Mealey's Labor & Employment - 6th Circuit: Sale Of Division Constituted Involuntary Termination Under Plan

Mealey's Labor & Employment - 6th Circuit: Sale Of Division Constituted Involuntary Termination Under Plan

CINCINNATI - The sale of an Anheuser-Busch Cos. Inc. subsidiary less than three years after the takeover of Anheuser-Busch entitled the employees of the sold subsidiary to enhanced retirement benefits pursuant to unambiguous pension plan language despite those employees' retaining their jobs, the Sixth Circuit U.S. Court of Appeals ruled July 11, reversing a trial court's rejection of the employees' request for the enhanced benefits (Rusby Adams, Jr., et al. v. Anheuser-Busch Companies, Inc., et al., No. 13-3149, 6th Cir.; 2014 U.S. App. LEXIS 13146).

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