This document settles the claims of partners in a small, general practice law firm that is going through dissolution. It provides for the monetary sums to be received by the two former partners, along with their respective duties for completing the close of the partnership
Kentucky Settlement Agreement Resolving Claims of a Small General Practice Firm
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A notice of claim may be handed to you personally by the party suing you or by another person, or it can be sent to you by registered mail. If you're hard to find, the court may order that you be notified in some other way, such as by a notice posted on your front door or an ad in the local newspaper.
The Small Claims Division of District Court in each Kentucky county settles disputes involving money or personal property valued at $2,500 or less. The $2,500 limit does not include interest and court costs. The jurisdiction for the Small Claims Division is found in KRS 24A. 230.
Being sued in small claims court can be very stressful. This article explains the procedure for defending yourself against a claim. You have several options, including settling the case through mediation, which is provided free of charge.
An oral motion may be made during a hearing or trial, but motions are usually in writing and filed with the Office of Circuit Court Clerk. Often motions have a ?memorandum? filed with them that explains the legal reasons why the court should grant the motion.
The agreement should set forth what money is being paid for, i.e., the type of damages, as well as the claims it is being paid on. If some damages are taxable and some are not, the settlement agreement should set out, in as much detail as possible, the proportions and rationale.
The summons shall be issued in the name of the Commonwealth, be dated and signed by the clerk, contain the name of the court and the style and number of the action, and be directed to each defendant, notifying him that a legal action has been filed against him and that unless a written defense is made by him or by an ...
If you can prove that a settlement is flawed, you can have it overturned. If a settlement agreement is signed under duress or deception, it might not be legal. A settlement agreement may also be revoked due to a mistake made by both parties or a false statement made by the other party.
What Should Be Included in a Settlement Agreement? Identifying information for all involved parties. A description of the issue you're seeking to settle. An offer of resolutions that both parties agree to. Proof of valid consideration from both parties without coercion or duress. Legal purpose.