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Exhibit
5.1
PRYOR CASHMAN LLP
7
Times Square, New York, NY 10036
Tel:
212-421-4100
Fax:
212-326-0806
www.pryorcashman.com
July 27, 2010
Pervasip
Corp.
75 South
Broadway, Suite 400
White
Plains, New York 10601
Ladies
and Gentlemen:
We have acted as legal counsel to
Pervasip Corp, a New York corporation (the “Company”), in connection with the
registration, pursuant to a registration statement on Form S-8 (the
“Registration Statement”) filed with the Securities and Exchange Commission
under the Securities Act of 1933, as amended (the “Securities Act”), of
5,000,000 shares (the “Shares”) of the Company’s common stock, $0.10 par value
per share (the “Common Stock”), pursuant to the 2010 Equity Incentive Plan (the
“Plan”).
We are qualified to practice law in the
State of New York. We express no opinion as to, and, for the purposes of the
opinion set forth herein, we have conducted no investigation of, and do not
purport to be experts on, any laws other than the laws of the State of New York
and the laws of the United States of America.
We have made such inquiries and
examined such documents as we considered necessary for the purposes of this
opinion, including the examination of executed or conformed counterparts, or
copies certified or otherwise proved to the registrant’s satisfaction, of the
following:
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(i)
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the
Certificate of Incorporation of the Company, as
amended;
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(ii)
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the
Bylaws of the Company, as amended;
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(iii)
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the
Registration Statement;
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(v)
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such
other documents, corporate records, certificates and other instruments as
we have deemed necessary or appropriate for the purpose of this
opinion.
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We have
assumed the genuineness and authenticity of all signatures on all original
documents, the authenticity of all documents submitted to us as originals, the
conformity to originals of all documents submitted to us as copies and the due
authorization, execution, delivery or recordation of all documents where due
authorization, execution or recordation are prerequisites to the effectiveness
thereof.
Based
upon the foregoing, and having regard for such legal considerations as we deem
relevant, we are of the opinion that the shares of Common Stock covered by the
Registration Statement have been duly authorized and, when the Registration
Statement registering such shares has become effective under the Securities Act,
and when such shares are issued and sold in accordance with the Plan, such
shares will be legally issued, fully paid and nonassessable.
We consent to the use of this opinion
as an exhibit to the Registration Statement, and to the use of our name in the
prospectus constituting a part thereof. In giving this 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 and the rules and regulations
thereunder.
This opinion is furnished in connection
with the transactions covered hereby. This opinion may not be relied
upon by you for any other purpose, or furnished to, quoted to, or relied upon by
any other person, firm or corporation for any purpose, without prior written
consent.
Very truly yours,
/s/ Pryor Cashman
LLP