Peggy Steif Abram advises clients on business matters including corporate governance, SEC reporting, contracts, financing, compliance and risk management. She is a trusted business adviser whose experience enables her to understand how a legal matter relates to the business goals of her client, to anticipate potential problems and to strategize and implement workable, creative solutions. She focuses on how daily decisions advance her clients' business objectives, and has particular expertise in crafting policies and procedures to mitigate risk across the full spectrum of business processes.
For the past several years, she has provided general counsel services and is corporate secretary to Hutchinson Technology Incorporated, a global technology manufacturer with disk drive components and medical device businesses. As general counsel on the Hutchinson legal team, she is responsible for ongoing compliance, reporting and governance obligations and major corporate transactions, as well as coordinating legal services in areas such as employment law, intellectual property, international business, real estate and litigation.
Peggy is regularly involved in a broad variety of corporate matters, including:
- Ongoing reporting and compliance matters, including disclosure practices, preparation of proxy materials and periodic reports, and addressing obligations relating to Section 16 and Rule 144 compliance
- Corporate governance, including board and shareholder relations issues
- Private debt placements and other financing arrangements, including equipment leasing and sale-leaseback transactions
- Contract negotiations and ongoing business review and documentation
- Public equity and debt offerings
- Risk management and records management programs and compliance
- Employee compensation plans and arrangements
Peggy is a partner in the firm and has practiced in Faegre Baker Daniels' Minneapolis office since 1986. She is currently president of the Faegre Baker Daniels Foundation, which supports the firm's communities by providing funding to social, cultural and legal nonprofit organizations. She is also currently a member of the firm's diversity committee.
- Phyllis Wheatley Community Lawyering Project — Team Member
- Habitat for Humanity
- National Association of Women Lawyers — Annual Meeting Sponsorship Committee, Co-Chair, 2012; Annual Meeting Planning Committee, 2006
- Faegre Baker Daniels Women's Forum for Achievement — Leadership Council, 2012-present
- Faegre & Benson Forum for Women's Achievement — Steering Committee, 2011
- Stages Theatre Company — Secretary of the Board and Board Member
- LearningWorks at Blake — Advisory Board Member
- Breast Cancer Awareness Association of Minnesota — Board Member
- Friends of Children Foundation — Counsel to the Board
- SEC Legal, Accounting and Enforcement Issues 2007 Annual Update (Co-Chair)
Bowne of Minnesota Seminar
- Navigating the New SEC Rules on Executive Compensation and Related Matters
Faegre Baker Daniels Seminar, Minneapolis and Denver, 2006
- SEC Legal, Accounting and Enforcement Issues 2006 Annual Update (Co-Chair)
Bowne of Minnesota Seminar
- Annual Contractors' Seminar - Records Management
Faegre Baker Daniels Seminar, 2006
- Navigating the 2005 Annual Report and Proxy Season
Faegre Baker Daniels Seminar, 2005
- Document Retention & Destruction in Minnesota
Lorman Education Services Seminar, 2004; ARMA International/Faegre & Benson Seminar, 2004
- Records Management & Discovery in the Electronic Age
Hennepin County Bar Association, Minneapolis, 2004; Faegre Baker Daniels Seminar, Minneapolis and Des Moines, 2003
- Reducing the Risks of Securities Litigation
Faegre Baker Daniels Seminar, 2000
- Medtech Deals—Recent Financing Trends
Faegre Baker Daniels Medtech Legal Update, 2010
- Understanding and Managing the Corporate Risks of Insider Trading
Trends, 2004
- Skeptics and Bloodhounds: Why Public Companies Can Expect a New Relationship With Their Auditors
Trends, 2003
- It's Time For a Reality Check on Document Retention
Trends, 2002
- Inside the Hutchinson Technology Legal Model
Trends, 2002
Related Practices
Capital Markets & Securities
Corporate
Corporate Governance
Emerging Companies & Venture Capital
Public Companies
Related Industries
Health Care
Life Sciences
Manufacturing & Industrials
Education
Harvard Law School
J.D., cum laude (1986)
University of Chicago
M.A. (1982)
Carleton College
B.A., summa cum laude, with distinction (1980)
Legal Updates
13-January-2010 - Medtech Deals—Recent Financing Trends
Bar Admissions
Minnesota
Events
10-January-2012 - Navigating the 2012 Annual Report and Proxy Season - Minneapolis
13-May-2008 - International D&O Liability Insurance Seminar: Managing Your Exposure in the Global Economy