GUARANTEE ACCEPTANCE CORP. v. FIDELITY MORTG. INV.

No. 75-1798.

544 F.2d 449 (1976)

In the Matter of GUARANTEE ACCEPTANCE CORPORATION, Debtor-Appellant, v. FIDELITY MORTGAGE INVESTORS, Appellee.

United States Court of Appeals, Tenth Circuit.

Decided November 8, 1976.


Attorney(s) appearing for the Case

Charles A. Whitebook, Tulsa, Okl. (Lloyd K. Holtz, Tulsa, Okl., on the brief), for debtor-appellant.

Robert F. Marshall, Beverly Hills, Cal., for appellee.

Before HILL, McWILLIAMS and BARRETT, United States Circuit Judges.


HILL, Circuit Judge.

Guarantee Acceptance Corporation (GAC), voluntary petitioner for Chapter X corporate reorganization pursuant to 11 U.S.C. § 501 et seq., appeals an order of the United States District Court for the Northern District of Oklahoma dismissing its petition for improper venue.

GAC is an Oklahoma corporation whose only business activity at the time of filing the present suit was construction and development of a condominium townhouse...

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