Exhibit 99.3
February 3, 2023
By Email and Federal Express
Charles Flores, Registered Agent of Hell or High Ranch Water LLC
Beck Redden LLP
1221 McKinney Street, Suite 4500
Houston, Texas 77010-2029
Re: Hell or High Ranch Water LLC | Request for Document Preservation
Dear Mr. Flores:
First Foundation Inc., a financial institution with its headquarters in Dallas, Texas, sent a letter, dated February 2, 2023 (the “February 2nd Letter”), to you by email and FedEx in your capacity as registered agent of Hell or High Ranch Water LLC, a Texas limited liability company. Please promptly confirm receipt of the February 2nd Letter.
We have received the attached email communication from Abbott Cooper on February 2, 2023. Please advise whether Mr. Cooper is counsel to you, Hell or High Ranch Water or to Beck Redden LLP, as he has requested that all correspondence regarding the February 2nd Letter be sent to his attention.
| | Very truly yours, |
| | |
| | FIRST FOUNDATION INC. |
| | |
| | /s/ C. Kelly Rentzel |
| | C. Kelly Rentzel |
| | General Counsel and Corporate Secretary |
| CC: | David J. Beck, Beck Redden LLP |
Joe W. Redden, Jr., Beck Redden LLP
Driver Opportunity Partners I LP
Driver Management Company LLC
J. Abbott Cooper
Allison Ball
Lila Flores
-
February 2, 2023
Ms. Kelly Rentzel
Executive Vice President, General Counsel and Secretary
First Foundation Inc.
200 Crescent Court, Suite 1400
Dallas, TX 75201
Kelly,
I saw your “preservation notice” and my only response is: really?
You and I both know that this is a shameless (and unbelievably bush league) attempt at intimidation by conflating an entirely illegitimate request with the type of preservation notice issued in connection with litigation.
You have no legal right to request that anyone preserve documents in connection with the nomination of candidates for election to director. Normally, I would be happy to have you create a record of antagonizing the two highly qualified women that we have nominated for election to director, but the “preservation notice” is so absurd that it offends my expectations regarding the normal type of give and take typical of these situations.
I can’t help it that you and First Foundation generally were ill-prepared to deal with our nomination but that hardly justifies the nonsense embodied in your “preservation notice.”
If you have any questions for either Allison or Lila, just send them to me and maybe we can handle things in a more reasonable manner.
| | Driver Management Company LLC |
| | |
| | /s/ J. Abbott R. Cooper |
Soundview Plaza
1266 East Main Street, Suite 700R
Stamford, CT 06902
