In re AutoStyle Plastics, Inc.

SUPPLEMENTAL OPINION

JO ANN C. STEVENSON, Bankruptcy Judge.

Following entry of a decision in this case on December 31, 1997, see 216 B.R. 784, granting in part and denying in part the Cross- Motions for Summary Judgment filed by Bayer Corporation, MascoTech and Citi-corp Venture Capital, Ltd. (Citicorp) and joined by the State of Michigan as Custodian for Certain State Retirement Systems (State), the court identified one remaining issue: Is a participation agreement entered into in March of 1990 valid when the funds relating to that agreement were not actually transferred until September 1996…