EX-5.1 2 0002.txt EXHIBIT OF COUNSEL June 1, 2000 Securities and Exchange Commission Judiciary Plaza 450 Fifth Street, N.W. Washington, D.C. 20549 RE: ABC-NACO INC. -- REGISTRATION OF COMMON STOCK, PAR VALUE $0.01 PER SHARE, ON FORM S-3 ------------------------------------------------------------- Ladies and Gentlemen: I am Vice President, General Counsel and Secretary of ABC-NACO Inc., a Delaware corporation (the "Company"), and have served in that capacity in connection with the Company's filing of a Registration Statement on Form S-3 (the "Registration Statement") relating to the registration by the Company of 311,110 shares of its common stock, $0.01 par value (together with the related preferred stock purchase rights, the "Common Stock"), to be offered and sold by certain shareholders of the Company, as more fully described in the Registration Statement. In this connection, I have examined such documents and have made such factual and legal investigations as I have deemed necessary or appropriate in order to enable me to render the opinion contained herein. Based on the foregoing, it is my opinion that the Common Stock has been duly authorized, legally issued, fully paid and nonassessable. I hereby consent to the filing of this opinion as an exhibit to the Registration Statement. Very truly yours, ABC-NACO Inc. By: /s/ Mark F. Baggio --------------------- Mark F. Baggio Vice President, General Counsel and Secretary