On August 12, 2015 a
Exhibit,Appendix
was filed
involving a dispute between
Parsons, Roger D (In His Capacity As Trustee Of The Ll & E Royalty Tr,
and
Bank Of New York Mellon,
Bank Of New York Mellon Trust Company N A,
Breitburn Energy Partners Lp,
Breitburn Management Company Llc,
Conocophillips Company,
Maverick Natural Resources, Llc As Trustee Of Ll&E Royalty Trust,
Qr Energy Lp,
Quantum Resources Management Llc,
Stifel Nicolaus & Company Inc,
Maverick Natural Resources Llc,
Parsons, Roger D (In His Capacity As Trustee Of The Ll & E Royalty Tr,
The Louisiana Land And Exploration Company Llc,
for HOMEOWNERS ASSOCIATION
in the District Court of Harris County.
Preview
EXHIBIT
Hs mena =——— —
> D
Johanna Spellman 330 North Wabash Avenue, Sulte 2800
Direct Dial: 4-312-777-7039 Chicago, tlinols 60614
Emall: johanna,spellman@lw.com Tel: +1.312.876.7700 Fax: +1.312,983,9767
www.tw.com
FIRM / AFFILIATE OFFICES
LATHAMeWATKINS ‘Abu Dhabi Milan
Barcelona Moscow
Bejing Munich
Boston New Jersey
Brussels New York,
Chicago Orange County
May 29, 2015 Doha Paris
Dubal Riyadh
Diisseldort Rome
VIA E-MAIL ONLY Frankfurt San Diego
Hamburg San Francisco
David E. Plunkett Hong Kong Shanghal
Houston Sillcon Valley
Williams Williams Ratner & Plunkett, P.C. London Singapore
380 North Old Woodward Avenue, Suite 300 Los Angeles Tokyo
Birmingham, Michigan 48009 Madrid ‘Washington, D.C,
dep@wwrplaw.com
Re Correspondence
Dear David,
I write in response to your April 14, 2015 letter requesting that “QR Energy, LP n/k/a
Breitburn Energy Partuers, L.P.” transfer all of the funds in a Wells Fargo Securities account to
“an escrow account held in the name of the Trust.” QR Energy, LP is not now known as
Breitburn Energy Partners, LP.
The Special Cost Escrow Account is governed by the express terms of the Conveyance.
Article VII(h) of the Conveyance authorizes the Assignor, “in its sole discretion,” to “tefrain
from actually placing funds in escrow but nevertheless calculate and pay amounts attributable to
the Overriding Royalty Interest as if funds had been placed in escrow or released from escrow or
as if interest had been earned thereon[.]” QRE Operating, LLC (“QRE Operating”) has already
exceeded the requirements of the Conveyance by establishing the current escrow account. QRE
Operating will continue to act as authorized pursuant to Article VII(h) of the Conveyance and
does not agree to your client’s request to establish “an escrow account held in the name of the
Trust” at this time.
Sincerely,
Go-?* pte
Johanna Spellman
of LATHAM & WATKINS LLP
cc: Thomas J. Heiden
Ernest J. Essad, Jr.
Document Filed Date
April 29, 2021
Case Filing Date
August 12, 2015
Category
HOMEOWNERS ASSOCIATION
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EXHIBIT Hs mena =——— — > D Johanna Spellman 330 North Wabash Avenue, Sulte 2800 Direct Dial: 4-312-777-7039 Chicago, tlinols 60614 Emall: johanna,spellman@lw.com Tel: +1.312.876.7700 Fax: +1.312,983,9767 www.tw.com FIRM / AFFILIATE OFFICES LATHAMeWATKINS ‘Abu Dhabi Milan Barcelona Moscow Bejing Munich Boston New Jersey Brussels New York, Chicago Orange County May 29, 2015 Doha Paris Dubal Riyadh Diisseldort Rome VIA E-MAIL ONLY Frankfurt San Diego Hamburg San Francisco David E. Plunkett Hong Kong Shanghal Houston Sillcon Valley Williams Williams Ratner & Plunkett, P.C. London Singapore 380 North Old Woodward Avenue, Suite 300 Los Angeles Tokyo Birmingham, Michigan 48009 Madrid ‘Washington, D.C, dep@wwrplaw.com Re Correspondence Dear David, I write in response to your April 14, 2015 letter requesting that “QR Energy, LP n/k/a Breitburn Energy Partuers, L.P.” transfer all of the funds in a Wells Fargo Securities account to “an escrow account held in the name of the Trust.” QR Energy, LP is not now known as Breitburn Energy Partners, LP. The Special Cost Escrow Account is governed by the express terms of the Conveyance. Article VII(h) of the Conveyance authorizes the Assignor, “in its sole discretion,” to “tefrain from actually placing funds in escrow but nevertheless calculate and pay amounts attributable to the Overriding Royalty Interest as if funds had been placed in escrow or released from escrow or as if interest had been earned thereon[.]” QRE Operating, LLC (“QRE Operating”) has already exceeded the requirements of the Conveyance by establishing the current escrow account. QRE Operating will continue to act as authorized pursuant to Article VII(h) of the Conveyance and does not agree to your client’s request to establish “an escrow account held in the name of the Trust” at this time. Sincerely, Go-?* pte Johanna Spellman of LATHAM & WATKINS LLP cc: Thomas J. Heiden Ernest J. Essad, Jr.