EX-5.1 2 y84923exv5w1.htm EX-5.1 exv5w1
Exhibit 5.1
[Letterhead of Town Sports International Holdings, Inc.]
June 8, 2010
Town Sports International Holdings, Inc.
5 Penn Plaza (4th Floor)
New York, New York 10001
Ladies and Gentlemen:
     I am general counsel of Town Sports International Holdings, Inc., a Delaware corporation (the “Company”), and acted as its counsel in connection with the Registration Statement on Form S-3 (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Act”), relating to the resale by certain selling stockholders named in the Registration Statement of up to an aggregate of 4,060,082 shares of common stock, par value $0.001 per share that are issued and outstanding (the “Shares”).
     I have examined the Registration Statement and a form of the common stock certificate, which has been filed with the Commission as an exhibit to the Registration Statement. I also have examined the originals, or duplicates or certified or conformed copies, of such corporate and other records, agreements, documents and other instruments and have made such other investigations as I have deemed relevant and necessary in connection with the opinions hereinafter set forth. As to questions of fact material to this opinion, I have relied upon certificates or comparable documents of public officials and of officers and representatives of the Company.
     In rendering the opinion set forth below, I have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to

 


 

me as originals, the conformity to original documents of all documents submitted to me as duplicates or certified or conformed copies and the authenticity of the originals of such latter documents.
     Based upon the foregoing, and subject to the qualifications, assumptions and limitations stated herein, I am of the opinion that the Shares have been validly issued, fully paid and nonassessable.
     I do not express any opinion herein concerning any law other than the Delaware General Corporation Law (including the statutory provisions, all applicable provisions of the Delaware Constitution and reported judicial decisions interpreting the foregoing).
     I hereby consent to the filing of this opinion letter as Exhibit 5 to the Registration Statement and to the use of my name under the caption “Legal Matters” in the Prospectus included in the Registration Statement.
Very truly yours,
/s/ David M. Kastin
DAVID M. KASTIN, ESQ.