mentioned above, I kindly request that you revisit the settlement offer and provide a more comprehensive and reasonable proposal that accurately reflects the damages incurred and addresses my concerns. I remain committed to pursuing a fair resolution in this matter. Please consider this letter as my formal rejection of the current settlement offer. Furthermore, I encourage a prompt response by [mention a reasonable deadline, e.g., 14 days] to enable constructive discussions and potential resolution. Thank you for your understanding and cooperation. I look forward to a meaningful resolution in this matter. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Rejection of Settlement Offer — [Case/Claim Reference Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you of my decision to reject the settlement offer presented to me on behalf of [Plaintiff/Defendant] in regard to the [case/claim] mentioned above. After careful consideration and consultation with my legal counsel, I have concluded that the proposed settlement offer fails to adequately address the full extent of the damages and losses I have incurred as a result of the incident. Despite appreciating the effort and time put into negotiating the settlement, I strongly believe it does not reflect a fair and just resolution. Let me clarify the reasons behind my rejection of the settlement offer: 1. Lack of Adequate Compensation: The proposed settlement offer fails to cover the full extent of my economic and non-economic losses, including medical expenses, emotional distress, loss of wages, or potential future medical treatments. The compensation offered does not align with the severity of the incident and its long-lasting impact on my wellbeing. 2. Liability and Responsibility: The settlement offer does not adequately address the admission, acknowledgment, or accountability of [Plaintiff/Defendant] in relation to the incident. To ensure proper justice, it is essential that the settling party acknowledges their liability and accepts full responsibility for their actions. 3. Precedents and Case Law: After thorough research and evaluation, I have discovered legal precedents and case law that demonstrate comparable cases have yielded significantly higher settlement amounts. It is crucial to consider these precedents when assessing the adequacy of the offered settlement. 4. Future Damages: The settlement offer fails to account for any potential future damages that may arise as a result of the incident. Given the uncertain nature of certain injuries and their long-term effects, it is essential to ensure adequate compensation is provided to mitigate potential future financial burdens. 5. Additional Evidence or Arguments: I am open to considering further negotiation on the settlement offer if you are willing to present new evidence, arguments, or factors that would justify revisiting the compensation amount. However, please note that merely restating the current terms will not suffice to proceed with further discussions. In light of the reasons mentioned above, I kindly request that you revisit the settlement offer and provide a more comprehensive and reasonable proposal that accurately reflects the damages incurred and addresses my concerns. I remain committed to pursuing a fair resolution in this matter. Please consider this letter as my formal rejection of the current settlement offer. Furthermore, I encourage a prompt response by [mention a reasonable deadline, e.g., 14 days] to enable constructive discussions and potential resolution. Thank you for your understanding and cooperation. I look forward to a meaningful resolution in this matter. Yours sincerely, [Your Name]