MEMORANDUM AND ORDER ON CROSS-MOTIONS FOR SUMMARY JUDGMENT
ALAN H.W. SHIFF, Chief Judge.
The plaintiff-debtor, Raytech Corporation ("Raytech"), and the defendant, the Pension Benefit Guarantee Corporation ("the PBGC"), have filed cross motions for summary judgment. This decision addresses the PBGC's motion as to count one of its counterclaim which alleges that Raytech is obligated to fund two pension plans.
BACKGROUND
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