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S-1/A - S-1/A - Peak Resorts Inca2222106zs-1a.htm
EX-23.2 - EX-23.2 - Peak Resorts Inca2222106zex-23_2.htm
EX-1.1 - EX-1.1 - Peak Resorts Inca2222106zex-1_1.htm

Exhibit 5.1

 

 

120 S. Central Avenue, Suite 1420

St. Louis, MO  63105

Tel:  314.725-9100

Fax:  314.725.5754

www.sandbergphoenix.com

 

November 20, 2014

 

Peak Resorts, Inc.

17409 Hidden Valley Drive

Wildwood, Missouri  63025

 

Re:                             Registration Statement on Form S-1

 

Dear Sirs:

 

This opinion is furnished to you in connection with the Registration Statement on Form S-1 (Registration No. 333-199488), as amended (the “Registration Statement”), filed with the Securities and Exchange Commission relating to eleven million five hundred thousand (11,500,000) shares of common stock, par value $.01 per share (the “Shares”), of Peak Resorts, Inc., a Missouri corporation (the “Company”), which includes up to 1,500,000 shares issuable upon exercise of an over-allotment option granted by the Company.  We understand that the Shares are to be sold to the underwriter for resale to the public as described in the Registration Statement and pursuant to an underwriting agreement, substantially in the form filed as an exhibit to the Registration Statement, to be entered into by and between the Company and the underwriter (the “Underwriting Agreement”).

 

We have examined and relied upon the Company’s Amended and Restated Articles of Incorporation and Amended and Restated By-laws and originals, or copies certified to our satisfaction, of all pertinent records of the meetings of the directors and stockholders of the Company, the Registration Statement and such other documents relating to the Company as we have deemed relevant for the purposes of this opinion.

 

In rendering the opinions expressed below, we have assumed, but not independently established the validity of the following assumptions:

 

(i)                                     The genuineness of all signatures and the authenticity of all documents submitted to us as originals, and the conformity to original documents of all documents submitted to us as certified or photostatic copies.

 

(ii)                                  Each public authority document is accurate, complete and authentic and all official public records (including their proper indexing and filing) are accurate and complete.

 



 

(iii)                               All parties to the Underwriting Agreement, other than the Company, have legal existence.

 

(iv)                              All Company Securities, that have not been cancelled, which have been issued since the date of incorporation of the Company have been issued in accordance with the registration or qualification provisions of the Securities Act and applicable state securities laws or pursuant to valid exemptions therefrom.

 

Based on and subject to the foregoing, we are of the opinion that, upon payment and delivery in accordance with the Underwriting Agreement and the Registration Statement the Shares will be validly issued, fully paid and nonassessable.

 

We hereby consent to the use of this opinion as an exhibit to the Registration Statement, and we consent to the reference to our name under the caption “Legal Matters” in the prospectus forming part of the Registration Statement.

 

We express no opinion herein as to the laws of any state or jurisdiction other than The General and Business Corporation Law of Missouri, including applicable statutory provisions, rules and regulations underlying such provisions, and judicial and regulatory determinations regarding such laws.

 

This opinion is limited to the specific issued addressed herein, and no opinion may be inferred or implied beyond that expressly stated herein.

 

 

Respectfully submitted,

 

 

 

 

 

/s/ Sandberg Phoenix & von Gontard, P.C.

 

SANDBERG PHOENIX & von GONTARD, P.C.

 

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