Best & Flanagan


Daniel L. Grimsrud


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Dan is the chair of Best & Flanagan’s Business Law section and serves as an advisor to privately held companies and tax exempt organizations of all shapes and sizes. In this role, Dan provides thoughtful and practical advice on a variety of issues including structure and governance, contract and regulatory matters, tax and transition planning and mergers and acquisitions. In addition, Dan works with members of the firm’s litigation and dispute resolution team to identify and implement practical solutions to governance and management disputes.

Representative engagements include:

  • Completion of numerous M&A transactions representing buyers, sellers and other constituents in transactions involving amounts ranging from a few hundred thousand to several hundred million dollars.
  • Planning and execution of a variety of corporate reorganizations, including tax-free spinoffs, combinations and conversions involving multiple entities and owners.
  • Resolution of shareholder disputes including several litigated matters.
  • Design and implementation of various strategic initiatives to improve tax, operational and governance efficiency and facilitate transition planning.
  • Securing federal, state and local approval for client transactions and initiatives.
  • Negotiating with taxing authorities to resolve income and sales tax disputes.

Dan believes that the practice of law is a team sport and he makes it a priority to involve other members of the firm where appropriate and to foster cooperation and collaboration with our clients and their employees and advisors.



  • University of Minnesota, J.D., cum laude, 2003
  • University of Wisconsin - Oshkosh, B.B.A, Finance and Accounting, 1999

Practice Areas


  • Closely-Held Businesses
  • Indian Tribes & Gaming
  • Insurance
  • Manufacturing
  • Nonprofit Organizations


  • State of Minnesota
  • U.S. District Court, District of Minnesota

Professional Associations & Memberships

  • American Bar Association
  • Minnesota State Bar Association
  • Hennepin County Bar Association

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