EX-5.1 2 a07-11516_1ex5d1.htm EX-5.1

Exhibit 5.1

 

April 19, 2007

ADDRESS

 

VIA ELECTRONIC TRANSMISSION

 

Suite 1500

 

 

 

851 S.W. Sixth Avenue

 

Securities and Exchange Commission

 

Portland, Oregon

 

450 Fifth Street, N.W.

 

97204-1357

 

Washington, CC 20549

 

 

 

 

 

Phone 503.224.6440

 

 

 

Fax 503.224.7324

 

 

Re:

Microfield Group, Inc.

 

 

 

 

 

Our File No. MIC18-1

 

 

 

 

 

 

 

INTERNET

 

 

 

www.dunncarney.com

 

Ladies and Gentlemen:

 

 

We refer to the registration statement on Amendment No. 1 to Form S-1 (the “Registration Statement”) under the Securities Act of 1933, as amended (the “Act”), filed by Microfield Group, Inc., an Oregon corporation (the “Company”), with the Securities and Exchange Commission on April 19, 2007.  This opinion is given in connection with such Registration Statement.

RELIANCE

We have examined the originals, photocopies, certified copies or other evidence of such records of the Company, certificates of officers of the Company and public officials, and other documents as we have deemed relevant and necessary as a basis for the opinion hereinafter expressed.  In such examination, we have assumed the genuineness of all signatures, the capacity of those signing, the authenticity of all documents submitted to us as certified copies or photocopies and the authenticity of the originals of such latter documents.

ASSUMPTIONS

In rendering this Opinion, we have assumed without investigation that, with respect to each offer, issuance, sale, and delivery by the Company of shares of common stock of the Company (the “Common Stock”), and the shares of common stock issuable upon exercise of the Common Stock purchase warrants (the “Warrant Stock”) and each purchase of such shares of Common Stock or Warrant Stock by the purchaser thereof:

1.     As to the Common Stock purchase warrants (“the Warrants”), the shares of Warrant Stock so issuable will be validly authorized on the dates the Warrants are exercised;

2.     No change occurs in the applicable law or the pertinent facts;




 

3.     The pertinent provisions of such “blue-sky” and securities laws as may be applicable have been, or will be, complied with;

4.     The Warrants are exercised in accordance with their terms;

5.     Except for the corporation law (but not the ‘blue-sky’ or securities law) of the state of Oregon, as applicable to the Company, at the time of the offer, issuance, sale and delivery by the Company of the Common Stock and the Warrant Stock and at all times subsequent thereto (collectively, the “Relevant Time”), each such offer, issuance, sale, delivery, purchase, acquisition, disposition, reissuance, resale, and the execution and delivery of the documents relating to such acts and performance of the obligations arising out of the documents relating thereto or delivered in connection therewith, the performance of the oral agreements relating thereto, and the consummation of the transactions contemplated by any thereof, as to the Company or any other party thereto (collectively the “Acts”), do not and will not violate, result in a breach of, or conflict with any law, rule, regulation, order, judgment, or decree, in each case whether then or subsequently in effect;

6.     The agreed upon consideration to be paid, or that has been paid, in connection with the issuance of the Common Stock or the Warrant Stock being registered has been, or will be, received by the Company;

7.     At all Relevant Time, the persons authorizing any of the Acts did not, do not and will not violate any fiduciary or other duty owed by them;

8.     No event has taken place subsequent to any of the Acts or will take place which would cause any of the Acts not to comply with any such law, rule, regulation, order, judgment, decree, or duty, or which would permit the Company or any such other party at any Relevant Time to cancel, rescind, or otherwise avoid such Acts or any document, or oral agreement;

9.     There was, is, and will be, no misrepresentation, omission, or deceit by the Company, any such other party, or any other person or entity in connection with any of the Acts;

10.   Each of the Acts is governed by the laws of the state of Oregon, without giving effect to conflict of laws; and

11.   The officers of the Company purporting to sign the stock certificates either manually or by facsimile in fact executed the certificates.

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OPINION

Based on our examination and the assumptions mentioned above, we are of the opinion that the 20,171,860 shares of common stock, no par value per share (i.e. the Warrant Stock), that are issuable upon exercise of the Warrants and the 39,722,439 shares of Common Stock being registered to be sold pursuant to the Registration Statement were, are, or will be, duly authorized, validly issued, and fully paid and nonassessable.

LIMITATIONS

This opinion is provided as a legal opinion only, and not as a guaranty or warranty of the matters discussed herein.  Our opinion is limited to the matters stated herein and no other opinion may be implied or inferred.  Regardless of the status in which members of this firm are licensed to practice, our opinion is limited to the laws of Oregon and to any applicable federal laws.

We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement.  In giving the foregoing consent, we do not 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 Securities and Exchange Commission.

Very truly yours,

/s/ Dunn Carney Allen Higgins & Tongue LLP

DUNN CARNEY ALLEN HIGGINS & TONGUE  LLP

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