Streamlined CP management
We used Legatics on our Project Moonwalker transaction, which had 12 obligors, five jurisdictions and eight law firms assisting with the various finance documents and getting to completion. We had heard about Legatics through our colleagues, and this transaction sounded like a great fit for making this process run smoothly.
Managing a large number of deliverables across many jurisdictions
The need to restrict access
Manage multiple stakeholders
Keeping many parties up to date
Tools for the job
We set up our CP checklist on the platform, which enabled all parties to feed into the platform, seamlessly and efficiently managing a large number of deliverables across many jurisdictions.
Using Legatics minimised the amount of email traffic and calls, as Legatics shows the status of each deliverable in real time; and the up-to-date status of the overall transaction. This was critical with so many parties working on the transaction simultaneously.
We tailored the platform to restrict access to specific documents and features where appropriate, and allowed a select number of parties to mark a deliverable as “satisfied”. This was particularly helpful since only a handful of parties were providing CP satisfaction letters, so they needed a robust audit trail for issuing these. Tailoring was straightforward and the whole platform felt very intuitive.
Following the completion of the transaction, we received praise for our project management from both our client and the other parties involved, to which Legatics significantly contributed.
Using Legatics minimised the amount of email traffic and calls
Transparency and real-time updates
Ease of use
Fewer emails back and forth
Prompt parties actions
Visibility across discreet modules
The whole platform felt very intuitive.
Try Legatics today
If you use Word to manage your transactions, you can use Legatics. Using Legatics is that simple.