EX-5.1 2 dex51.htm OPINION OF JONES DAY Opinion of Jones Day

Exhibit 5.1

[Jones Day Letterhead]

May 13, 2011

Asbury Automotive Group, Inc.

2905 Premiere Parkway, NW, Suite 300

Duluth, Georgia 30097

 

  Re: Registration Statement on Form S-4 Filed by Asbury Automotive Group, Inc.
    Relating to the Exchange Offer

Ladies and Gentlemen:

We have acted as counsel for Asbury Automotive Group, Inc., a Delaware corporation (the “Company”), and the Subsidiary Guarantors (as defined below) in connection with the Registration Statement on Form S-4 to which this opinion has been filed as an exhibit (the “Registration Statement”). The Registration Statement relates to the proposed issuance and exchange (the “Exchange Offer”) of up to $200,000,000 aggregate principal amount of 8.375% Senior Subordinated Notes due 2020 of the Company (the “Exchange Notes”) for an equal principal amount of 8.375% Senior Subordinated Notes due 2020 of the Company outstanding on the date hereof (the “Outstanding Notes”). The Outstanding Notes have been, and the Exchange Notes will be, issued pursuant to an Indenture, dated as of November 16, 2010 (as amended, supplemented or otherwise modified, the “Indenture”), by and among the Company, the companies listed on Annex A hereto (each, a “Covered Guarantor” and, collectively, the “Covered Guarantors”), the companies listed on Annex B hereto (each, an “Other Guarantor” and, collectively the “Other Guarantors”, such Other Guarantors and the Covered Guarantors collectively referred to as the “Subsidiary Guarantors”) and The Bank of New York Mellon, as trustee (the “Trustee”). The Outstanding Notes are, and the Exchange Notes will be, guaranteed (each, a “Subsidiary Guarantee”) on a joint and several basis by the Subsidiary Guarantors.

In connection with the opinions expressed herein, we have examined such documents, records and matters of law as we have deemed relevant or necessary for purposes of such opinions.

Based on the foregoing, and subject to the further limitations, qualifications and assumptions set forth herein, we are of the opinion that:

 

  1.

The Exchange Notes, when they are executed by the Company, authenticated by the Trustee in accordance with the Indenture and issued and delivered in exchange

 


Asbury Automotive Group, Inc.

May 13, 2011

Page 2

 

 

for the Outstanding Notes in accordance with the terms of the Exchange Offer, will constitute valid and binding obligations of the Company.

 

  2. The Subsidiary Guarantee of the Exchange Notes (each, an “Exchange Guarantee” and collectively, the “Exchange Guarantees”) of each Covered Guarantor, when it is issued and delivered in exchange for the Subsidiary Guarantee of the Outstanding Notes (collectively, the “Outstanding Guarantees”) of that Covered Guarantor in accordance with the terms of the Exchange Offer, will constitute a valid and binding obligation of that Covered Guarantor.

 

  3. The Exchange Guarantee of each Other Guarantor, when it is issued and delivered in exchange for the Outstanding Guarantee of that Other Guarantor in accordance with the terms of the Exchange Offer, will constitute a valid and binding obligation of that Other Guarantor.

The opinions set forth above are subject to the following limitations, qualifications and assumptions:

For purposes of the opinions expressed herein, we have assumed that the Trustee has authorized, executed and delivered the Indenture and that the Indenture is the valid, binding and enforceable obligation of the Trustee.

The opinions expressed herein are limited by (i) bankruptcy, insolvency, reorganization, fraudulent transfer and fraudulent conveyance, voidable preference, moratorium or other similar laws, and related regulations and judicial doctrines from time to time in effect relating to or affecting creditors’ rights and remedies generally, and (ii) general equitable principles and public policy considerations, whether such principles and considerations are considered in a proceeding at law or in equity.

The opinions expressed herein are limited to the laws of the State of New York and the General Corporation Law of the State of Delaware and the Delaware Limited Liability Company Act, including applicable provisions of the Delaware Constitution and the reported judicial decisions interpreting such laws, in each case as currently in effect, and we express no opinion or view as to the effect of any other law of the State of Delaware or the laws of any other jurisdiction on the opinions expressed herein.

We are not admitted or qualified to practice law in the states of Florida, North Carolina or Oregon. Therefore, in rendering the opinion expressed in Paragraph 3 above, we have relied solely upon the opinions of (i) Hill, Ward & Henderson, P.A., a copy of which has been filed as Exhibit 5.2 to the Registration Statement, with respect to matters governed by the laws of the State of Florida, (ii) Brooks, Pierce, McLendon, Humphrey & Leonard LLP, a copy of which has been filed as Exhibit 5.3 to the Registration Statement, with respect to matters governed by the laws of the North Carolina, and (iii) Stoel Rives LLP, a copy of which has been filed as Exhibit 5.4 to the Registration Statement, with respect to matters governed by the laws of the State of Oregon.


Asbury Automotive Group, Inc.

May 13, 2011

Page 3

 

We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement and to the reference to Jones Day under the caption “Legal Matters” in the prospectus constituting a part of such Registration Statement. In giving such consent, we do not thereby admit that we are included in the category of persons whose consent is required under Section 7 of the Securities Act of 1933 or the rules and regulations of the Securities and Exchange Commission promulgated thereunder.

Very truly yours,

Jones Day


Annex A

Covered Guarantors

 

Entity

 

Jurisdiction of
Incorporation

AF Motors L.L.C.

  Delaware

ANL L.P.

  Delaware

Arkansas Automotive Services, L.L.C.

  Delaware

Asbury AR Niss L.L.C.

  Delaware

Asbury Atlanta AC L.L.C.

  Delaware

Asbury Atlanta AU L.L.C.

  Delaware

Asbury Atlanta BM L.L.C.

  Delaware

Asbury Atlanta Chevrolet L.L.C.

  Delaware

Asbury Atlanta Hon L.L.C.

  Delaware

Asbury Atlanta Inf L.L.C.

  Delaware

Asbury Atlanta Infiniti L.L.C.

  Delaware

Asbury Atlanta Jaguar L.L.C.

  Delaware

Asbury Atlanta Lex L.L.C.

  Delaware

Asbury Atlanta Nis L.L.C.

  Delaware

Asbury Atlanta Toy L.L.C.

  Delaware

Asbury Atlanta VL L.L.C.

  Delaware

Asbury Automotive Arkansas Dealership Holdings L.L.C.

  Delaware

Asbury Automotive Arkansas L.L.C.

  Delaware

Asbury Automotive Atlanta L.L.C.

  Delaware

Asbury Automotive Atlanta II L.L.C.

  Delaware

Asbury Automotive Brandon, L.P.

  Delaware

Asbury Automotive Central Florida, L.L.C.

  Delaware

Asbury Automotive Deland, L.L.C.

  Delaware

Asbury Automotive Fresno L.L.C.

  Delaware

Asbury Automotive Group L.L.C.

  Delaware

Asbury Automotive Jacksonville GP L.L.C.

  Delaware

Asbury Automotive Jacksonville, L.P.

  Delaware

Asbury Automotive Management L.L.C.

  Delaware

Asbury Automotive Mississippi L.L.C.

  Delaware

Asbury Automotive North Carolina Dealership Holdings L.L.C.

  Delaware

Asbury Automotive North Carolina L.L.C.

  Delaware

Asbury Automotive North Carolina Management L.L.C.

  Delaware

Asbury Automotive North Carolina Real Estate Holdings L.L.C.

  Delaware

 


Entity

 

Jurisdiction of
Incorporation

Asbury Automotive Oregon L.L.C.

  Delaware

Asbury Automotive Southern California L.L.C.

  Delaware

Asbury Automotive St. Louis, L.L.C.

  Delaware

Asbury Automotive St. Louis II, L.L.C.

  Delaware

Asbury Automotive Tampa GP L.L.C.

  Delaware

Asbury Automotive Tampa, L.P.

  Delaware

Asbury Automotive Texas L.L.C.

  Delaware

Asbury Automotive Texas Real Estate Holdings L.L.C.

  Delaware

Asbury Deland Imports 2, L.L.C.

  Delaware

Asbury Fresno Imports L.L.C.

  Delaware

Asbury Jax AC, L.L.C.

  Delaware

Asbury Jax Holdings, L.P.

  Delaware

Asbury Jax Hon, L.L.C.

  Delaware

Asbury Jax K, L.L.C.

  Delaware

Asbury Jax Management L.L.C.

  Delaware

Asbury Jax VW, L.L.C.

  Delaware

Asbury MS Chev, L.L.C.

  Delaware

Asbury MS Gray-Daniels L.L.C.

  Delaware

Asbury No Cal Niss L.L.C.

  Delaware

Asbury Sacramento Imports L.L.C.

  Delaware

Asbury So Cal DC L.L.C.

  Delaware

Asbury So Cal Hon L.L.C.

  Delaware

Asbury So Cal Niss L.L.C.

  Delaware

Asbury St. Louis Cadillac L.L.C.

  Delaware

Asbury St. Louis FSKR, L.L.C.

  Delaware

Asbury St. Louis Lex L.L.C.

  Delaware

Asbury St. Louis LR L.L.C.

  Delaware

Asbury St. Louis M, L.L.C.

  Delaware

Asbury Tampa Management L.L.C.

  Delaware

Asbury Texas D FSKR L.L.C

  Delaware

Asbury Texas H FSKR L.L.C

  Delaware

Asbury-Deland Imports L.L.C.

  Delaware

Atlanta Real Estate Holdings L.L.C.

  Delaware

BFP Motors L.L.C.

  Delaware

Bayway Financial Services, L.P.

  Delaware

 


Entity

 

Jurisdiction of
Incorporation

Camco Finance II L.L.C.

  Delaware

CK Chevrolet LLC

  Delaware

CK Motors LLC

  Delaware

Coggin Cars L.L.C.

  Delaware

Coggin Chevrolet L.L.C.

  Delaware

Coggin Management, L.P.

  Delaware

Crown CHH L.L.C.

  Delaware

Crown CHO L.L.C.

  Delaware

Crown CHV L.L.C.

  Delaware

Crown FDO L.L.C.

  Delaware

Crown FFO Holdings L.L.C.

  Delaware

Crown FFO L.L.C.

  Delaware

Crown GAC L.L.C.

  Delaware

Crown GBM L.L.C.

  Delaware

Crown GCA L.L.C.

  Delaware

Crown GDO L.L.C.

  Delaware

Crown GHO L.L.C.

  Delaware

Crown GNI L.L.C.

  Delaware

Crown GPG L.L.C.

  Delaware

Crown GVO L.L.C.

  Delaware

Crown Motorcar Company L.L.C.

  Delaware

Crown PBM L.L.C.

  Delaware

Crown RIA L.L.C.

  Delaware

Crown RIB L.L.C.

  Delaware

Crown SJC L.L.C.

  Delaware

Crown SNI L.L.C.

  Delaware

CSA Imports L.L.C.

  Delaware

Escude-NN L.L.C.

  Delaware

Escude-NS L.L.C.

  Delaware

Escude-T L.L.C.

  Delaware

Florida Automotive Services, L.L.C (f/k/a Asbury Automotive Florida, L.L.C.).

  Delaware

Southern Atlantic Automotive Services, L.L.C. f/k/a Georgia Automotive Services, L.L.C.

  Delaware

HFP Motors L.L.C.

  Delaware

JC Dealer Systems LLC (f/k/a Dealer Profit Systems L.L.C.)

  Delaware

KP Motors L.L.C.

  Delaware

McDavid Austin-Acra, L.L.C.

  Delaware

McDavid Frisco-Hon, L.L.C.

  Delaware

 


Entity

 

Jurisdiction of
Incorporation

McDavid Grande, L.L.C.

  Delaware

McDavid Houston-Hon, L.L.C.

  Delaware

McDavid Houston-Niss, L.L.C.

  Delaware

McDavid Irving-Hon, L.L.C.

  Delaware

McDavid Outfitters, L.L.C.

  Delaware

McDavid Plano-Acra, L.L.C.

  Delaware

Mid-Atlantic Automotive Services, L.L.C.

  Delaware

Mississippi Automotive Services, L.L.C.

  Delaware

Missouri Automotive Services, L.L.C.

  Delaware

NP FLM L.L.C.

  Delaware

NP MZD L.L.C.

  Delaware

NP VKW L.L.C.

  Delaware

Plano Lincoln-Mercury, Inc.

  Delaware

Premier NSN L.L.C.

  Delaware

Premier Pon L.L.C.

  Delaware

Prestige Bay L.L.C.

  Delaware

Prestige Toy L.L.C.

  Delaware

Tampa Hund, L.P.

  Delaware

Tampa Kia, L.P.

  Delaware

Tampa LM, L.P.

  Delaware

Tampa Mit, L.P.

  Delaware

Texas Automotive Services, L.L.C.

  Delaware

Thomason Dam L.L.C.

  Delaware

Thomason Frd L.L.C.

  Delaware

Thomason Hund L.L.C.

  Delaware

Thomason Pontiac-GMC L.L.C.

  Delaware

WMZ Motors, L.P.

  Delaware

WTY Motors, L.P.

  Delaware

 


Annex B

 

Entity

 

Jurisdiction of Organization

Avenues Motors, Ltd.

  Florida

C&O Properties, Ltd.

  Florida

CFP Motors, Ltd.

  Florida

CH Motors, Ltd.

  Florida

CHO Partnership, Ltd.

  Florida

CN Motors, Ltd.

  Florida

Coggin Automotive Corp.

  Florida

CP-GMC Motors, Ltd.

  Florida

Crown Acura/Nissan, LLC

  North Carolina

Crown Honda, LLC

  North Carolina

Precision Computer Services, Inc.

  Florida

Precision Enterprises Tampa, Inc.

  Florida

Precision Infiniti, Inc.

  Florida

Precision Motorcars, Inc.

  Florida

Precision Nissan, Inc.

  Florida

Thomason Auto Credit Northwest, Inc.

  Oregon