Exhibit 5
September 27, 2007
Cinemark Holdings, Inc.
3900 Dallas Parkway, Suite 500
Plano, Texas 75093
Re: Cinemark Holdings, Inc.
Registration Statement on Form S-8
Ladies and Gentlemen:
We have acted as counsel to Cinemark Holdings, Inc., a Delaware corporation (the Company),
in connection with the preparation and filing by the Company with the Securities and Exchange
Commission of a Registration Statement on Form S-8 (the Registration Statement), under the
Securities Act of 1933, as amended (the Act). The Registration Statement relates to the offer
and sale by the Company of up to 9,077,370 shares (the Shares) of the Companys common stock, par
value $0.001 per share (Common Stock), issuable under the Cinemark Holdings, Inc. 2006 Long Term
Incentive Plan, as such plan is described in the Registration Statement (the Plan). This opinion
is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under
the Act.
We have examined originals or certified copies of such corporate records of the Company and
other certificates and documents of officials of the Company, public officials and others as we
have deemed appropriate for purposes of this letter. We have assumed the genuineness of all
signatures, the legal capacity of all natural persons, the authenticity of all documents submitted
to us as originals and the conformity to authentic original documents of all copies submitted to
us as conformed, certified or reproduced copies. As to various questions of fact relevant to this
letter, we have relied, without independent investigation, upon certificates of public officials
and certificates of officers of the Company, all of which we assume to be true, correct and
complete.
Based upon the foregoing, and subject to the assumptions, exceptions, qualifications and
limitations stated herein, we are of the opinion that when the Registration Statement has become
effective under the Act and when the Shares have been issued, sold and delivered in compliance with
the Plan and applicable federal and state securities laws and in the manner described in the
Registration Statement, the Shares will be duly authorized, validly issued, fully paid and
non-assessable.
The opinions and other matters in this letter are qualified in their entirety and subject to
the following:
1700 Pacific Avenue, Suite 4100 / Dallas, Texas 75201-4675 / 214.969.2800 / fax: 214.969.4343 / akingump.com
Cinemark Holdings, Inc.
September 27, 2007
Page 2
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We express no opinion as to the laws of any jurisdiction other than the General
Corporation Law of the State of Delaware. |
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This opinion letter is limited to the matters expressly stated herein and no
opinion is to be inferred or implied beyond the opinion expressly set forth herein. We
undertake no, and hereby disclaim any, obligation to make any inquiry after the date
hereof or to advise you of any changes in any matter set forth herein, whether based on
a change in the law, a change in any fact relating to the Company or any other person
or any other circumstance. |
We
hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement.
In giving this consent, we do not thereby admit that we are within the category of persons whose
consent is required under Section 7 of the Act and the rules and regulations thereunder.
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Very truly yours, |
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/s/ AKIN, GUMP, STRAUSS, HAUER & FELD, L.L.P. |
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AKIN, GUMP, STRAUSS, HAUER & FELD, L.L.P. |