Exhibit 5.1
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717 Texas Avenue, 16th floor |
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Houston, TX 77002 |
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Tel: +1.713.546.5400 Fax: +1.713.546.5401 |
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www.lw.com |
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FIRM / AFFILIATE OFFICES |
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April 29, 2011 |
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Tesoro Logistics LP |
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19100 Ridgewood Parkway |
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San Antonio, Texas 78259 |
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Milan |
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Re:
Registration Statement on Form S-8 with respect to 750,000 Common Units
Ladies and Gentlemen:
We have acted as special counsel to Tesoro Logistics LP, a Delaware limited partnership (the
Partnership), in connection with the proposed issuance of up to 750,000 common units representing
limited partner interests in the Partnership (the Common Units), under the terms of the Tesoro
Logistics LP 2011 Long-Term Incentive Plan (the Plan). The Common Units are included in a
registration statement on Form S-8 under the Securities Act of 1933, as amended (the Act), filed
with the Securities and Exchange Commission (the Commission) on April 29, 2011 (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, other than as expressly stated
herein with respect to the issue of the Common 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 Tesoro Logistics GP, LLC, the general partner of
the Partnership, 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 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 Common Units shall have been duly registered on the books of the transfer
agent and registrar therefor in the name or on behalf of the recipient, and have been issued by the
Partnership against payment therefor in the circumstances contemplated by the Plan, assuming in
each case that the individual grants or awards under the Plan are duly authorized by all necessary
limited partnership action and duly granted or awarded and exercised
April 29, 2011
Page 2
in accordance with the
requirements of law and the Plan (and the agreements and awards duly adopted thereunder and in
accordance therewith), the issuance and sale of the Common Units will have been duly authorized by
all necessary limited partnership action of the Partnership , and the Common Units will be validly
issued, fully paid and nonassessable.
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 Registration Statement. 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