EX-5.2 4 d41619exv5w2.htm OPINION AND CONSENT OF HUNTON & WILLIAMS LLP exv5w2
 

EXHIBIT 5.2
         
(HUNTON & WILLIAMS LOGO)   HUNTON & WILLIAMS LLP
RIVERFRONT PLAZA, EAST TOWER
951 EAST BYRD STREET
RICHMOND. VIRGINIA 23219-4074

 
       
 
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FAX
  804 788 8200 
804 788 8218 
 
       
 
       
    ALLEN C. GOOLSBY
DIRECT DIAL: 804-788-8289
EMAIL: agoolsby@hunton.com
 
       
December 4, 2006   FILE NO: 51645.000031 
Atmos Energy Corporation
1800 Three Lincoln Centre
5430 LBJ Freeway
Dallas, Texas 75240
     
Re:
  Atmos Energy Corporation Registration Statement on Form S-3
Ladies and Gentlemen:
     We have examined the Registration Statement on Form S-3 (the “Registration Statement”) of Atmos Energy Corporation (the “Company”) to be filed with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933 (as amended, the “Act”), on the date hereof, in connection with the offering and issuance from time to time by the Company of the following: (i) one or more series of its debt securities and (ii) shares of its Common Stock, no par value per share (the “Common Stock”), together with the rights associated therewith (the “Rights”) under the Company’s Rights Agreement, dated as of November 12, 1997, as amended (the “Rights Agreement”). All capitalized terms which are not defined herein shall have the meanings assigned to them in the Registration Statement.
     In connection with our examination of documents as hereinafter described, we have assumed the genuineness of all signatures on, and the authenticity of, all documents submitted to us as originals and the conformity to original documents of all documents submitted to us as copies. With respect to agreements and instruments executed by natural persons, we have assumed the legal competency of such persons.
     For the purpose of rendering this opinion, we have made such factual and legal examination as we deemed necessary under the circumstances, and in that connection we have examined, among other things, originals or copies of the following:
  (1)   The Restated Articles of Incorporation of the Company, as amended to date (the “Articles of Incorporation”);
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(HUNTON & WILLIAMS SMALL LOGO)
Atmos Energy Corporation
December 4, 2006
Page 2
  (2)   The Amended and Restated Bylaws of the Company, as amended to date (the “Bylaws”);
 
  (3)   The Rights Agreement;
 
  (4)   Such records of the corporate proceedings of the Company, and such other documents that we considered necessary or appropriate for the purpose of rendering this opinion; and
 
  (5)   Such other certificates and assurances from public officials, officers and representatives of the Company that we considered necessary or appropriate for the purpose of rendering this opinion.
     On the basis of the foregoing examination, and in reliance thereon and on the statements of fact therein, and subject to completion of the corporate action required to be taken by the Company in connection with the issuance of Common Stock, we are of the opinion that when the Common Stock shall have been authorized, issued and sold within the limits and as described in the Registration Statement, and if in an underwritten offering, in accordance with the terms and conditions of the applicable underwriting agreement, and in a manner contemplated in the Registration Statement, including the Prospectus Supplement relating to the applicable offering of such Common Stock, the Common Stock and the associated Rights will be validly issued and the Common Stock will be fully paid and nonassessable.
     The opinions set forth herein are subject to the following assumptions, qualifications and limitations being true and correct at or prior to the time of the delivery of any Security:
     (a) the Board of Directors of the Company will have duly authorized and taken any necessary corporate action to approve the issuance and sale of shares of Common Stock in conformity with the Articles of Incorporation and Bylaws, each as amended through such time (subject to the further assumption that such instruments have not been amended from the date hereof in a manner that would affect any of the opinions rendered herein), and such authorization shall remain in effect and unchanged at all times during which such shares of Common Stock are offered and will not have been modified or rescinded (subject to the further assumption that the sale of any shares of Common Stock takes place in accordance with such authorization);
     (b) the Registration Statement, and any amendments thereto (including post-effective amendments), filed under the Act and the effectiveness thereof will not have been terminated or rescinded;

 


 

(HUNTON & WILLIAMS SMALL LOGO)
Atmos Energy Corporation
December 4, 2006
Page 3
     (c) a prospectus supplement (a “Prospectus Supplement”) will have been prepared and filed with the SEC describing the shares of Common Stock offered thereby;
     (d) all shares of Common Stock will be issued and sold in compliance with applicable federal and state securities laws and solely in the manner stated in the Registration Statement and the appropriate Prospectus Supplement and there will not have occurred any change in law affecting any of the opinions rendered herein; and
     (e) with respect to any Rights, we have assumed that the Board of Directors of the Company acted in a manner consistent with their fiduciary duties as required under applicable law in adopting the Rights Agreement; and we express no opinion as to the determination a court of competent jurisdiction may make regarding whether the Board of Directors would be required to redeem or terminate, or take other action with respect to, the Rights at some future time based on the facts and circumstances existing at that time. Furthermore, it should be understood that our opinion addresses the Rights and the Rights Agreement in their entirety and not any particular provision of the Rights or the Rights Agreement and that it is not settled whether the invalidity of any particular provision of a rights agreement or of rights issued thereunder would result in invalidating in their entirety such rights.
     This opinion is limited to the present laws of the Commonwealth of Virginia, and to the present judicial interpretations thereof and to the facts as they presently exist. We express no opinion as to the effect of the laws of the State of Texas on the issuance, payment and nonassessability of the Common Stock or associated Rights. We undertake no obligation to advise you as a result of developments occurring after the date hereof or as a result of facts or circumstances brought to our attention after the date hereof.
     We consent to the filing of this opinion as an exhibit to the Registration Statement, and we further consent to the use of our name under the caption “Legal Matters” in the Registration Statement and the prospectus that forms a part thereof. In giving these consents, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the SEC.
         
  Very truly yours,
 
 
  /s/ Hunton & Williams LLP