1. A proceeding involving claims that substantially affect the debtor-creditor rela-tionship, such as an action to recover a preferential transfer. • In such a proceeding, the bankruptcy court, as opposed to the district court, conducts the trial or hearing and enters a final judgment. Cf. RELATED PRO-CEEDING.
2. In federal courts, an action involving subject matter that is clearly within the confines of federal bankruptcy law and the management of the bankrupt’s estate. • A federal bankruptcy court may also hear noncore matters that have an independent basis for subject-matter jurisdiction, such as a federal question. For a nonexclusive list of core proceedings, see 28 USCA § 157(b)(2). [Cases: Bankruptcy 2043–2063. C.J.S. Bankruptcy §§ 5, 9–12, 14–15, 17–18, 22.]
