Legal

Lawyers have a crucial role to support Directors with a sound "due diligence defence" in respect of the IPO process. Indeed, the due diligence process may identify key changes necessary to the businesses or the offer document before submission to ASIC and before investors have the opportunity to become involved.

Strategic advice and transactional legal services for IPOs include:

• devising protocols for planning and transaction risk management;
• preparing prospectuses, employee share plans and other documents for ASX listing;
• capital management activities such as buy-backs, capital reductions and share sale facilities;
• advising issuers and lead managers in large public offerings and placements;
• capital reconstructions, including capital reductions and share buy-backs
• dealing with the ASX & ASIC; and
• advice on structures and positioning which plan for the post-listing future.