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PEOPLE v. INT'L BUSINESS MACHINES CORP.

No. 54796.

89 Ill.2d 287 (1982)

432 N.E.2d 867

THE PEOPLE OF THE STATE OF ILLINOIS, Appellant, v. INTERNATIONAL BUSINESS MACHINES CORPORATION, Appellee.

Supreme Court of Illinois.

Rehearing denied March 25, 1982.

Attorney(s) appearing for the Case

Richard M. Daley, State's Attorney, of Chicago (Jane Clark Casey, Deputy State's Attorney, and Henry A. Hauser, Assistant State's Attorney, of counsel), for the People.

Sidley & Austin, of Chicago (J. Robert Barr, Frederic J. Artwick, and Joanne M. Frasca, of counsel), for appellee.

Judgment affirmed.

JUSTICE MORAN delivered the opinion of the court:

The State brought an action against defendant, International Business Machines Corporation (IBM), for nonpayment of $2,595,394.86 in personal property taxes pursuant to the Cook County assessor's 1976 assessment. The circuit court of Cook County found constructive fraud in the assessor's 1976 personal property assessment and entered judgment in...

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