Preheat oven to 350°F (177ºC). Grease and flour a 10-cup bundt pan; set aside.
In a mixing bowl add all of the cake ingredients.
Using an electric mixer, set it on low, then beat until the ingredients are combined. Turn the mixer to medium and continue to beat for 4 minutes. Pour into a prepared pan.
Bake in preheated oven for 45-50 minutes or until a skewer inserted into the center of the cake comes out with just a few moist crumbs. Cool in pan for 10 minutes, then invert onto a cake plate and cool completely.
Make Glaze:
Combine confectioner's sugar (1 1/2 cups) with lime juice (3 tablespoons) and whisk until smooth. Drizzle over the cake. Garnish as desired with lime peel.
Notes
Bundt Pan: This is the bundt pan I used and I love it. It's deeply detailed and it creates lots of little indentations to catch the yummy glaze. Remember, bundt pans come in different sizes. This pan is a 10 cup. When the cake bakes, it rises right up to the tippy top, but I've never had any problems with it overflowing.