EX-5.1 5 d80834a1ex5-1.txt OPINION REGARDING LEGALITY 1 EXHIBIT 5.1 October 26, 2000 Board of Directors Adolph Coors Company 311 10th Street Golden, CO 80401-0030 RE: OPINION RE: LEGALITY Dear Sirs and Madams: We have acted as outside counsel to Adolph Coors Company, a Colorado corporation (the "Company"), in connection with the preparation, execution, and filing with the Securities and Exchange Commission (the "Commission") pursuant to the Securities Act of 1933, as amended (the "Act"), of a Registration Statement (no. 333-48194) on Form S-3 (as amended through the date hereof (the "Registration Statement")). This opinion is furnished to you for filing with the Commission pursuant to Item 601(b)(5) of Regulation S-K, promulgated under the Act. The Registration Statement covers resales by certain selling shareholders listed in the Registration Statement (the "Selling Shareholders") of certain shares of the Company's Class B Common Stock (Non-Voting), without par value (the "Class B Stock"), to the public pursuant to an underwriting agreement by and among the Company, the Selling Shareholders, and Morgan Stanley Dean Witter, Goldman, Sachs & Co., J.P. Morgan & Co., and Banc of America Securities LLC, as representatives of the underwriters (the "Underwriting Agreement"). In our representation of the Company, we have examined (1) the Registration Statement, (2) the Company's Amended and Restated Articles of Incorporation and Bylaws, (3) the resolutions of the Company's Board of Directors as recorded in the Company's minute book, (4) the resolutions of the Company's Special Committee formed in connection with the Registration Statement as recorded in the Company's minute book, (5) the form of the Underwriting Agreement filed with the Commission as Exhibit 1.1 to the Registration Statement, (6) certain certificates executed by officers of the Company or its transfer agent, and (7) such other documents and instruments as we have considered necessary for the purposes of rendering the opinions expressed below. 2 October 26, 2000 Opinion re: Legality Adolph Coors Company Page 2 Based upon the foregoing, we are of the opinion that the four million six hundred thousand (4,600,000) shares of Class B Stock, which are the subject of the Registration Statement and were issued by the Company to the Selling Shareholders, have been duly authorized and validly issued and are fully paid and non-assessable. The opinions expressed herein are limited to the laws of the Colorado Business Corporation Act and the Act. We hereby consent to the use of this opinion letter as Exhibit 5.1 to the Registration Statement and to the use of our name under the heading "Legal Matters" in related prospectuses. In giving this consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission promulgated thereunder. Very truly yours, /s/ Perkins Coie LLP SCS:scs