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SUPREME COURT HOLDS POST-RETIREMENT BENEFITS PROVIDED BY A LABOR CONTRACT DID NOT VEST FOR LIFE

On February 20, 2018, the U.S. Supreme Court in CNH Industrial v. Reese rejected the Sixth Circuit’s approach to interpreting collective bargaining agreements (“CBA”), instead affirming that courts must interpret such agreements in accordance with ordinary principles of contract law.  The Court held the only reasonable interpretation of the CBA…

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