USX Corp. v. White

Plaintiff-appellant, USX Corporation (USX), appeals from an administrative decision rendered by defendant-appellee, Jesse White, as Illinois Secretary of State (Secretary), in which the Secretary denied certain statements of correction and petitions for refund of franchise taxes filed by USX in connection with a merger that occurred on February 11, 1986. USX sought review in the trial court. The trial court affirmed the Secretary’s decision on the basis that the merger did not amount to a statutory merger for franchise tax purposes under the Illinois Business Corporation Act of 1983 (Act)…