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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.