EX-5.1 2 dex51.htm EXHIBIT 5.1 Exhibit 5.1

Exhibit 5.1

 

  

555 Eleventh Street, N.W., Suite 1000

Washington, D.C. 20004-1304

Tel: (202) 637-2200 Fax: (202) 637-2201

www.lw.com

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FIRM / AFFILIATE OFFICES

Brussels             New York

Chicago             Northern Virginia

Frankfurt           Orange County

Hamburg           Paris

Hong Kong       San Diego

London             San Francisco

December 11, 2006   

Los Angeles     Shanghai

Milan                Silicon Valley

Moscow            Singapore

Munich             Tokyo

New Jersey       Washington, D.C.

Host Hotels & Resorts, L.P.

6903 Rockledge Drive

Suite 1500

Bethesda, Maryland 20817

   File No. 021344-0064

 

  Re: Registration Statement for $500,000,000 Aggregate Principal Amount of 6 7/8% Series S Senior Notes due 2014

Ladies and Gentlemen:

We have acted as special counsel to Host Hotels & Resorts, L.P., a Delaware limited partnership (the “Company”), in connection with the issuance of up to $500,000,000 aggregate principal amount of 6 7/8% Series S Senior Notes due 2014 (the “Securities”) and the guarantees of the Securities (the “Guarantees”) by the guarantors listed on Schedule A (the “Guarantors”), under the Twenty-Second Supplemental Indenture dated November 2, 2006, among the Company, the Guarantors and The Bank of New York, as trustee (the “Trustee”), among the Company, the Guarantors and the Trustee, which supplement 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 11, 2006 (the “Registration Statement”). 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 relied upon the foregoing and upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters.

We are opining herein as to the internal laws of the State of New York, the Delaware Revised Uniform Limited Partnership Act and 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. Various matters concerning the laws of Minnesota; Massachusetts; Texas; Nova Scotia, Canada; Florida and Alberta, Canada are


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addressed in the opinions of Dorsey & Whitney LLP; Bingham McCutchen LLP; Kane, Russell, Coleman & Logan, P.C.; Cox Hanson O’Reilly Matheson; Ruden, McClosky, Smith, Schuster & Russell, P.A. and Blake, Cassels & Graydon LLP, which has been separately provided to you. We express no opinion with respect to those matters herein, and to the extent elements of those opinions are necessary to the conclusions expressed herein, we have, with your consent, assumed such matters.

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

(1) When the Securities have been duly executed, issued, authenticated and delivered by or on behalf of the Company against delivery and payment therefor in accordance with the Indenture, the Securities and the Guarantees will have been duly authorized by all necessary partnership or limited liability company action of the Company and each of the Guarantors organized in the State of Delaware, respectively, and will be legally valid and binding obligations of the Company and the Guarantors, respectively, enforceable against them in accordance with their respective terms.

The opinion rendered in paragraph 1 relating to the enforceability of the Securities and the Guarantees, respectively, is 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 (i) the waiver of rights or defenses contained in Section 4.4 of the Indenture; (ii) any provision requiring the payment of attorneys’ fees, where such payment is contrary to law or public policy; (iii) any provision permitting, upon acceleration of the Securities, collection of that portion of the stated principal amount thereof which might be determined to constitute unearned interest thereon or (iv) 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, enforceable against it in accordance with its terms, (b) that the Indenture has been duly authorized, executed and delivered by each of the Guarantors organized in a jurisdiction other than Delaware and (c) 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,


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approvals or authorizations from, or make required registrations, declarations or filings with, governmental authorities.

This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of federal securities laws. 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 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

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

HMC Park Ridge LLC

   Delaware

HMC Suites LLC

   Delaware

HMC Suites Limited Partnership

   Delaware

Wellsford-Park Ridge HMC Hotel Limited Partnership

   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

City Center Hotel Limited Partnership

   Minnesota

PM Financial LLC

   Delaware

PM Financial LP

   Delaware

HMC Chicago LLC

   Delaware


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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 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

HMC/Interstate Manhattan Beach, L.P.

   Delaware

Ameliatel

   Florida

HMC Amelia I LLC

   Delaware

HMC Amelia II LLC

   Delaware

Rockledge Hotel LLC

   Delaware

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


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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

East Side Hotel Associates, L.P.

   Delaware

HMC O’Hare Suites Ground LLC

   Delaware

HMC Toronto Air Company

   Nova Scotia

HMC Toronto EC Company

   Nova Scotia

Cincinnati Plaza LLC

   Delaware

Host Cincinnati II LLC

   Delaware

Host Cincinnati Hotel LLC

   Delaware

Host Financing LLC

   Delaware

Host Fourth Avenue LLC

   Delaware

Host Indianapolis I LLC

   Delaware

Host Los Angeles LLC

   Delaware

Host Mission Hills, L.L.C.

   Delaware

Host Mission Hills II LLC

   Delaware

Host Mission Hills Hotel LLC

   Delaware

Host Needham LLC

   Delaware

Host Needham II LLC

   Delaware

Host Needham Hotel LLC

   Delaware

Host Realty LLC

   Delaware

Host Realty Company LLC

   Delaware

Host Realty Hotel LLC

   Delaware

Host Tucson LLC

   Delaware

Host Waltham LLC

   Delaware

Host Waltham II LLC

   Delaware

Host Waltham Hotel LLC

   Delaware

HST LT LLC

   Delaware

HST I LLC

   Delaware

South Coast Host Hotel LLC

   Delaware


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Starlex LLC

   Delaware

Host Realty Partnership, L.P.

   Delaware

Host Houston Briar Oaks, LP

   Delaware