Exhibit 5.1
February 27, 2025
Moelis & Company
399 Park Avenue, 5th Floor
New York, New York 10022
Re: |
Moelis & Company Registration Statement on Form
S-8 |
Ladies and Gentlemen:
I am the General Counsel and Secretary of Moelis & Company, a Delaware corporation (the Company). This opinion is being provided in
connection with the Registration Statement on Form S-8 of the Company (the Registration Statement) to be filed with the Securities and Exchange Commission (the Commission) under the
Securities Act of 1933, as amended (the Securities Act), on the date hereof, relating to the registration of up to 518,306 additional shares of Class A common stock, par value $0.01 per share, of the Company (the Shares)
that may be issued under the Moelis & Company 2024 Omnibus Incentive Plan (the Plan). The Company filed with the Commission a Registration Statement on Form S-8 to register 15,000,000
shares under the Plan on June 18, 2024 (the 2024 Registration Statement).
This opinion is being furnished in accordance with the
requirements of Item 601(b)(5) of Regulation S-K of the General Rules and Regulations under the Securities Act.
In rendering the opinion set forth herein, I have examined originals or copies, certified or otherwise identified to my satisfaction, of the following:
(i) the Registration Statement in the form to be filed with the Commission on the date hereof; (ii) the 2024 Registration Statement (iii) the Plan; (iv) the Amended and Restated Certificate of Incorporation of the Company, as
amended to date and currently in effect; (v) the Amended and Restated Bylaws of the Company, as amended to date and currently in effect; (vi) certain resolutions of the Board of Directors of the Company relating to the approval of the Plan
and certain related matters; and (vii) certain voting results of the 2024 Annual Meeting of Stockholders of the Company relating to the approval of the Plan. I also have examined originals or copies, certified or otherwise identified to my
satisfaction, of such records of the Company and such agreements, certificates and receipts of public officials, certificates of officers or other representatives of the Company and others, and such other documents as I have deemed necessary or
appropriate as a basis for the opinion set forth below.
In my examination, I have assumed the legal capacity of all natural persons, the genuineness of
all signatures, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as facsimile, electronic, certified or photostatic copies, and the authenticity of the originals of
such copies. In making my examination of executed documents, I have assumed that the parties thereto, other than the Company, had the power, corporate or other, to enter into and perform all obligations thereunder and have also assumed the due
authorization by all requisite action, corporate or other, and the execution and delivery by such parties of such documents and the validity and binding effect thereof on such parties. As to any facts material to the opinions expressed herein that I
did not independently establish or verify, I have relied upon statements and representations of officers and other representatives of the Company and others and of public officials.
In rendering the opinion stated herein, I have also assumed that (i) the issuance of the Shares will be properly recorded in the books and records of the
Company and (ii) each award agreement under which options, restricted stock, restricted stock units or other awards are granted pursuant to the Plan will be consistent with the Plan and will be duly authorized, executed and delivered by the
parties thereto.
I do not express any opinion with respect to the law of any jurisdiction other than Delaware corporate law (including, to the extent
applicable, the Delaware constitution and judicial decisions).
Based upon the foregoing and subject to the foregoing, I am of the opinion that the Shares
have been duly authorized by the Company and, when the Shares are issued to the participants in accordance with the terms and conditions of the Plan and the applicable award agreement for consideration in an amount at least equal to the par value of
such Shares, the Shares will be validly issued, fully paid and nonassessable.