6th Circ. Revives Retiree Claims Against Philips

Law360, New York (September 3, 2009, 3:00 PM EDT) -- A federal appeals court has reversed and remanded a dismissal of allegations that electronics manufacturer Philips Electronics North America Corp. breached a collective bargaining agreement by cutting health benefits for a group of retirees, saying the benefits may have been vested.

The U.S. Court of Appeals for the Sixth Circuit said in an opinion Wednesday that a lower court erred in ruling that the 2000 collective bargaining agreement in question “unambiguously” denied vesting rights to employees covered by the company's retirement programs.

The lead plaintiffs, retired...
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