How a Hospitality Business Hired a Lawyer to Draft a Share Purchase Agreement in Florida

In 2024, a business in Florida sought assistance with drafting a share purchase agreement as part of an acquisition deal. The client was purchasing another entity that owned a yacht, and it was crucial to ensure there were no liens on the yacht or existing liabilities linked to the LLC. The client had a clear vision for the agreement, including specific post-closing obligations and a defined closing date, and they needed swift support to meet an approaching deadline. As a result, the client received 12 proposals from licensed attorneys, with flat fee bids ranging from $499 to $15,000, all submitted to meet the client's urgency for completion within less than a week.