Attached files
| file | filename |
|---|---|
| 8-K - 8-K - Energy Transfer, LP | etp-8xkequityofferingapril.htm |
| EX-1.1 - EXHIBIT UNDERWRITING AGREEMENT - Energy Transfer, LP | etp-exhibit1x1xunderwritin.htm |
| EX-8.1 - EXHIBIT TAX OPINION - Energy Transfer, LP | etp-exhibit8x1xopiniontaxx.htm |
| EX-99.1 - EXHIBIT PRESS RELEASE - Energy Transfer, LP | etp-exhibit99x1xetppressre.htm |
April 10, 2013
Energy Transfer Partners, L.P.
3738 Oak Lawn Avenue
Dallas, TX 75219
Re: | Registration Statement No. 333-171697; Issuance of 13,800,000 common units representing limited partner interests |
Ladies and Gentlemen:
We have acted as special counsel to Energy Transfer Partners, L.P., a Delaware limited partnership (the “Partnership”), in connection with the proposed issuance of 13,800,000 common units representing limited partner interests in the Partnership (the “Units”). The Units are included in a registration statement on Form S-3 under the Securities Act of 1933, as amended (the “Act”), filed with the Securities and Exchange Commission (the “Commission”) on January 13, 2011 (Registration No. 333-171697) (as amended, the “Registration Statement”). This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or related Prospectus Supplement dated April 5, 2013 to the Prospectus dated January 13, 2011 (collectively, the “Prospectus”), other than as expressly stated herein with respect to the issue of the Units.
As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon certificates and other assurances of officers of the general partner of the Partnership’s general partner and others as to factual matters without having independently verified such factual matters. We are opining herein as to the Delaware Revised Uniform Limited Partnership Act (the “Delaware LP Act”), and we express no opinion with respect to any other laws.
Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, when the Units have been issued by the Partnership against payment therefor in the circumstances contemplated by the underwriting agreement filed as an exhibit to the Partnership’s Current Report on Form 8-K filed with the Commission on April 10, 2013 and the Prospectus, the issue and sale of the Units will have been duly authorized by all necessary partnership action of the Partnership, and the Units will be validly issued and, under the Delaware LP Act, purchasers of the Units will have no obligation to make further payments for their purchase of the Units or contributions to the Partnership solely by reason of their ownership of the Units or their status as limited partners of the Partnership, and no personal liability for the debts, obligations and liabilities of the Partnership, whether arising in contract, tort or otherwise, solely by reason of being limited partners of the Partnership.
This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Act. We consent to your filing this opinion as an exhibit to the Partnership’s Form 8-K dated April 10, 2013 and to the reference to our firm in the Prospectus under the heading “Legal Matters.” In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.
Very truly yours,
/s/ Latham & Watkins LLP