The opinion of the Supreme Court regarding the case of the National Labor Relations Board v. Yeshiva University is presented. The University opposed a petition of the faculty union seeking certification as bargaining agent for the full-time faculty members of certain schools. Refusal by the University was on the ground that all of its faculty members are managerial or supervisory personnel and therefore not employees within the meaning of the National Labor Relations Act. The National Labor Relations Board held that the faculty members are professional employees entitled to protection under the Act. The Board ordered the University to bargain and sought enforcement in the Court of Appeals, which denied the petition. The court held that the faculty members are endowed with managerial status sufficient to remove them from the Act's coverage. The majority opinion of the Supreme Court, held by Justices Powell, Burger, Stewart, Rehnquist, and Stevens, found that the University's full-time faculty members are managerial employees excluded from the Act's coverage. A dissenting opinion, held by Justices White, Marshall, and Blackmun, is presented. (SW)