Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

core proceeding

Read a random definition: incorporation by reference

A quick definition of core proceeding:

A core proceeding is a legal case that involves claims that have a big impact on the relationship between someone who owes money (a debtor) and the people they owe money to (creditors). This could include things like trying to get back money that was given to someone else before the debtor filed for bankruptcy. In these cases, the bankruptcy court (a special court that deals with bankruptcy cases) makes the final decision instead of a regular court. There are also other types of cases that the bankruptcy court can hear if they are related to the bankruptcy, like cases that involve federal laws.

A more thorough explanation:

A core proceeding is a legal case that involves claims that significantly impact the relationship between a debtor and creditor. These claims may include actions to recover preferential transfers, which are transfers made by the debtor to a creditor before filing for bankruptcy. In a core proceeding, the bankruptcy court is responsible for conducting the trial or hearing and issuing a final judgment.

Additionally, a core proceeding may involve subject matter that falls within the scope of federal bankruptcy law and the management of the debtor's estate. This means that a federal bankruptcy court may hear cases that have an independent basis for subject-matter jurisdiction, such as a federal question.

Examples of core proceedings include:

  • An action to recover a preferential transfer made by the debtor to a creditor before filing for bankruptcy.
  • A dispute over the validity or priority of a lien on the debtor's property.
  • An objection to the discharge of a debt owed by the debtor.

These examples illustrate how a core proceeding involves claims that significantly impact the debtor-creditor relationship and fall within the scope of federal bankruptcy law. In each case, the bankruptcy court would be responsible for conducting the trial or hearing and issuing a final judgment.

core earnings | core rights

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
LSD+ is ad-free, with DMs, discounts, case briefs & more.