Supreme Court Rules Against Provena

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Many of our Illinois hospital clients—especially those we represent on pending real estate tax exemption applications—have been awaiting the Illinois Supreme Court’s decision in the Provena matter with the hope that the decision would provide a “bright line” test and clarity. As discussed below, the decision leaves many unanswered questions.

Please see full advisory below for more information.

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Published In: Business Organization Updates, Health Updates, Residential Real Estate Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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