Signode Industrial Group LLC v. Stone

Issue: Whether the U.S. Court of Appeals for the 7th Circuit erred by holding – in conflict with decisions reached by at least two other federal courts of appeals and in spite of the Supreme Court’s holdings in M&G Polymers USA, LLC v. Tackett and CNH Industrial N.V. v. Reese that collective bargaining agreements must be interpreted according to generally applicable principles of contract law – that a collective bargaining agreement with an “express statement[] extending benefits beyond the term of agreement” irrefutably confers vested, lifetime benefits, even if the agreement separately reserves for the employer the right to terminate the agreement in its entirety.