Lisa R. Pugh



Lisa Pugh helps corporations and LLCs work through complex tax and corporate matters. She advises public and private corporations on mergers and acquisitions, including taxable and tax-free transactions, as well as related issues such as executive compensation.
Lisa works with emerging and established companies on business development and joint ventures. Lisa also has experience in the tax aspects of public stock and debt offerings, convertible debt, debt securities denominated in various foreign currencies, and debt securities linked to market performance and stock indices.


Bar Admissions



University of Virginia School of Law
J.D. Law Review (1998)

University of Virginia
M.A. (1993)

University of Minnesota
B.A. Phi Beta Kappa, summa cum laude (1992)


Experience September 2023

Faegre Drinker Represents WSB & Associates, Inc. in Sale of Company to GHK Capital Partners LP

Experience 2023

Wells Fargo Capital Markets Activities

Experience September 2022

Faegre Drinker Advises UnitedHealth Group in Collaboration With Walmart

Experience July 2022

Pentair Acquires Manitowoc Ice for $1.6 Billion

Experience February 2022

Piper Sandler Acquires Cornerstone Macro

Experience January 2022

Target Corporation Issues $2B in Dual Tranche Offering

Experience September 2021

ADM Issues $750M of 2.700% Notes

Experience August 2021

Black Hills Corp. Issues $600M of 1.037% Notes

Experience June 2021

Hormel Acquires Planters Snack Nut Portfolio in $3.35 Billion Transaction

Experience June 2021

Hormel Issues $2.3 Billion of Debt Securities in Underwritten Public Offering

Experience February 2021

Target Corporation Completes $350M Disposition

Experience February 2021

Faegre Drinker Advises TCF National Bank in Acquisition of BB&T Commercial Equipment Capital, Corp.

Experience June 2020

Hormel Foods Completes $1B Notes Offering

Experience March 2020

C.H. Robinson Acquires Prime Distribution Services for $225M

Experience February 2019

Schwan's Delivers 70% Stake to New Owner

Experience 2019

Hormel Foods Sells CytoSport Business for $465M

Experience December 2018

Endocyte Acquired by Novartis in $2.1B Agreement

Experience February 2018

Buffalo Wild Wings Sells to Arby’s Restaurant Group

Experience October 2017

H.B. Fuller Acquires Royal Adhesives & Sealants

Experience June 2017

Alimentation Couche-Tard Acquires CST Brands for $4.4B

Insights & Events

Leadership & Community

Professional Associations

  • Faegre Baker Daniels Diversity & Inclusion Advisory Group

Firm Leadership

  • Co-leader, Executive Compensation Practice Team; Benefits Committee
  • Faegre Baker Daniels — Benefits Working Group; Diversity & Inclusion Advisory Group


  • Best Lawyers® — Tax Law, 2013-24
  • Minnesota Super Lawyers — Rising Star, 2008
Awards Methodology
No aspect of these recognitions has been approved by the highest court of any state.
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