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S-1 - FORM S-1 - K-V Pharmaceutical Cokvpharm_s1-073012.htm
EX-23.2 - EXHIBIT 23.2 - K-V Pharmaceutical Coex23-2.htm
 Exhibit 5.1
 
July 31, 2012
 
K-V Pharmaceutical Company
 
Re:
Registration Statement on Form S-1 for 11,976,599 shares of K-V Pharmaceutical Company Class A Common Stock, par value $0.01, to be offered and sold by the selling stockholder
 
Ladies and Gentlemen:
 
With reference to the Registration Statement on Form S-1 (the “Registration Statement”) to be filed by K-V Pharmaceutical Company, a Delaware corporation (the “Company”), on July 31, 2012, with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, relating to the proposed offer and sale of up to 11,976,599 shares of the Company’s Class A Common Stock, par value $0.01 (the “Shares”), by the selling stockholder in accordance with the Common Stock Purchase Agreement, dated as of June 5, 2012, by and between the Company and Commerce Court Small Cap Value Fund, Ltd. (the "Purchase Agreement"), we have examined such corporate records of the Company, such laws and such other information as we have deemed relevant, including the Company’s Certificate of Incorporation and all amendments thereto, By-Laws, as currently in effect, and statements we have received from officers and representatives of the Company. In delivering this opinion, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to the originals of all documents submitted to us as certified, photostatic or conformed copies, the authenticity of originals of all such latter documents, and the correctness of statements submitted to us by officers and representatives of the Company.
 
Based solely on the foregoing, we are of the opinion that the Shares to be offered and sold by the selling stockholder have been duly authorized and when issued in accordance with the terms of the Purchase Agreement, will be legally issued, fully paid and non-assessable.
 
We consent to the filing of this opinion as an exhibit to the Registration Statement. We further consent to the filing of copies of this opinion with agencies of such states and other jurisdictions as you deem necessary in the course of complying with the laws of the states and jurisdictions regarding the sale of the Shares.
 
Very truly yours,
 
/s/ THOMPSON COBURN LLP