9th Circ. To Rehear Raytheon Retiree Action

Law360, New York (January 14, 2011, 6:19 PM EST) -- The Ninth Circuit has agreed to reconsider Raytheon Co.'s appeal of a ruling ordering the defense contractor to repay millions of dollars in health insurance premiums it charged a class of workers who took early retirement.

A three-judge panel of the U.S. Court of Appeals for the Ninth Circuit, which had affirmed the lower court ruling in September, issued an order Thursday granting the rehearing and setting oral arguments for Feb. 22.

The appeals court will reconsider whether Raytheon's agreement to keep paying premiums until retirees...
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