In an ERISA action claiming that defendant breached its collective bargaining agreement (CBA) with, and violated fiduciary duties owed to, plaintiffs when it refused to provide plaintiffs with retiree health benefits, summary judgment for defendants is reversed where: 1) the district court erred in construing the CBA as including a specific durational clause limiting retiree healthcare benefits to the duration of the CBA; and 2) even if defendant-employer's transfer of assets was not a "fiduciary act," it was still required to comply with ERISA procedures.
Argued: October 23, 2008
Decided and Filed: September 2, 2009
Opinion by Judge White
Dissent by Judge Vinson