The term capital market law refers to the knowledge needed to successfully assist the company on its way to the stock exchange.

This involves the understanding of the company, civil and tax law, as well as a feeling for the requirements of the market. Its constant observation and an exchange with the accompanying bank in question is indispensable. The advisor's tasks, however, are mainly of legal character: already the contract with the bank is significant; in order to lower risks it is essential to prepare the company as far as its business structure and its contractual system is concerned.

Due diligence should become a standard in that respect in order to unveil contractual and tax risks and give the company a "professional outfit". Only then the central legal paper, i.e. offering documents or the prospectus, can be composed. For that reason , only a consulting office whose expertise is broad enough to cover and combine both the legal, tax and economic aspects involved will lead the issue to a successful outcome. Practical experience abroad, especially in the field of the US law, and confidence in English legal terminology are absolutely indispensable to place the company on the international stock market.


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