INDIANA TAX COURT
Cases Transmitted
Week of 2/18/02


Name:          Eli Lilly and Co. v. Ind. Dept. of Revenue
Cause No.:     49T10-0202-TA-21
Date filed:    2/21/02
Attorneys:     Larry J. Stroble, Jennifer A. Dunfee
BARNES & THORNBURG                
11 South Meridian Street
Indianapolis, IN 46204            
(317) 231-7428
Type of Tax:     Income – taxpayer challenges whether it owes income tax on receipts of the issuance of treasury shares; whether partnership income from DowElanco was properly apportioned; whether certain receipts were double counted; whether taxpayer is allowed deduction for resource recovery equipment, and other issues.