Andrew C. Glassman

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.

Office

Professional Affiliations

American Bar Association

Connecticut Bar Association

New York Bar Association

American Arbitration Association's Commercial Arbitrator's Panel

Community Involvement

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 the Global Top 200 Cannabis Lawyers 2022/2023 published by Cannabis Law Report 

Listed in Chambers USA, America's Leading Lawyers to Businesses

Named Hartford "Lawyer of the Year" by The Best Lawyers in America in the area of mergers and acquisitions law in 2022 and 2023; Named in the area of corporate governance law in 2016 

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; Listed in the area of business organizations (including LLCs and Partnerships) since 2023; Listed in the area of corporate law for 2024 and 2025

Named 2022 Attorney of the Year by the Connecticut Cannabis Chamber of Commerce

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 

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Speaking Engagements

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