Circle v. Jim Walter Homes, Inc.

LOGAN, Circuit Judge.

This appeal arises out of consolidated class actions brought in federal court under its diversity jurisdiction against Jim Walter Corporation and its subsidiaries Jim Walter Homes, Inc. and Mid-State Homes, Inc. The basic contention is that these defendants were liable for violations of Oklahoma’s version of the Uniform Consumer Credit Code (UCCC) because negotiable instruments were taken to evidence class members’ indebtedness in sales transactions in that state. A pretrial settlement resolved the claims of members of one of three classes of plaintiffs. All that remains…