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Exhibit
5.1
Re: Registration
Statement on Form S-8
Gentlemen:
This
opinion is submitted pursuant to the applicable rules of the Securities and
Exchange Commission with respect to the registration for public sale of up
to
87,150
shares
of common stock of Inter Parfums, Inc (“Common Stock”) issuable upon the
exercise of stock options granted under the Company’s employee stock option
plans and non-employee director stock option plans.
In
connection therewith, we have examined and relied upon original, certified,
conformed, photostat or other copies of (a) the Certificate of Incorporation,
as
amended, and Bylaws of the Company; (b) resolutions of the Board of Directors
and shareholders of the Company authorizing the adoption of such stock option
plans; (c) the Registration Statement and the exhibits thereto; and (d) such
other matters of law as we have deemed necessary for the expression of the
opinion herein contained. In all such examinations, we have assumed the
genuineness of all signatures on original documents, and the conformity to
originals of certified documents of all copies submitted to us as conformed,
photostat or other copies. In passing upon certain corporate records and
documents of the Company, we have necessarily assumed the correctness and
completeness of the statements made or included therein by the Company, and
we
express no opinion thereon. As to the various questions of fact material to
this
opinion, we have relied, to the extent we deemed reasonably appropriate, upon
representations or certificates of officers or directors of the Company and
upon
documents, records and instruments furnished to us by the Company, without
independently checking or verifying the accuracy of such documents, records
and
instruments.
Based
upon and in reliance of the foregoing, we are of the opinion that the shares
of
Common Stock, when issued in accordance with the Company’s stock option plans
referred to above and certain stock option agreements pursuant thereto, will
be
validly issued, fully paid and non-assessable.
We
hereby
consent to the filing of this opinion as an exhibit to the Registration
Statement.
Very
truly yours,
/s/
GrayRobinson, P.A.
GrayRobinson,
P.A.