Luisella Perri


Luisella (Sella) Perri is a partner and business lawyer with Foley & Lardner LLP. Sella is based in the firm’s Washington, D.C. office, where she is a member of the firm’s Taxation Practice Group.

Sella focuses her practice on federal tax laws and regulations related to tax-exempt financings. She has extensive experience in public finance matters involving Section 103 of the Internal Revenue Code and routinely represents clients in audits before the IRS concerning a wide variety of public finance issues. Sella also works with the U.S. Department of Treasury and the IRS when preparing, presenting, and obtaining IRS private letter rulings on complex tax matters on behalf of her clients.

Sella’s practice includes serving as a post-issuance resource for her clients. She provides comprehensive tax services after a transaction ends, including private use and exempt facility qualification.

Sella also represents issuers, borrowers, commercial lending institutions, developers, and investors in various financing and leasing projects, including public-private partnership transactions. She has a significant background in 501(c)(3) financings for health care facilities, hospitals, continuing care facilities, and a variety of governmental tax-exempt financing transactions, as well as projects involving multi-family housing, transportation, airport, health care, and education facilities.

Prior to Foley, Sella worked as a partner at a large law firm in its office in Washington, D.C. She previously clerked for the Honorable Ruth A. Jakubowski of the Circuit Court for Baltimore County, Maryland.


Awards and Recognition

  • Recognized, Best Lawyers in America, Public Finance Law (2021-2024); Tax Law (2021-2024)
  • Recipient, Maryland Daily Record’s Leading Women Award (2017)
  • Recipient, Community Law in Action’s Inspiring Voices Award (2015)Recognized, Maryland Rising Stars by Super Lawyers®, Taxation (2014)


  • District of Columbia Bar
  • Maryland State Bar Association
  • Leadership Maryland, Class of 2021
  • National Association of Bond Lawyers (NABL), Tax Law Committee (2015-Present); Vice Chair, Section 103 Editorial Board (2020-2022)
  • Baltimore County Bar Association

Community Involvement

  • Chimes, Board Member (2020-Present)
  • St. Elizabeth School Foundation, Board Member (2018-Present)
  • Baltimore Walk Now for Autism Speaks, Committee Co-Chair (2014-2017)

Presentations and Publications

  • Speaker, “IRS Enforcement/Leases and Non-Traditional Financings,” NABL The Essentials (June 9, 2021)
  • Faculty, “Arbitrage and Rebate/Refundings and Reissuance,” NABL U The Workshop (2017-2019)
  • Faculty, “Arbitrage and Rebate/Refundings and Reissuance/Implicit Bias in the Legal Profession and Model Rule 8.4(g),” NABL U The Essentials (2016-2018)
  • Faculty, “Tax Issues for Securities,” NABL U The Institute (2018)
  • Coeditor, Federal Taxation of Municipal Bonds Deskbook, Third Edition (November 2020-2022)
11 April 2024 Deals and Wins

Foley Advises Coalition For Health AI in its Formation and Structuring Founding Partnerships

Foley & Lardner LLP advised the Coalition for Health AI (CHAI), Inc. in its formation and on the structuring of its initial group of founding partnerships in support of its stated mission to be the trusted source of responsible AI in health that serves all.
03 November 2023 Honors and Awards

Luisella Perri Appointed Board President of Women in Public Finance Maryland

Foley & Lardner LLP partner Luisella Perri has been appointed board president of the Women in Public Finance Maryland Chapter.
17 August 2023 Honors and Awards

Foley Attorneys Recognized in 2024 Best Lawyers in America

Foley & Lardner LLP proudly announced today that 236 of the firm’s attorneys across 20 U.S. offices have received recognition in the 2024 edition of The Best Lawyers in America©.
22 March 2023 Article

Qualifying Qualified Broadband Projects: NABL’s Request for Guidance to Clarify Qualified Broadband Project Provisions

The Infrastructure Investment and Jobs Act has provisions to encourage investment in high-speed broadband projects, but as written, the legislation leaves open for interpretation several provisions.
31 January 2023 Deals and Wins

Foley Serves as Pro Bono Legal Advisor to Family PASS in Merger with Shelter House

Foley & Lardner LLP served as pro bono legal advisor to Fairfax County, VA-based Family PASS in their recent merger with Shelter House.
06 October 2022 In the News

Luisella Perri’s Move to Foley Featured in Legal Press

Recent lateral hire Luisella “Sella” Perri was featured in legal press, including a Law360 Tax Authority article titled, “Holland & Knight DC Tax Pro Lands At Foley & Lardner.”