EX-5.1 3 b315495ex5_1.txt OPINION OF SWIDLER BERLIN SHEREFF FRIEDMAN, LLP EXHIBIT 5.1 December 19, 2001 Datascope Corp. 14 Philips Parkway Montvale, New Jersey 07465 Ladies and Gentlemen: On the date hereof, Datascope Corp., a Delaware corporation (the "Company"), is transmitting for filing with the Securities and Exchange Commission a Registration Statement under the Securities Act of 1933, as amended, on Form S-8 (the "Registration Statement") relating to 1,4000,000 shares (the "Shares") of common stock, par value $0.01 per share, of the Company which are being offered pursuant to the Datascope Corp. Amended and Restated 1995 Stock Option Plan (the "Plan"). This opinion is an exhibit to the Registration Statement. We have at times acted as special counsel to the Company with respect to certain corporate and securities matters, and in such capacity we have participated in various corporate and other proceedings taken by or on behalf of the Company in connection with the proposed offer and sale of the Shares by the Company as contemplated by the Registration Statement. However, we are not general counsel to the Company and would not ordinarily be familiar with or aware of matters relating to the Company unless they are brought to our attention by representatives of the Company. In connection with this opinion, we have examined and are familiar with originals or copies, certified or otherwise identified to our satisfaction, of (i) the Company's Restated Certificate of Incorporation as presently in effect, (ii) its By-Laws as presently in effect, (iii) minutes and other instruments evidencing actions taken by the Company's directors and stockholders, (iv) the Plan and (v) such other documents and instruments relating to the Company and the proposed offering as we have deemed necessary under the circumstances. In our examination of all such agreements, documents, certificates and instruments, we have assumed the genuineness of all signatures and the authenticity of all agreements, documents, certificates and instruments submitted to us as originals and the conformity with the originals of all agreements, documents, certificates and instruments submitted to us as certified, conformed or photostatic copies. Insofar as this opinion relates to securities to be issued in the future, we have assumed that all applicable laws, rules and regulations in effect at the time of such issuance are the same as such laws, rules and regulations in effect as of the date hereof. Except as provided in the next sentence, we express no opinion as to the laws of any jurisdiction other than the laws of the State of New York and the federal laws of the United States of America. To the extent that matters concerning the Delaware General Corporation Law are involved in the opinions expressed below, our opinions are based solely upon our reasonable familiarity with the Delaware General Corporation Law based on our reading of standard published compilations of such laws. We express no opinion as to the application of the securities or "Blue Sky" laws of any state, including the State of Delaware and the State of New York, to the offer and/or sale of the Shares. Based on the foregoing, and subject to and in reliance on the accuracy and completeness of the information relevant thereto provided to us, it is our opinion that the Shares which will be issued pursuant to the Plan have been duly authorized and, subject to the effectiveness of the Registration Statement and compliance with applicable securities or other laws of the states of the United States in which the Shares will be offered and/or sold, when issued in accordance with the terms set forth in the Plan, will be legally and validly issued, fully paid and nonassessable. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and as an exhibit to any filing made by the Company under the securities or other laws of any state of the United States which relate to the offer and/or sale of the Shares which are the subject of this opinion. This opinion is as of the date hereof and we undertake no obligation to advise you of any change in any applicable law or in facts or circumstances which might affect any matters or opinions set forth herein. This opinion is furnished to you in connection with the filing of the Registration Statement, and is not to be used, circulated, quoted or otherwise relied upon for any other purposes, except as expressly provided in the preceding paragraph. Very truly yours, SWIDLER BERLIN SHEREFF FRIEDMAN, LLP SBSF:GA:RMF:CJS