EX-5.1 3 dex51.htm OPINION OF O'MELVENY & MYERS LLP Opinion of O'Melveny & Myers LLP

EXHIBIT 5.1

 

O’MELVENY & MYERS LLP

BEIJING

 

CENTURY CITY

 

HONG KONG

 

IRVINE SPECTRUM

 

LONDON

 

NEWPORT BEACH

 

400 South Hope Street

Los Angeles, California 90071-2899

 

TELEPHONE (213) 430-6000

FACSIMILE (213) 430-6407

www.omm.com

 

NEW YORK

 

SAN FRANCISCO

 

SHANGHAI

 

SILICON VALLEY

 

TOKYO

 

WASHINGTON, D.C.

 

April 6, 2004  

OUR FILE NUMBER

505,667-160

 

Liberman Broadcasting, Inc.

1845 West Empire Avenue

Burbank, California 91504

 

  Re: Registration of Securities of Liberman Broadcasting, Inc.

 

Ladies and Gentlemen:

 

At your request, we have examined the Registration Statement (“Registration Statement”) on Form S-1 (File No. 333-112773) of Liberman Broadcasting, Inc., a Delaware corporation (the “Company”), in connection with the registration under the Securities Act of 1933 of the Company’s Class A common stock, par value $0.01 per share, having an aggregate offering price of up to $184,000,000 (the “Securities”).

 

Subject to certain proposed additional proceedings being taken as contemplated by the Registration Statement prior to the issuance and sale of the Securities being offered by the Company, we are of the opinion that the Securities will be duly authorized by all necessary corporate action on the part of the Company and, upon payment for and delivery of the Securities as contemplated by the Registration Statement and the countersigning of the certificate or the certificates representing the Securities by a duly authorized signatory of the registrar for the Company’s Class A common stock, the Securities will be validly issued, fully paid and non-assessable.

 

We hereby consent to the use of this opinion as an exhibit to the Registration Statement and to the reference to this firm under the heading “Legal Matters” in the Prospectus constituting part of the Registration Statement.

 

Respectfully submitted,

 

/s/    O’Melveny & Myers LLP