Andrew C. Glassman is co-chair of the Business Organizations and Finance Practice. His practice includes corporate law and commercial transactions.
Andy understands his clients’ need to get thorough, timely and thoughtful legal advice in a cost effective manner. Andy’s practice focuses on middle market companies and he functions as an outside general counsel advising such clients on their merger and acquisition activities, capital raises, restructurings, supply and services agreements, material vendor contracts and loan documentation. In providing these services, Andy routinely provides counsel related to the retention of investment banking services, creation of special classes and series of equity, negotiation of shareholders’ rights agreements, limited liability company agreements, development of lay employee compensation arrangements and option programs, and various other equity structuring issues.
In his merger and acquisition work, Andy is regularly involved in the drafting and negotiation of asset purchase agreements, asset sale agreements, stock purchase and sale agreements and merger agreements and related ancillary documents. Many of these transactions include the discussion, negotiation and drafting of noncompetition and non-solicitation covenants and the consideration of the scope, intent and enforceability of such provisions. In his practice as general counsel to companies Andy is often asked to draft and negotiate agreements containing these restrictive covenants and to prosecute or defend covenant violations and advise clients on the strategies around the enforcement of such covenants.
In addition to his role as co-chair of the firm’s Business Organizations and Finance Practice, Andy is a member of the American Arbitration Association’s Commercial Arbitrator’s Panel. In his capacity as a practitioner and arbitrator, he is often called upon to draft, interpret and analyze contractual indemnification provisions, working capital targets and benchmarking in acquisition agreements, earn-out structuring and complex executive employment and compensation provisions.
Andy regularly appears before the Federal and State Wage and Hour Boards, the Department of Labor and the Connecticut Commission on Human Rights and Opportunities in his capacity as general employment counsel to his middle market clients.
Because of the growing interest in acquisitions and consolidations across business sectors, Andy is in demand as a frequent lecturer in seminars regarding the buying and selling of businesses, limited liability documentation and structuring and finance issues. He is a frequent lecturer before various trade and professional associations.
In 2015, Andy was appointed by Connecticut Governor Dannel P. Malloy to serve as a member of the Commission on Connecticut's Leadership in Corporation and Business Law, a delegation charged with developing and recommending policies to attract, encourage and retain businesses in Connecticut.
American Bar Association
Connecticut Bar Association
New York Bar Association
American Arbitration Association's Commercial Arbitrator's Panel
Commission on Connecticut's Leadership in Corporation and Business Law - member
Connecticut Science Center – Executive Committee and Board of Trustees
MetroHartford Alliance - Economic Development Council; Government Relations and Public Policy Committee; Racial Equity and Economic Development Committee
Hartford Chamber of Commerce - ex-officio director and current member
Simsbury Democratic Town Committee
Simsbury Rotary Club - past president, board member
Justice of the Peace
Honors & Recognitions
Listed in Chambers USA, America's Leading Lawyers to Businesses
Named Hartford Lawyer of the Year in the "Corporate Governance Law" category in 2016 by The Best Lawyers in America
Listed in The Best Lawyers in America in the area of corporate governance law and corporate compliance law since 2011; Listed in the area of mergers and acquisitions law since 2013
Selected to the Connecticut Super Lawyers list in 2006, 2008, 2009, 2010, 2011 and 2012 in the areas of business/corporate
Received the highest peer review rating by Martindale-Hubbell (AV)
- Regularly advises acquisitive clients in the precision manufacturing industry in their acquisition and sale activities
- Regularly reviews product and supply agreements for critical component vendors to OEM manufacturers
- Routinely represents alternative energy project developers in their commercial financings and assists clients with their power purchase agreements and energy incentive structurings
- Represented several investment groups in various transactions as the successful bidder as “Stalking Horse” in a Chapter 11 business acquisition bidding processes. Ultimate representation of the investment groups in the acquisition of the Chapter 11 assets and structuring of the operating companies
- Represented shareholders in early stage equity investment rounds for their high tech industrial company with ongoing advice regarding corporate governance issues
- Constructed incentive stock option programs and stock appreciation rights agreements
- Serves as general counsel to numerous middle market manufacturing, supply and service companies in several market sectors, including metal component manufacturing and automotive
News & Insights
- Andrew Glassman Quoted in Hartford Business Journal on the Emerging Cannabis Industry in ConnecticutHartford Business Journal, 07.26.2021
- newhavenBIZ, 05.05.2021
- The Marijuana Times, 11.10.2019
- Practical Guidance®, 04.2021
- Executive Order 10E and the Municipal Budget Process in 2021: Similar (But Not Quite Back) to "Normal"04.13.2021
- Recent Changes to CDC Guidance May Allow Employers to Safely Return Employees Exposed to COVID-19 to Work in Fewer Than 14 Days12.14.2020
- Connecticut CARES Small Business Grant Program Created to Help Small Businesses and Non-Profits Recover from Challenges of COVID-19 Pandemic10.29.2020
- Governor Lamont Declares Continuing State of Emergency, Extends Executive Emergency Powers Through February 9, 202109.04.2020
- Federal Reserve Board Expands Main Street Lending Program to Provide Loans for Nonprofit Organizations07.21.2020
- One Size Doesn’t Fit All: New EEOC Guidance Cautions Employers to Take an Individualized Approach in Returning ‘At-Risk’ Employees to Work in the Wake of COVID-1905.27.2020
- Paycheck Protection Program Frequently Asked Question 46: “How Will SBA Review Borrowers’ Required Good-Faith Certification Concerning the Necessity of Their Loan Request?”05.13.2020
- Federal Reserve Board Changes Some Loan Terms and Issues New Requirements for the Main Street Lending Program05.05.2020
- An Overview of the Connecticut Department of Economic Community Development's (DECD) Small Business Express Recovery Bridge Loan Program03.27.2020
- Does the Novel Coronavirus (COVID-19) Allow Reliance On Your Contract’s Force Majeure Provision? The Language Matters03.23.2020
- Cannabis: Can I Buy This? The Current Legal Landscape for Connecticut’s Marijuana Industry and Predictions for 202001.16.2020
Since 2006, P&C has provided blumshapiro with practical legal advice on the laws and regulations affecting merger and acquisition activities, personnel issues, and the Internal Revenue Code. Both organizations enjoy a shared goal of building lasting partnerships with clients and an investment in their success.09.24.2019
In 2012, Connecticut legalized the production and distribution of medical marijuana (MMJ) to registered patients. Since then, P&C attorneys have assisted the businesses that grow, dispense and provide testing services for this limited-use drug, including Advanced Grow Labs, a research and production facility in West Haven.09.24.2019
Pullman & Comley Corporate and Land Use attorneys have assisted Connecticut marijuana growers with regulatory issues and facility siting, as well as corporate governance, corporate structuring, tax issues and protection of client' intellectual property interests.
Our attorneys helped the United States Tennis Association (USTA) embark on a transformation of its online properties.
Pullman & Comley is participating in a number of endeavors to help Connecticut entrepreneurs and startups launch and build new businesses.
With its proximity to New York and Boston, high standard of living and talented workforce, Connecticut is an attractive state for international companies looking to land in the United States.
Our attorneys routinely advise our clients on best practices to meet the challenges presented by dramatic changes in labor and employment laws.
A significant number of Connecticut attorneys, in law firms, corporate legal departments and insurance agencies, turn to our Professional Liability team for risk management advice to handle their important matters.
Our firm has been a driving force in Connecticut's efforts to attract Israeli companies over the past five years through our relationships with The Connecticut Economic Resource Center and The University of Connecticut. One example is our client; H2O Farm, an Israeli company specializing in automated factory greenhouses using hydroponics technology.
Since medical marijuana was legalized in Connecticut, our attorneys have assisted the businesses that grow, dispense and provide testing services for this limited-use drug, while also advising employers grappling with employment policies and practices that need to be modified to meet the new statute guidelines.
As the automobile industry gained strength during the past years, the firm’s Automotive Dealers practice continued to guide franchised dealers through a host of issues from floor plan financing and succession planning to dealing with hazardous waste handling and energy services procurement to facing future regulatory challenges and managing succession planning.
In January 2014, the Connecticut Consumer Protection Commissioner selected our client, Advanced Grow Labs, LLC, as one of four companies to produce medical marijuana in the state of Connecticut.
- Mergers and Acquisitions
- Commercial Finance
- Intellectual Property and Technology
- Emerging Business and Venture Capital
- Labor, Employment Law & Employee Benefits
- Labor and Employment Counseling and Training
- Alternative Dispute Resolution
- Business and Finance
- Labor and Employment Litigation
- Workouts and Financial Restructuring
Bar and Court Admissions
- New York
- U.S. District Court, District of Connecticut
University of Connecticut School of Law, J.D., 1985; editor, Connecticut Law Review
Cornell University, B.S., 1982