July 02, 2010

Mr. Thomas R. Phillips Baker Botts L.L.P. 98 San Jacinto Center, Suite 1500 Austin, TX 78701

Mr. Michael Philip Aigen Lackey Hershman, L.L.P. 3102 Oak Lawn Avenue, Suite 777 Dallas, TX 75219-4241 Ms. Kennon Lathem Peterson Baker Botts, LLP 98 San Jacinto Blvd., Suite 1500 Austin, TX 78701

RE: Case Number: 06-0975 Court of Appeals Number: 05-05-00092-CV Trial Court Number: 02-1499-E & 03-01019-E

Style: GRANT THORNTON LLP v. PROSPECT HIGH INCOME FUND, ML CBO IV (CAYMAN), LTD., PAMCO CAYMAN, LTD., AND PAM CAPITAL FUNDING, L.P.

Dear Counsel:

Today the Supreme Court of Texas issued an opinion in the above- referenced cause. You may obtain a copy of the opinion at: http://www.supreme.courts.state.tx.us/historical/recent.asp. If you would like the opinion by email, please contact Claudia Jenks at [email protected] or call (512)463-1312 ext. 41367. (Justice Guzman and Justice Lehrmann not sitting)

Sincerely, [pic] Blake A. Hawthorne, Clerk by Claudia Jenks, Chief Deputy Clerk Enclosure |cc:|Ms. Lisa Matz | | |Mr. Jim Hamlin | | |Mr. Douglas W. | | |Alexander | | |Mr. E. Lee Parsley | | |Ms. Kelly M. Hnatt |