EX-5.1 2 dex51.htm OPINION OF AKERMAN SENTERFITT Opinion of Akerman Senterfitt

Exhibit 5.1

 

Akerman Senterfitt

One Southeast Third Avenue

28th Floor

Miami, Florida 33131-1714

 

September 9, 2005

 

Aphton Corporation

8 Penn Center,

1628 JFK Boulevard, Suite 2300

Philadelphia PA 19103

 

Ladies and Gentlemen:

 

Aphton Corporation, a Delaware corporation (the “Company”), has filed with the Securities and Exchange Commission a Registration Statement on Form S-1 (the “Registration Statement”), under the Securities Act of 1933, as amended (the “Securities Act”). Such Registration Statement relates to the sale from time to time by the selling stockholders named in the prospectus included therein of up to 21,500,000 shares of the Company’s common stock, $.001 par value per share (the “Shares”). We have acted as counsel to the Company in connection with the preparation and filing of the Registration Statement.

 

In connection with the Registration Statement, we have examined, considered and relied upon copies of the following documents: (1) the Company’s Amended and Restated Certificate of Incorporation and Bylaws, as amended; (2) the Stock Purchase Agreement, dated as of December 14, 2004, among the Company and the selling stockholders that are signatory thereto, and (3) such other documents and instruments that we have deemed necessary for the expression of the opinions contained herein. In our examination of the aforesaid documents, we have assumed, without independent investigation, the genuineness of all signatures, the legal capacity of all individuals who have executed any of the documents, the authenticity of all documents submitted to us as originals and the conformity to the original documents of all copies.

 

Based upon the foregoing examination, we are of the opinion that the Shares have been duly authorized, validly issued, fully paid and non-assessable.

 

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are included within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations promulgated thereunder.

 

Sincerely,

/S/ AKERMAN SENTERFITT