How a Retail Business Hired a Lawyer to Draft a Stock Purchase Agreement in Delaware

In 2024, a business in Delaware sought assistance with drafting a stock purchase agreement and a subscription agreement. The client, an Australian company, required these documents to be rephrased in accordance with U.S. and Delaware law to facilitate an investment from a U.S. investor. As part of the process, they had registered a Delaware C-Corp and needed to ensure proper compliance with legal standards for a stock transfer, enabling the C-Corp to entirely acquire the Australian entity. As a result, the client received 10 proposals from qualified lawyers, with flat fee bids ranging from $850 to $2,500, all submitted to meet the requested deadline of less than a week.