Split 4th Circuit Vacates Vesting Ruling In Life Insurance Termination Row

Mealey's (July 19, 2022, 2:48 PM EDT) -- RICHMOND, Va. — In a July 15 decision that otherwise unanimously upholds a grant of summary judgment in a putative class complaint over termination of retiree life insurance coverage, a Fourth Circuit U.S. Court of Appeals panel split on a question of vesting, with the majority vacating the trial court on only that issue....