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Bankruptcy Law

Mercer Law Review

Journal

1991

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Bankruptcy, W. Homer Drake, James W. Dilz Jul 1991

Bankruptcy, W. Homer Drake, James W. Dilz

Mercer Law Review

The United States Court of Appeals for the Eleventh Circuit decided numerous cases arising under the Bankruptcy Code (the "Code"), during 1990 that covered a wide spectrum of topics. The court adopted a test for analyzing the bankruptcy nexus of noncore litigation to help define the bounds of the bankruptcy court's subject matter jurisdiction. The court quelled concern over preferences in the retail automobile industry by holding that security interests perfected in accordance with state law may not be set aside in bankruptcy. The Chapter 13 practice has been changed in many bankruptcy courts in the aftermath of two appellate …