M&G Polymers May Impact Private And Public Sector

Law360, New York (January 29, 2015, 11:15 AM EST) -- On Jan. 26, a unanimous U.S. Supreme Court in a harshly critical opinion overruled a decision by the Sixth Circuit that had in essence created a presumption that retiree medical benefits provided for in a collective bargaining agreement are per se vested, unless it can be proven by extrinsic evidence otherwise. In M&G Polymers USA v. Tackett, the Supreme Court rejected this presumption and a line of cases the Sixth Circuit erroneously relied upon....

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