The Draper Law Firm regularly represents, counsels and acts as a Detroit business lawyer for clients with millions of dollars worth of business transactions. The Draper Law Firm has represented private and closely held businesses in a variety of transactions, including mergers, acquisitions, asset purchases and sales and stock purchases and dispositions.
Structured and completed sale of client’s declining retail business to one of Michigan’s largest municipalities, allowing client to take proceeds and invest in new, more lucrative business. Negotiations and approvals obtained from City’s law department, City Council and Downtown Development Authority.
Represented international IT company in the sale of the majority of its U.S.-based assets. The transaction involved the sale of interests in real estate, trade names, web addresses as well as company’s equipment and inventory. The Draper Law Firm also resolved a number of complicated liabilities with various creditors that the company was holding.
Represented and counseled a closely-held, Detroit-area business in an asset sale disposing of all of its business property. The sale resulted in nearly $1 million net gain to the business owner.
Drafted all transfer documents and negotiated the sale of client’s party store, part of major Metro Detroit chain, including transfer of liquor license.