In bankruptcy law, a proceeding is core if it invokes a substantive right provided by the Bankruptcy Code or by nature could arise only in the context of a bankruptcy case.
One case has held that factors that a court may consider in deciding whether claim is "core" or "non-core" matter are the following:
- whether claim is not specifically identified as "core" matter in jurisdictional provision;
- whether claim existed prepetition;
- whether claim would continue to exist independent of provisions of title 11; and
- whether parties' rights, obligations, or both are significantly affected as result of debtor's bankruptcy filing
Related Terms
Terms with 'Core' or 'Proceeding'
