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Photo of John Stafstrom Jr.

John F. Stafstrom Jr.

Member
Bridgeport Office
850 Main Street
P.O. Box 7006
Bridgeport, CT 06601-7006
p 203.330.2210
f 203.330.2089
Practice Areas
Bar and Court Admissions
  • Connecticut
  • U.S. District Court, District of Connecticut
Education
  • University of Connecticut School of Law, J.D., with honors, 1981; editor, Connecticut Law Review
  • College of the Holy Cross, B.A. in economics and accounting, 1978 

John F. Stafstrom Jr. is chair of the Public Finance Department and is experienced in the fields of government and municipal law, public finance and commercial finance and commercial transactions.

John has served as bond counsel, letter-of-credit counsel and underwriters’ counsel in large government bond transactions and has represented borrowers in significant government finance transactions. He also has drafted significant legislation in the public finance area.

John has extensive experience in negotiating contracts between private developers and contract operators and government entities. He has counseled financial institutions and government entities in transactions involving the making of loans and the modification, settlement and restructure of loan obligations. He also has extensive experience in negotiating intercreditor arrangements.

Representative Experience

  • Representation of Connecticut Innovations, Inc. and the University of Connecticut on the Jackson Laboratory Project in the structuring of $191 million in forgivable loans and $99 million in grants and as liaison with the State Treasurer and State Office of Policy and Management on the $290 million in State bond financing needed to create the Connecticut BioScience Collaboration and to site the Jackson Laboratory at the University of Connecticut as an economic generator
  • Representation of Stamford's Harborpoint Infrastructure Improvement District in its establishment as a special tax district including advisement of its structure and by-laws, bidding procedures, and corporate governance as well as structuring a 30-year tax sharing agreement with the City of Stamford and the issuance of $145 million in bonds to finance the public infrastructure of this $1 billion revitalization project
  • Representation of Connecticut’s largest City as bond counsel in all manner of transactions including general obligation bonds, pension bonds, taxable economic development bonds, and tax incremental financings. Represented the City in connection with funding for schools, an arena, a ballpark, numerous economic development projects and public/private partnerships
  • Representation of one of the country’s largest corporations and employers in negotiating tax incentives with the State of Connecticut and with two local municipalities to foster the siting of two separate facilities employing over 4,000 people
  • Representation of the Connecticut Airport Authority since its inception in establishing the Authority and its bylaws and operating procedures. Represented the Authority in the issuance of $_________ million of revenue backed taxable and tax-exempt bonds to finance the construction of a new consolidated rental car facility and parking at Bradley International Airport
  • Representation of a development entity in the initial phase of a multi-phased project to rehabilitate long abandoned factory buildings and brownfields sites into hundreds of units of housing and a charter school. Negotiated financing from private investors, State grants, CHFA bonds purchased by a union and historic and low income housing tax credits

Professional Affiliations

  • National Association of Bond Lawyers
  • Council of Development Finance Agencies
  • Government Finance Officers Association

Community Involvement

  • Lambda Legal – National Board of Directors; vice chair of development
  • P.T. Barnum Foundation, Inc. - board of directors and 2013 Barnum Festival Ringmaster
  • Nourish Bridgeport - Board of Directors
  • Bridgeport City Council - former four term member
  • Bridgeport Democratic Town Committee – former chairman
  • Bridgeport Regional Business Council - vice chairman, board of directors; former long term chair - Government Relations Committee
  • Career Resources, Inc. – founder

Honors & Awards

  • Listed in The Best Lawyers in America in the area of public finance law for 2018 and 2019
  • Received the highest peer review rating by Martindale-Hubbell (AV) 
  • Selected to the Connecticut Super Lawyers list in 2006 in the areas of securities and corporate 
  • nducted into the Junior Achievement of Western Connecticut's Hall of Fame, 2016
  • "Strong Community Builder Award" from the Alpha Community Services Branch YMCA, 2007
  • "Outstanding Volunteer of the Year" in the category of Leadership from the Volunteer Association of Greater Bridgeport
  • "Impact Award" from the Bridgeport Regional Business Council
  • "Community Builder Award" from the United Way of Eastern Fairfield County