EX-5.1 3 c21670exv5w1.htm OPINION OF FOLEY & LARDNER LLP, DATED NOVEMBER 15, 2007 exv5w1
 

EXHIBIT 5.1
     
(FOLEY LOGO)
  ATTORNEYS AT LAW
 
  777 EAST WISCONSIN AVENUE
 
  MILWAUKEE, WI 53202-5306
 
  414.271.2400 TEL
 
  414.297.4900 FAX
 
  www.foley.com
November 15, 2007
The Manitowoc Company, Inc.
2400 S. 44th Street
Manitowoc, Wisconsin 54221-0066
Ladies and Gentlemen:
     We have acted as counsel for The Manitowoc Company, Inc., a Wisconsin corporation (the “Company”), in conjunction with the preparation of a Registration Statement on Form S-3 (Registration No. 333-147371) (the “Registration Statement”), including the prospectus constituting a part thereof, dated November 14, 2007, the preliminary prospectus supplement, dated November 14, 2007, the definitive prospectus supplement, dated November 15, 2007, and any free writing prospectus relating to the offering and sale of securities described herein (collectively, the “Prospectus”), filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), relating to the public offering of 4,000,000 shares of the Company’s common stock, $0.01 par value (the “Offering Shares”), and related Common Stock Purchase Rights (the “Rights”), in the manner set forth in the Prospectus. The terms of the Rights are set forth in that certain Rights Agreement, dated as of March 21, 2007, by and between the Company and Computershare Trust Company, N.A. (the “Rights Agreement”).
     In connection with our representation, we have examined: (i) the Registration Statement, including the Prospectus; (ii) the Company’s Amended and Restated Articles of Incorporation and Restated By-Laws, as amended to date; (iii) the Rights Agreement; (iv) resolutions of both the Company’s Board of Directors and the Special Offering Committee of the Board of Directors relating to the authorization of the issuance of the Offering Shares and the accompanying Rights subject to the Registration Statement; and (v) such other proceedings, documents and records as we have deemed necessary to enable us to render this opinion.
     Based upon the foregoing, we are of the opinion that:
     1. The Company is a corporation validly existing under the laws of the State of Wisconsin.
     2. The Offering Shares covered by the Registration Statement, when issued and paid for in the manner contemplated in the Registration Statement and the Prospectus, will be validly issued, fully paid and nonassessable.
     3. The Rights attached to the Offering Shares, when issued pursuant to the Rights Agreement, will be validly issued.
             
BOSTON
  LOS ANGELES   SACRAMENTO   TALLAHASSEE
BRUSSELS
  MADISON   SAN DIEGO   TAMPA
CHICAGO
  MILWAUKEE   SAN DIEGO/DEL MAR   TOKYO
DETROIT
  NEW YORK   SAN FRANCISCO   WASHINGTON, D.C.
JACKSONVILLE
  ORLANDO   SILICON VALLEY    

 


 

(FOLEY LOGO)
The Manitowoc Company, Inc.
November 15, 2007
Page 2
     We consent to the deemed incorporation by reference of this opinion into the Registration Statement and the references to our firm therein. In giving our consent, we do not admit that we are “experts” within the meaning of Section 11 of the Securities Act or within the category of persons whose consent is required by Section 7 of the Securities Act.
Very truly yours,
/s/ Foley & Lardner LLP