{"id":43842,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/opinion-letter-outside-counsel-s-4-registered-securities9.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"opinion-letter-outside-counsel-s-4-registered-securities9","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/securities\/opinion-letter-outside-counsel-s-4-registered-securities9.html","title":{"rendered":"Opinion Letter &#8211; Outside Counsel &#8211; S-4 Registered Securities &#8211; Rite Aid Corp."},"content":{"rendered":"<p align=\"center\"><strong>OPINION OF SKADDEN, ARPS, SLATE, MEAGHER &amp;<br \/>\nFLOM<\/strong><\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"80%\" valign=\"top\"><\/td>\n<td width=\"19%\" valign=\"top\">\n<p>October 27, 2010<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Rite Aid Corporation <br \/>\n30 Hunter Lane <br \/>\nCamp Hill, Pennsylvania 17011<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"13%\" valign=\"top\">\n<p>Re:<\/p>\n<\/td>\n<td width=\"86%\" valign=\"top\">\n<p>Rite Aid Corporation and the Subsidiary Guarantors<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"13%\" valign=\"top\"><\/td>\n<td width=\"86%\" valign=\"top\">\n<p>Listed on Schedules I &amp; II Hereto<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"13%\" valign=\"top\"><\/td>\n<td width=\"86%\" valign=\"top\">\n<p>Registration Statement on Form S-4<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Ladies and Gentlemen:<\/p>\n<p>We have acted as special counsel to Rite Aid Corporation, a Delaware<br \/>\ncorporation (the &#8220;Company&#8221;), in connection with the public offering of<br \/>\n$650,000,000 aggregate principal amount of the Company153s 8.00% Senior Secured<br \/>\nNotes due 2020 (the &#8220;Exchange Notes&#8221;). The Indenture, dated as of August 16,<br \/>\n2010 (the &#8220;Indenture&#8221;), by and among the Company, the Subsidiary Guarantors (as<br \/>\ndefined below) and The Bank of New York Mellon Trust Company, N.A., as Trustee<br \/>\n(the &#8220;Trustee&#8221;), provides for the guarantee of the Exchange Notes by certain<br \/>\nsubsidiaries of the Company (the &#8220;DE\/NY Guarantors&#8221;) incorporated or formed<br \/>\npursuant to the laws of the State of Delaware or New York, and listed on<br \/>\nSchedule I hereto (guarantees by the DE\/NY Guarantors are referred to herein as<br \/>\nthe &#8220;DE\/NY Guarantees&#8221;) and the guarantors listed on Schedule II hereto (the<br \/>\n&#8220;Non-DE\/NY Guarantors&#8221; and, together with the DE\/NY Guarantors, the &#8220;Subsidiary<br \/>\nGuarantors&#8221;) to the extent set forth in the Indenture and the Amended and<br \/>\nRestated Senior Subsidiary Guarantee Agreement, dated as of June 5, 2009 (the<br \/>\n&#8220;Guarantee Agreement&#8221;), by and among the Subsidiary Guarantors and Citicorp<br \/>\nNorth America, Inc., as senior collateral agent (guarantees by the Non-DE\/NY<br \/>\nGuarantors are referred to herein as the &#8220;Non-DE\/NY Guarantees&#8221; and, together<br \/>\nwith the DE\/NY Guarantees, the &#8220;Subsidiary Guarantees&#8221;). The Exchange Notes are<br \/>\nto be issued pursuant to an exchange offer (the &#8220;Exchange Offer&#8221;) in exchange<br \/>\nfor a like principal amount of the issued and outstanding 8.00% Senior Secured<br \/>\nNotes due 2020 of the Company (the &#8220;Original Notes&#8221;) under the Indenture, as<br \/>\ncontemplated by the Exchange and Registration Rights Agreement, dated as of<br \/>\nAugust 16, 2010 (the &#8220;Registration Rights Agreement&#8221;), by and among the Company,<br \/>\nthe Subsidiary Guarantors, and Citigroup Global Markets Inc., Wells Fargo<br \/>\nSecurities, LLC, Banc of America Securities LLC and Credit Suisse Securities<br \/>\n(USA) LLC, as the initial purchasers of the Original Notes.<\/p>\n<hr>\n<p><\/p>\n<p>This opinion is being furnished in accordance with the requirements of Item<br \/>\n601(b)(5) of Regulation S-K under the Securities Act of 1933, as amended (the<br \/>\n&#8220;Act&#8221;).<\/p>\n<p>In connection with this opinion, we have examined originals or copies,<br \/>\ncertified or otherwise identified to our satisfaction, of:<\/p>\n<p>(i) the Registration Statement on Form S-4 relating to the Exchange Notes and<br \/>\nthe Subsidiary Guarantees filed by the Company with the Securities and Exchange<br \/>\nCommission (the &#8220;Commission&#8221;) on the date hereof (the &#8220;Registration Statement&#8221;);\n<\/p>\n<p>(ii) an executed copy of the Registration Rights Agreement;<\/p>\n<p>(iii) an executed copy of the Indenture;<\/p>\n<p>(iv) an executed copy of the Guarantee Agreement;<\/p>\n<p>(v) the Restated Certificate of Incorporation of the Company, as certified by<br \/>\nthe Secretary of State of Delaware, as amended to date;<\/p>\n<p>(vi) the By-laws of the Company, as amended to date, as certified by Marc A.<br \/>\nStrassler, the Secretary of the Company;<\/p>\n<p>(vii) the certificate of incorporation and By-laws of each of the DE\/NY<br \/>\nGuarantors that are corporations;<\/p>\n<p>(viii) the certificates of formation or partnership and the limited liability<br \/>\ncompany agreements, operating agreements or partnership agreements, as<br \/>\napplicable, of each of the DE\/NY Guarantors that are limited liability companies<br \/>\nor partnerships;<\/p>\n<p>(ix) certain resolutions of the Board of Directors of the Company, adopted<br \/>\nAugust 4, 2010, and certain resolutions of the Pricing Committee of the Board of<br \/>\nDirectors of the Company, adopted August 9, 2010, relating to the Exchange<br \/>\nOffer, the issuance of the Original Notes and the Exchange Notes, the Indenture<br \/>\nand related matters, as certified by Marc A. Strassler, Executive Vice<br \/>\nPresident, General Counsel and Secretary of the Company;<\/p>\n<p>(x) the action by written consent of the Board of Directors, Managers, or<br \/>\nPartners of each of the DE\/NY Subsidiaries, dated August 3, 2010, relating to<br \/>\nthe Exchange Offer, the Indenture, the Guarantee Agreement, the Subsidiary<br \/>\nGuarantees and related matters, as certified by Marc A. Strassler, Authorized<br \/>\nOfficer for the DE\/NY Guarantors;<\/p>\n<p>(xi) the Form T-1 of the Trustee to be filed as an exhibit to the<br \/>\nRegistration Statement; and<\/p>\n<p align=\"center\">2<\/p>\n<hr>\n<p><\/p>\n<p>(xii) the form of the Exchange Notes, included as an exhibit to the<br \/>\nIndenture.<\/p>\n<p>We have also examined originals or copies, certified or otherwise identified<br \/>\nto our satisfaction, of such records of the Company and the Subsidiary<br \/>\nGuarantors and such agreements, certificates of public officials, certificates<br \/>\nof officers or other representatives of the Company, the Subsidiary Guarantors<br \/>\nand others, and such other documents, certificates and records as we have deemed<br \/>\nnecessary or appropriate as a basis for the opinions set forth herein.<\/p>\n<p>In our examination, we have assumed the legal capacity of all natural<br \/>\npersons, the genuineness of all signatures, the authenticity of all documents<br \/>\nsubmitted to us as originals, the conformity to original documents of all<br \/>\ndocuments submitted to us as certified, conformed or photostatic copies and the<br \/>\nauthenticity of the originals of such latter documents. In making our<br \/>\nexamination of executed documents or documents to be executed, we have assumed<br \/>\nthat the parties thereto, other than the Company and the DE\/NY Guarantors, had<br \/>\nor will have the power, corporate or other, to enter into and perform all<br \/>\nobligations thereunder and have also assumed the due authorization by all<br \/>\nrequisite action, corporate or other, and execution and delivery by such parties<br \/>\nof such documents, and except as to Subsidiary Guarantors with respect to the<br \/>\nSubsidiary Guarantees, the validity and binding effect on such parties. We have<br \/>\nalso assumed that each of the Company and the Subsidiary Guarantors has been<br \/>\nduly organized and is validly existing in good standing under the laws of their<br \/>\nrespective jurisdiction of organization and that each of the Subsidiary<br \/>\nGuarantors, other than the DE\/NY Guarantors, has complied with all aspects of<br \/>\napplicable laws of jurisdictions other than the United States of America, the<br \/>\nState of Delaware and the State of New York in connection with the transactions<br \/>\ncontemplated by the Indenture, the Guarantee Agreement, the Registration Rights<br \/>\nAgreement, Exchange Notes and Subsidiary Guarantees to the extent a party<br \/>\nthereto. As to any facts material to the opinions expressed herein which we have<br \/>\nnot independently established or verified, we have relied upon statements and<br \/>\nrepresentations of officers and other representatives of the Company, the<br \/>\nSubsidiary Guarantors and others.<\/p>\n<p>Our opinions set forth herein are limited to Delaware corporate law and the<br \/>\nlaws of the State of New York, which in our experience, are normally applicable<br \/>\nto transactions of the type governed or contemplated by the Exchange Offer, the<br \/>\nIndenture and the Exchange Notes (including applicable provisions of the New<br \/>\nYork constitution and reported judicial interpretations interpreting such laws)<br \/>\nand to the extent that judicial or regulatory orders or decrees or consents,<br \/>\napprovals, licenses, authorizations, validations, filings, recordings or<br \/>\nregistrations with governmental authorities are relevant, to those required<br \/>\nunder such laws (all of the foregoing being referred to as &#8220;Opined on Law&#8221;). We<br \/>\ndo not express any opinion with respect to the law of any jurisdiction other<br \/>\nthan Opined on Law or as to the effect of any such non-opined on law on the<br \/>\nopinions herein stated.<\/p>\n<p>Based upon and subject to the foregoing and the limitations, qualifications,<br \/>\nexceptions and assumptions set forth herein, we are of the opinion that when the<br \/>\nRegistration Statement, as finally amended, has become effective under the Act,<br \/>\nthe Indenture has been qualified under the Trust Indenture Act and the Exchange<br \/>\nNotes (in the form filed as Exhibit 4.23 to the Registration Statement) have<br \/>\nbeen duly executed and authenticated in accordance with the terms of the<\/p>\n<p align=\"center\">3<\/p>\n<hr>\n<p><\/p>\n<p>Indenture and have been delivered upon consummation of the Exchange Offer<br \/>\nagainst receipt of Original Notes surrendered in exchange therefor in accordance<br \/>\nwith the terms of the Indenture, the Registration Rights Agreement and the<br \/>\nExchange Offer, the Exchange Notes and the Subsidiary Guarantees will constitute<br \/>\nvalid and binding obligations of the Company and each of the Subsidiary<br \/>\nGuarantors, respectively, enforceable against the Company and each of the<br \/>\nSubsidiary Guarantors, respectively, in accordance with their terms, except to<br \/>\nthe extent that enforcement thereof may be limited by (1) bankruptcy,<br \/>\ninsolvency, reorganization, moratorium, fraudulent conveyance or other similar<br \/>\nlaws now or hereafter in effect relating to creditors153 rights generally and (2)<br \/>\ngeneral principles of equity (regardless of whether enforceability is considered<br \/>\nin a proceeding at law or in equity).<\/p>\n<p>We hereby consent to the filing of this opinion with the Commission as an<br \/>\nexhibit to the Registration Statement. We also consent to the reference to our<br \/>\nfirm under the caption &#8220;Legal Matters&#8221; in the Registration Statement. In giving<br \/>\nthis consent, we do not thereby admit that we are included in the category of<br \/>\npersons whose consent is required under Section 7 of the Act or the rules and<br \/>\nregulations of the Commission.<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"50%\" valign=\"top\"><\/td>\n<td width=\"50%\" valign=\"top\">\n<p>Very truly yours,<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"50%\" valign=\"top\"><\/td>\n<td width=\"50%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"50%\" valign=\"top\"><\/td>\n<td width=\"50%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"50%\" valign=\"top\"><\/td>\n<td width=\"50%\" valign=\"top\">\n<p>\/s\/ SKADDEN, ARPS, SLATE, MEAGHER &amp; FLOM LLP<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"center\">4<\/p>\n<hr>\n<p><\/p>\n<p align=\"center\"><strong>SCHEDULE I <br \/>\nDE\/NY SUBSIDIARY GUARANTORS<\/strong><\/p>\n<p><u>New York<\/u><\/p>\n<p>Rite Aid of New York, Inc.<\/p>\n<p>Rite Aid Rome Distribution Center, Inc.<\/p>\n<p><u>Delaware<\/u><\/p>\n<p>1515 West State Street Boise, Idaho, LLC<\/p>\n<p>Ann &amp; Government Streets- Mobile, Alabama, LLC<\/p>\n<p>Brooks Pharmacy, Inc.<\/p>\n<p>Central Avenue &amp; Main Street-Petal, MS, LLC<\/p>\n<p>Eagle Managed Care Corp.<\/p>\n<p>Eckerd Corporation<\/p>\n<p>EDC Licensing, Inc.<\/p>\n<p>Eighth and Water Streets-Urichsville, Ohio, LLC<\/p>\n<p>Genovese Drug Stores, Inc.<\/p>\n<p>JCG (PJC) USA, LLC<\/p>\n<p>JCG Holdings (USA), Inc.<\/p>\n<p>K&amp;B, Incorporated<\/p>\n<p>Maxi Drug North, Inc.<\/p>\n<p>Maxi Drug South, L.P.<\/p>\n<p>Maxi Drug, Inc.<\/p>\n<p>Munson &amp; Andrews, LLC<\/p>\n<p>Name Rite, L.L.C.<\/p>\n<p>P.J.C. Distribution, Inc.<\/p>\n<p>P.J.C. Realty Co., Inc.<\/p>\n<p>Paw Paw Lake Road &amp; Paw Paw Avenue-Coloma, Michigan, LLC<\/p>\n<p>PJC Dorchester Realty LLC<\/p>\n<p>PJC East Lyme Realty LLC<\/p>\n<p>PJC Haverhill Realty LLC<\/p>\n<p>PJC Hermitage Realty LLC<\/p>\n<p>PJC Hyde Park Realty LLC<\/p>\n<p>PJC Lease Holdings, Inc.<\/p>\n<p>PJC Manchester Realty LLC<\/p>\n<p>PJC Mansfield Realty LLC<\/p>\n<p>PJC New London Realty LLC<\/p>\n<p>PJC Peterborough Realty LLC<\/p>\n<p>PJC Providence Realty LLC<\/p>\n<p>PJC Realty N.E. LLC<\/p>\n<p>PJC Revere Realty LLC<\/p>\n<p align=\"center\">SI-1<\/p>\n<hr>\n<p><\/p>\n<p>PJC Special Realty Holdings, Inc.<\/p>\n<p>Rite Aid Drug Palace, Inc.<\/p>\n<p>Rite Aid Hdqtrs. Corp.<\/p>\n<p>Rite Aid Hdqtrs. Funding, Inc.<\/p>\n<p>Rite Aid of Delaware, Inc.<\/p>\n<p>Rite Aid Payroll Management, Inc.<\/p>\n<p>Rite Aid Online Store, Inc.<\/p>\n<p>Rite Aid Realty Corp.<\/p>\n<p>Rite Aid Services, LLC<\/p>\n<p>Rite Aid Transport, Inc.<\/p>\n<p>Rite Fund, Inc.<\/p>\n<p>Rite Investments Corp.<\/p>\n<p>Rx Choice, Inc.<\/p>\n<p>Silver Springs Road-Baltimore, Maryland\/One, LLC<\/p>\n<p>Silver Springs Road-Baltimore, Maryland\/Two, LLC<\/p>\n<p>State &amp; Fortification Streets-Jackson, Mississippi, LLC<\/p>\n<p>State Street and Hill Road-Gerard, Ohio, LLC<\/p>\n<p>The Jean Coutu Group (PJC) USA, Inc.<\/p>\n<p>Thrift Drug Services, Inc.<\/p>\n<p>Thrift Drug, Inc.<\/p>\n<p>Tyler and Sanders Roads, Birmingham-Alabama, LLC<\/p>\n<p align=\"center\">SI-2<\/p>\n<hr>\n<p><\/p>\n<p align=\"center\"><strong>SCHEDULE II <br \/>\nNON-DE\/NY <br \/>\nSUBSIDIARY GUARANTORS<\/strong><\/p>\n<p>112 Burleigh Avenue Norfolk, LLC<\/p>\n<p>1740 Associates, LLC<\/p>\n<p>3581 Carter Hill Road-Montgomery Corp.<\/p>\n<p>4042 Warrensville Center Road-Warrensville Ohio, Inc.<\/p>\n<p>5277 Associates, Inc.<\/p>\n<p>537 Elm Street Corp.<\/p>\n<p>5600 Superior Properties, Inc.<\/p>\n<p>657-659 Broad St. Corp.<\/p>\n<p>764 South Broadway-Geneva, Ohio, LLC<\/p>\n<p>Apex Drug Stores, Inc.<\/p>\n<p>Broadview and Wallings-Broadview Heights Ohio, Inc.<\/p>\n<p>Eckerd Fleet, Inc.<\/p>\n<p>EDC Drug Stores, Inc.<\/p>\n<p>England Street-Asheland Corporation<\/p>\n<p>Fairground, L.L.C.<\/p>\n<p>GDF, Inc.<\/p>\n<p>Gettysburg and Hoover-Dayton, Ohio, LLC<\/p>\n<p>Harco, Inc.<\/p>\n<p>K&amp;B Alabama Corporation<\/p>\n<p>K&amp;B Louisiana Corporation<\/p>\n<p>K&amp;B Mississippi Corporation<\/p>\n<p>K&amp;B Services, Incorporated<\/p>\n<p>K&amp;B Tennessee Corporation<\/p>\n<p>K&amp;B Texas Corporation<\/p>\n<p>Keystone Centers, Inc.<\/p>\n<p>Lakehurst and Broadway Corporation<\/p>\n<p>Maxi Green, Inc.<\/p>\n<p>Mayfield &amp; Chillicothe Roads-Chesterland, LLC<\/p>\n<p>MC Woonsocket, Inc.<\/p>\n<p>Northline &amp; Dix-Toledo-Southgate, LLC<\/p>\n<p>P.J.C. of West Warwick, Inc.<\/p>\n<p>Patton Drive and Navy Boulevard Property Corporation<\/p>\n<p>PDS-1 Michigan, Inc.<\/p>\n<p>Perry Distributors, Inc.<\/p>\n<p>Perry Drug Stores, Inc.<\/p>\n<p>PJC of Cranston, Inc.<\/p>\n<p>PJC of East Providence, Inc.<\/p>\n<p>PJC of Massachusetts, Inc.<\/p>\n<p>PJC of Rhode Island, Inc.<\/p>\n<p>PJC of Vermont, Inc.<\/p>\n<p>PJC Realty MA, Inc.<\/p>\n<p>Ram-Utica, Inc.<\/p>\n<p align=\"center\">Schedule II-1<\/p>\n<hr>\n<p><\/p>\n<p>RDS Detroit, Inc.<\/p>\n<p>READ153s Inc.<\/p>\n<p>Rite Aid of Alabama, Inc.<\/p>\n<p>Rite Aid of Connecticut, Inc.<\/p>\n<p>Rite Aid of Florida, Inc.<\/p>\n<p>Rite Aid of Georgia, Inc.<\/p>\n<p>Rite Aid of Illinois, Inc.<\/p>\n<p>Rite Aid of Indiana, Inc.<\/p>\n<p>Rite Aid of Kentucky, Inc.<\/p>\n<p>Rite Aid of Maine, Inc.<\/p>\n<p>Rite Aid of Maryland, Inc.<\/p>\n<p>Rite Aid of Massachusetts, Inc.<\/p>\n<p>Rite Aid of Michigan, Inc.<\/p>\n<p>Rite Aid of New Hampshire, Inc.<\/p>\n<p>Rite Aid of New Jersey, Inc.<\/p>\n<p>Rite Aid of North Carolina, Inc.<\/p>\n<p>Rite Aid of Ohio, Inc.<\/p>\n<p>Rite Aid of Pennsylvania, Inc.<\/p>\n<p>Rite Aid of South Carolina, Inc.<\/p>\n<p>Rite Aid of Tennessee, Inc.<\/p>\n<p>Rite Aid of Vermont, Inc.<\/p>\n<p>Rite Aid of Virginia, Inc.<\/p>\n<p>Rite Aid of Washington, D.C., Inc.<\/p>\n<p>Rite Aid of West Virginia, Inc.<\/p>\n<p>Seven Mile and Evergreen-Detroit, LLC<\/p>\n<p>The Lane Drug Company<\/p>\n<p>Thrifty Corporation<\/p>\n<p>Thrifty PayLess, Inc.<\/p>\n<p align=\"center\">Schedule II-2<\/p>\n<hr>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[8693],"corporate_contracts_industries":[9496],"corporate_contracts_types":[9629],"class_list":["post-43842","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-rite-aid-corp","corporate_contracts_industries-retail__drug","corporate_contracts_types-securities"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/43842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=43842"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=43842"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=43842"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=43842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}