Supreme Court Rejects Yard-Man Inference about Vesting of Lifetime Non-Pension Retiree Benefits through CBAs | Practical Law
In M&G Polymers USA, LLC v. Tackett, the US Supreme Court held that ordinary principles of contract law must be applied in interpreting collective bargaining agreements that define rights to retiree health benefits. The Supreme Court rejected the inferences adopted by the Sixth Circuit in International Union, United Auto., Aerospace & Agric. Implement Workers of Am. v. Yard-Man (Yard-Man), concluding that these inferences conflict with ordinary principles of contract law.