- NWBI Dashboard
- Financials
- Filings
- Holdings
- Transcripts
- ETFs
- Insider
- Institutional
- Shorts
-
S-3ASR Filing
Northwest Bancshares (NWBI) S-3ASRAutomatic shelf registration
Filed: 8 Mar 19, 10:46am
Exhibit 5.1
LUSE GORMAN, PC
ATTORNEYS AT LAW
5335 WISCONSIN AVENUE, N.W., SUITE 780
WASHINGTON, D.C. 20015
TELEPHONE (202)274-2000
FACSIMILE (202)362-2902
www.luselaw.com
March 8, 2019
The Board of Directors
Northwest Bancshares, Inc.
100 Liberty Street
Warren, Pennsylvania 16365
Re: | Registration Statement onForm S-3 |
Ladies and Gentlemen:
You have requested the opinion of this firm as to certain matters in connection with the offer and sale of shares of common stock, par value $0.01 per share (the “Common Stock”), of Northwest Bancshares, Inc. (the “Company”) that will be issued in connection with the Agreement and Plan of Merger, dated as of June 11, 2018, by and among Donegal Mutual Insurance Company, Donegal Group Inc., Donegal Financial Services Corporation and the Company (the “Merger Agreement”). We have reviewed the Company’s Articles of Incorporation, the Company’s Registration Statement on FormS-3 dated March 8, 2019 (the “FormS-3”) and the Merger Agreement, as well as applicable statutes and regulations governing the Company and the offer and sale of the Common Stock. The opinion expressed below is limited to the laws of the State of Maryland (which includes applicable provisions of the Maryland General Corporation Law, the Maryland Constitution and reported judicial decisions interpreting the Maryland General Corporation Law and the Maryland Constitution).
Assuming that (i) the FormS-3 becomes, and remains effective during the period when the Common Stock is offered and sold, (ii) the Common Stock has been issued in accordance with the Merger Agreement, and (iii) all applicable securities laws are complied with by the selling shareholders identified in the FormS-3, it is our opinion that the Common Stock will be validly issued, fully paid and nonassessable.
We hereby consent to our firm being referenced under the caption “Legal Matters” in the Prospectus contained in the FormS-3 and to the filing of this opinion as an exhibit to the FormS-3. In giving such consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.
Very truly yours, |
/s/ Luse Gorman, PC |
LUSE GORMAN, PC |