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: Cincinnati Law Library Blog

Retiree Benefits Bankruptcy Protection Act Holds Over ERISA Plans

By Chuck Kallendorf

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"In a huge win for labor," a Law.com article yesterday reported, "the U.S. 3rd. Circuit Court of Appeals has ruled that a corporation in bankruptcy cannot terminate its retirees' health and life insurance benefits -- even if its ERISA plan explicitly reserved its right to unilaterally terminate such benefits -- unless it can show that doing so is a necessary part of its reorganization plan? "The

Full post as published by Cincinnati Law Library Blog on July 20, 2010 (boomark / email).

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