Neil B. Glassman is chairman of the Board of Directors of Bayard and is a member of the firm’s bankruptcy group. Neil focuses his practice on commercial transactions, bankruptcy and insolvency law, and insurance and entity law. He joined Bayard in 1986.
Neil regularly represents debtors, official committees of unsecured creditors or equity holders, secured lenders, banks and insurance companies, financial institutions and publicly and privately held businesses in large bankruptcy cases and other insolvency proceedings including insurance company insolvencies. An experienced transactional attorney, Neil has also developed a substantial practice representing clients in relation to the law of Delaware business entities including corporations, business trusts, general and limited partnerships, limited liability companies, and conventional and captive insurance companies. Neil has developed a specialty in counseling insurance companies in regulatory matters in Delaware. He is regularly appointed as a hearing officer by the Insurance Commissioner of the State of Delaware in insurance matters pertaining to changes of control and advises merger parties themselves when not acting for the Commissioner.
Neil is a past President of the Commercial Law Section of the Delaware State Bar Association and is presently a member of its Statutory Trust Committee as well as a member of the Bankruptcy and the Corporation Law Sections. He also served on the Board of Directors for the Delaware Captive Insurance Association.
Neil is a published author and a frequent speaker on issues and developments in bankruptcy and insolvency law. He has been recognized by Chambers USA from 2006 through 2021 as a leader in bankruptcy and restructuring and since 2006 by Best Lawyers® as one of the foremost practitioners in his region. In 2012, 2013, and 2016-2020, he was recognized by Super Lawyers magazine as a Delaware Super Lawyer in business bankruptcy. In 2017, Neil was voted a Top Lawyer in Delaware Today magazine for his work in Business-Commercial Law. Neil is AV® Peer Review Rated by Martindale-Hubbell.*
*AV Preeminent and BV Distinguished are certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell® certification procedures, standards and policies. Ratings reflect the confidential opinions of members of the Bar and the Judiciary. Martindale-Hubbell ratings fall into two categories: legal ability and general ethical standards.