EX-5.1 2 c57790exv5w1.htm EX-5.1 exv5w1
Exhibit 5.1
         
(ED LOGO)

333 South Wabash Ave., Chicago IL 60604

April 28, 2010
Jonathan D. Kantor
Executive Vice President,
General Counsel and Secretary
Telephone  312-822-1384
Facsimile  312-817-0511
Internet  jonathan.kantor@cna.com
 
CNA Financial Corporation
333 South Wabash Avenue
Chicago, Illinois 60604
Ladies and Gentlemen:
I am providing this opinion as Executive Vice President, General Counsel and Secretary of CNA Financial Corporation, a Delaware corporation (the “Company”), in connection with the Registration Statement on Form S-8 (the “Registration Statement”) being filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), relating to an aggregate total of 2,000,000 shares of the Company’s common stock, par value $2.50 per share (the “Common Stock”), reserved for issuance pursuant to the CNA Financial Corporation Incentive Compensation Plan (the “Plan”).
I have examined originals or copies, certified or otherwise identified to my satisfaction, of such documents, corporate records, certificates of public officials and other instruments as I have deemed necessary for the purpose of rendering this opinion.
Based upon and subject to the qualifications and limitations set forth herein, I am of the opinion that each share of Common Stock that is newly issued pursuant to the Plan will be legally issued, fully paid and non-assessable when (i) such share of Common Stock has been duly and properly authorized for issuance in accordance with the provisions of the Plan and (ii) the Registration Statement shall have become effective under the Securities Act.
This opinion is limited to the General Corporation Law of the State of Delaware. This opinion is limited in all respects to the laws and facts existing on the date hereof. I hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement. This opinion may not be relied upon by you for any other purpose, or relied upon by any other person, firm or corporation or quoted, filed with any governmental authority or other regulatory agency or otherwise circulated or utilized for any other purpose without my prior written consent.
         
  Very truly yours,
 
 
  /s/ Jonathan D. Kantor    
  Jonathan D. Kantor   
  Executive Vice President,
General Counsel and Secretary