EX-5.1 2 dex51.htm EXHIBIT 5.1 EXHIBIT 5.1

 

Exhibit 5.1

 

LOGO

 

January 24, 2005

 

Host Marriott, L.P.

6903 Rockledge Drive

Suite 1500

Bethesda, Maryland 20817

  

53rd at Third

885 Third Avenue

New York, New York 10022-4834

Tel: (212) 906-1200 Fax: (212) 751-4864

www.lw.com

    

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Washington, D.C.

 

  Re: Registration Statement No. 333-121109; $350,000,000 Aggregate Principal Amount of 7% Securities M Notes due 2012

 

Ladies and Gentlemen:

 

We have acted as special counsel to Host Marriott, L.P., a Delaware limited Partnership (the “Company”), in connection with the issuance of up to $350,000,000 aggregate principal amount of 7% Series M Senior Notes due 2012 (the “Securities”) and the guarantees of the Securities (the “Guarantees”) by the guarantors listed on Schedule A (the “Guarantors”), under the Fourteenth Supplemental Indenture dated August 3, 2004, among the Company, the Guarantors and The Bank of New York, as trustee (the “Fourteenth Supplemental Indenture”), which supplements the Amended and Restated Indenture, dated as of August 5, 1998 (as so supplemented, the “Indenture”) originally among the Company, the guarantors named therein and HSBC Bank USA (f/k/a Marine Midland Bank), as trustee, and pursuant to a registration statement on Form S-4 under the Securities Act of 1933, as amended (the “Act”), filed with the Securities and Exchange Commission (the “Commission”) on December 12, 2004 (File No. 333-121109) (the “Registration Statement”) as amended by Amendment No. 1 dated January 24, 2005 and a prospectus to be dated as of the date it is filed with the Commission pursuant to Rule 424(b) under the Act (the “Prospectus”). This opinion is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or Prospectus, other than as to the enforceability of the Securities and Guarantees.

 

As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have (a) assumed that the proceedings proposed to be taken by the Company and each of the Guarantors organized in the State of Delaware (the “Covered Guarantors”) in connection with the authorization of the Indenture, the Securities and the Guarantees, and the issuance and sale of the Securities and the Guarantees, will be timely completed in the manner proposed, and (b) we have relied upon the foregoing and upon certificates and other assurances of officers of the Company and others as to factual matters; we have not independently verified such factual matters.

 

We are opining herein as to the effect on the subject transaction only of the internal laws of the State of New York; in paragraphs 1 and 2, the Delaware Revised Uniform Limited

 


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Partnership Act; and in paragraph 2 the Delaware Limited Liability Company Act and we express no opinion with respect to the applicability thereto, or the effect thereon, of the laws of any other jurisdiction or, in the case of Delaware, any other laws, or as to any matters of municipal law or the laws of any local agencies within any state.

 

Subject to the foregoing and the other matters set forth herein, it is our opinion that as of the date hereof:

 

(1) The Securities have been duly authorized by all necessary partnership action of the Company, and when executed, issued, authenticated and delivered by or on behalf of the Company against delivery and payment therefor in accordance with the Indenture and in the manner contemplated by the Registration Statement and Prospectus, will be legally valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.

 

(2) The Guarantees of each of the Covered Guarantors have been duly authorized by all necessary corporate, limited liability company or partnership action, as applicable of each of the Covered Guarantors and, when executed and delivered in accordance with the terms of the Indenture (assuming the due execution, issue and authentication of the Securities in accordance with the terms of the Indenture and delivery and payment therefor in the manner contemplated by the Registration Statement and Prospectus), the Guarantees will be the legally valid and binding obligations of each of the Guarantors, enforceable against the Guarantors in accordance with their terms.

 

The opinions rendered in paragraphs 1 and 2 above relating to the enforceability of the Securities and the Guarantees, respectively, are subject to the following exceptions, limitations and qualifications: (a) the effect of bankruptcy, insolvency, reorganization, preference, fraudulent transfer, moratorium or other similar laws relating to or affecting the rights and remedies of creditors; (b) the effect of general principles of equity, whether enforcement is considered in a proceeding in equity or at law (including the possible unavailability of specific performance or injunctive relief), concepts of materiality, reasonableness, good faith and fair dealing, and the discretion of the court before which any proceeding therefor may be brought; (c) the unenforceability under certain circumstances under law or court decisions of provisions providing for the indemnification of or contribution to a party with respect to a liability where such indemnification or contribution is contrary to public policy; (d) we express no opinion concerning the enforceability of the waiver of rights or defenses contained in Section 4.4 of the Indenture; (e) the unenforceability of any provision requiring the payment of attorneys’ fees, where such payment is contrary to law or public policy; (f) we express no opinion with respect to whether acceleration of the Securities may affect the collectibility of that portion of the stated principal amount thereof which might be determined to constitute unearned interest thereon; and (g) we express no opinion as to the enforceability of any provision to the extent it requires any party to indemnify any other person against loss in obtaining the currency due following a court judgment rendered in another currency.

 

With your consent, we have assumed (a) that the Indenture has been duly authorized, executed and delivered by, and constitutes a legally valid and binding obligation of, the Trustee,

 


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enforceable against it in accordance with its terms, and (b) that the status of the Indenture and the Securities and the Guarantees as legally valid and binding obligations of the respective parties thereto is not affected by any (i) breaches of, or defaults under, agreements or instruments, (ii) violations of statutes, rules, regulations or court or governmental orders, or (iii) failures to obtain required consents, approvals or authorizations from, or make required registrations, declarations or filings with, governmental authorities.

 

We consent to your filing this opinion as an exhibit to the Registration Statement and to the reference to our firm contained in the Prospectus under the heading “Validity of the Securities.” In giving such consent, we do not thereby 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 thereunder.

 

Very truly yours,

 

/s/ Latham & Watkins LLP

 


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SCHEDULE A

 

Guarantors

 

Name


  

Jurisdiction
of
Formation


HMH Rivers, L.P.

   Delaware

HMH Marina LLC

   Delaware

HMC SBM Two LLC

   Delaware

HMC PLP LLC

   Delaware

HMC Retirement Properties, L.P.

   Delaware

HMH Pentagon LLC

   Delaware

Airport Hotels LLC

   Delaware

Chesapeake Financial Services LLC

   Delaware

HMC Capital Resources LLC

   Delaware

YBG Associates LLC

   Delaware

PRM LLC

   Delaware

Host Park Ridge LLC

   Delaware

Host of Boston, Ltd.

   Massachusetts

Host of Houston, Ltd.

   Texas

Host of Houston 1979

   Texas

Philadelphia Airport Hotel LLC

   Delaware

HMC Hartford LLC

   Delaware

HMH Norfolk LLC

   Delaware

HMH Norfolk, L.P.

   Delaware

HMC Park Ridge LLC

   Delaware

HMC Suites LLC

   Delaware

HMC Suites Limited Partnership

   Delaware

Wellsford-Park Ridge HMC Hotel Limited Partnership

   Delaware

Farrell’s Ice Cream Parlor Restaurants LLC

   Delaware

HMC Burlingame LLC

   Delaware

HMC Capital LLC

   Delaware

HMC Grand LLC

   Delaware

HMC Hotel Development LLC

   Delaware

HMC Mexpark LLC

   Delaware

HMC Polanco LLC

   Delaware

HMC NGL LLC

   Delaware

HMC OLS I L.P.

   Delaware

HMC Seattle LLC

   Delaware

HMC Swiss Holdings LLC

   Delaware

HMH Restaurants LLC

   Delaware

HMH Rivers LLC

   Delaware

HMH WTC LLC

   Delaware

Host La Jolla LLC

   Delaware

 


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City Center Hotel Limited Partnership

   Minnesota

PM Financial LLC

   Delaware

PM Financial LP

   Delaware

HMC Chicago LLC

   Delaware

HMC HPP LLC

   Delaware

HMC Desert LLC

   Delaware

HMC Hanover LLC

   Delaware

HMC Diversified LLC

   Delaware

HMC Properties I LLC

   Delaware

HMC Potomac LLC

   Delaware

HMC East Side II LLC

   Delaware

HMC Manhattan Beach LLC

   Delaware

Chesapeake Hotel Limited Partnership

   Delaware

HMH General Partner Holdings LLC

   Delaware

HMC IHP Holdings LLC

   Delaware

HMC OP BN LLC

   Delaware

S.D. Hotels LLC

   Delaware

HMC Gateway LLC

   Delaware

HMC Pacific Gateway LLC

   Delaware

HMC Market Street LLC

   Delaware

New Market Street LP

   Delaware

Times Square LLC

   Delaware

Times Square GP LLC

   Delaware

HMC Atlanta LLC

   Delaware

Ivy Street LLC

   Delaware

HMC Properties II LLC

   Delaware

Santa Clara HMC LLC

   Delaware

HMC BCR Holdings LLC

   Delaware

HMC Palm Desert LLC

   Delaware

HMC Georgia LLC

   Delaware

HMC SFO LLC

   Delaware

Market Street Host LLC

   Delaware

HMC Property Leasing LLC

   Delaware

HMC Host Restaurants LLC

   Delaware

Durbin LLC

   Delaware

HMC HT LLC

   Delaware

HMC JWDC LLC

   Delaware

HMC OLS I LLC

   Delaware

HMC OLS II L.P.

   Delaware

HMT Lessee Parent LLC

   Delaware

HMC/Interstate Manhattan Beach, L.P.

   Delaware

Ameliatel

   Florida

HMC Amelia I LLC

   Delaware

HMC Amelia II LLC

   Delaware

Rockledge Hotel LLC

   Delaware

 


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Fernwood Hotel LLC

   Delaware

HMC Copley LLC

   Delaware

HMC Headhouse Funding LLC

   Delaware

Ivy Street Hopewell LLC

   Delaware

HMC Diversified American Hotels, L.P.

   Delaware

Potomac Hotel Limited Partnership

   Delaware

HMC AP GP LLC

   Delaware

HMC AP LP

   Delaware

HMC AP Canada Company

   Nova Scotia

HMC Toronto Airport GP LLC

   Delaware

HMC Toronto Airport LP

   Delaware

HMC Toronto EC GP LLC

   Delaware

HMC Toronto EC LP

   Delaware

HMC Charlotte GP LLC

   Delaware

HMC Charlotte LP

   Delaware

HMC Charlotte (Calgary) Company

   Nova Scotia

Calgary Charlotte Holdings Company

   Nova Scotia

HMC Grace (Calgary) Company

   Nova Scotia

HMC Maui LLC

   Delaware

HMC Lenox LLC

   Delaware

Calgary Charlotte Partnership

   Alberta

HMC Chicago Lakefront LLC

   Delaware

HMC East Side LLC

   Delaware

HMC Kea Lani LLC

   Delaware

HMC East Side Hotel Associates, L.P.

   Delaware