Exhibit 5.1
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 | | | | 787 Seventh Avenue New York, NY 10019-6099 Tel: 212 728 8000 Fax: 212 728 8111 |
September 9, 2020
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Re: | | W. R. Berkley Corporation – 4.00% Senior Notes due 2050 |
Ladies and Gentlemen:
We have acted as counsel to W. R. Berkley Corporation, a Delaware corporation (the “Company”), in connection with the issuance and sale by the Company of $170,000,000 aggregate principal amount of the Company’s 4.00% Senior Notes due 2050 (the “Securities”) pursuant to the Indenture, dated as of May 12, 2020, as supplemented by the First Supplemental Indenture (such Indenture, as so supplemented, the “Indenture”), dated as of May 12, 2020, between the Company and The Bank of New York Mellon, as trustee (the “Trustee”).
In connection therewith, we have examined (a) the Registration Statement on Form S-3 (File No. 333-221559) (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”), (b) the prospectus of the Company dated November 14, 2017, as supplemented by the prospectus supplement, dated September 1, 2020, relating to the Securities, as filed with the Commission on September 2, 2020, pursuant to Rule 424(b) under the Securities Act (the “Prospectus”), and (c) the Indenture. In addition, we have examined the originals (or copies certified or otherwise identified to our satisfaction) of resolutions of the Board of Directors of the Company or committees thereof and such other agreements, instruments, certificates, documents and records and have reviewed such questions of law and made such inquiries as we have deemed necessary or appropriate for the purposes of the opinions rendered herein.
In such examination, we have assumed, without inquiry, the legal capacity of all natural persons, the genuineness of all signatures on all documents examined by us, the authenticity of all documents submitted to us as originals, the conformity to the original documents of all such documents submitted to us as copies and the authenticity of the originals of such latter documents. We have also assumed that the books and records of the Company are maintained in accordance with proper corporate procedures. As to any facts material to our opinion, we have, when relevant facts were not independently established, relied upon the aforesaid agreements, instruments, certificates, documents and records and upon statements and certificates of officers and representatives of the Company and of public officials.
NEW YORK WASHINGTON HOUSTON PALO ALTO SAN FRANCISCO CHICAGO PARIS LONDON FRANKFURT BRUSSELS MILAN ROME