When a company is proposing to apply for
admission of its shares to AIM on an initial
public offering (IPO), legal due diligence is an
integral part of the process required to be carried
out by the company. Legal due diligence is primarily
designed to help minimise potential liability for the
company and its board of directors, who have
primary responsibility for the admission document.
The nominated adviser to a company, however,
is also responsible to the London Stock Exchange
for assessing the appropriateness of the
company for AIM, and legal due diligence plays
a key role in this. Legal due diligence will highlight
at an early stage of the process any issues
that need to be dealt with to ensure that the
company will be suitable for admission to AIM.
Through this process, the company will also gather
the information required to be included in the
As from 1 July 2005 the Bahraini Trade Mark Office will accept applications for services that fall into classes 42 to 45 in accordance with the Eighth Edition of the Nice Classification of Goods and Services.