May 6, 2009
Cinemark Holdings, Inc.
3900 Dallas Parkway, Suite 500
Plano, TX 75093
Re: |
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Cinemark Holdings, Inc.
Registration Statement on Form S-3 |
Ladies and Gentlemen:
We have acted as counsel to Cinemark Holdings, Inc., a Delaware corporation (the Company),
in connection with the registration, pursuant to a registration statement on Form S-3, as the same
may be amended from time to time (the Registration Statement), filed with the Securities and
Exchange Commission under the Securities Act of 1933, as amended (the Act), of the offering and
sale by the selling stockholders set forth on Exhibit A attached hereto and listed in the
Registration Statement (the Selling Stockholders) of up to 76,494,511 shares (the Selling
Stockholder Shares) of the Companys common stock, par value $0.001 per share (Common Stock).
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, the conformity to authentic original documents of all copies submitted to us as
conformed and 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 set forth hereinafter, we are of the opinion that the Selling Stockholder Shares have
been duly authorized and validly issued and are fully paid and non-assessable.
The opinions and other matters in this letter are qualified in their entirety and subject to
the following:
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A. |
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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. |
Cinemark Holdings, Inc.
May 6, 2009
Page 2
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B. |
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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 obligation, 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 as an exhibit to the Registration Statement
and to the use of our name in the Prospectus forming a part of the Registration Statement under the
caption Legal Matters. 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. We also consent to your filing copies of this opinion as an exhibit to the
Registration Statement.
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Very truly yours,
/s/ AKIN, GUMP, STRAUSS, HAUER & FELD, L.L.P.
AKIN, GUMP, STRAUSS, HAUER & FELD, L.L.P.
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EXHIBIT A
SELLING STOCKHOLDERS
Madison Dearborn Capital Partners IV, L.P.
Syufy Enterprises LP
Quadrangle Capital Partners LP
Quadrangle Capital Partners A LP
Quadrangle (Cinemark) Capital Partners LP
Quadrangle Select Partners LP
Lee Roy Mitchell
The Mitchell Special Trust