Opinion ID: 1235947
Heading Depth: 1
Heading Rank: 2

Heading: conclusion

Text: Our decision to affirm our prior decision in Bass I is based primarily on the adequate and independent state ground that the retirees are procedurally barred from recovery because they failed to proceed under the applicable state statute. However, we also hold that Beam does not mandate the retroactive application of Davis. As a result, we are free to utilize the Chevron Oil analysis to determine whether Davis can be applied prospectively. After having done such an analysis in Bass I, we conclude that Davis should be applied prospectively. However, even if we are incorrect and the Supreme Court does interpret Davis as being retroactive, we would still deny the retirees' refund as they are procedurally barred from recovery. Having reconsidered our July 31, 1990 decision in light of Beam, we conclude that nothing articulated in Beam requires a different result from that reached in our prior decision. Accordingly, our prior decision in Bass I is Affirmed.