A restructuring or audit repository brings corporate records together in one secure place for review by advisers, auditors or regulators.
The challenge
Restructurings and regulatory reviews are often highly confidential and move quickly. Records need to be shared with a tightly controlled group, and you may later need to show exactly who had access to what.
How Legatics helps
Strict control over access
Permissions at data room, folder and document level make sure only the right people see sensitive records.
Remember that matter access isn't enough
Being added to a matter doesn't give someone access to its data rooms. Each person must be given permission to the data room itself, adding an extra layer of protection.
A complete audit trail
Activity tracking shows who has viewed or downloaded documents, and a permissions report shows who has access to what.
Protect confidential material
Watermarks and print restrictions discourage documents from being shared further.
How different practice areas use it
Restructuring and insolvency
A restructuring team can bring together the financial and corporate records needed during a standstill period, sharing them only with the lenders and advisers who need to see them.
Financial services regulation
Supporting documents for an application to the Financial Conduct Authority can be collected and organised before submission.
Corporate
Information needed by auditors can be shared securely, without sending it by email.
Getting started
Explore the Data rooms collection on the knowledge base to create your first data room.
đŹ If you need any further assistance, reach out to customer.success@legatics.com.
