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<P ALIGN="CENTER">UNITED STATES</P>


<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</P>


<P ALIGN="CENTER">WASHINGTON, DC 20549</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">FORM 8-K</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">CURRENT REPORT PURSUANT</P>


<P ALIGN="CENTER">TO SECTION 13 OR 15(D) OF THE</P>


<P ALIGN="CENTER">SECURITIES EXCHANGE ACT OF 1934</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">&nbsp;</P>


<P ALIGN="CENTER">Date of report (Date of earliest event reported):    October 6, 2005</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">&nbsp;</P>


<P ALIGN="CENTER">The FINOVA Group Inc.</P>


<P ALIGN="CENTER"> (Exact Name of Registrant as Specified in Its Charter)</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">DELAWARE</P>


<P ALIGN="CENTER">(State or Other Jurisdiction of Incorporation)</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">1-11011                                                                86-0695381</P>


<P ALIGN="CENTER">(Commission File Number)                        (IRS Employer Identification No.)</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">4800 N. Scottsdale Road, Scottsdale, Arizona                              85251-7623</P>


<P ALIGN="CENTER">(Address of Principal Executive Offices)                                                     (Zip Code)</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">480-636-4800</P>


<P ALIGN="CENTER">(Registrant's Telephone Number, Including Area Code)</P>


<P ALIGN="CENTER"></P>


<P ALIGN="CENTER">&nbsp;</P>


<P>&nbsp;</P>


<P>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>





<P>|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>





<P>|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>





<P>|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>





<P>|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>





<P>&nbsp;</P>


<P>&#9;Item 8.01   Other Events</P>


<P>&#9;</P>





<P>Reference is made to the Registrant's prior disclosure of litigation against its subsidiary, FINOVA Capital Corporation (the &quot;Company&quot;), with respect to The Thaxton Group Inc. (&quot;TGI&quot;) contained in the Registrant's prior periodic filings with the Securities and Exchange Commission and its Form 8-K filed September 29, 2005.   The Registrant is filing this Form 8-K to report that on October 6, 2005, the United States Court of Appeals for the Fourth Circuit issued an order granting the Company's petition for permission to appeal the order of the District Court for the District of South Carolina certifying five lawsuits brought on behalf of certain purchasers of subordinated notes of TGI as a class action and staying proceedings in the South Carolina District Court during the pendency of the appeal or until the further order of the Court of Appeals.</P>





<P>The Company continues to believe that all of the claims against it are without merit.  The Company intends to vigorously defend the claims asserted against it in the Class Actions and the other actions previously described in FINOVA's public filings.  </P>





<P>SIGNATURES</P>





<P>&#9;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>





<P>Date:  October 12, 2005</P>


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<P>THE FINOVA GROUP INC.</P>





<P>&nbsp;</P>


<U><P>     /s/ Philip A. Donnelly  &#9;&#9;&#9;</P>


</U><P>Name:&#9;Philip A. Donnelly&#9;</P>


<P>Title: &#9;Senior Vice President, General Counsel &amp; &#9;Secretary</P>


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{"company-data": {"conformed-name": "FINOVA GROUP INC", "cik": "0000883701", "assigned-sic": "6153", "irs-number": "860695381", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-11011", "film-number": "051134366"}, "business-address": {"street1": "4800 N. SCOTTSDALE RD.", "street2": "P O BOX 2209", "city": "SCOTTSDALE", "state": "AZ", "zip": "85251-7623", "phone": "4806364800"}, "mail-address": {"street1": "4800 N. SCOTTSDALE RD.", "street2": "P O BOX 2209", "city": "SCOTTSDALE", "state": "AZ", "zip": "85251-7623"}, "former-company": {"former-conformed-name": "GFC FINANCIAL CORP", "date-changed": "19930328"}}
UNITED STATES
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):    October 6, 2005
The FINOVA Group Inc.
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
1-11011                                                                86-0695381
(Commission File Number)                        (IRS Employer Identification No.)
4800 N. Scottsdale Road, Scottsdale, Arizona                              85251-7623
(Address of Principal Executive Offices)                                                     (Zip Code)
480-636-4800
(Registrant's Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01   Other Events
Reference is made to the Registrant's prior disclosure of litigation against its subsidiary, FINOVA Capital Corporation (the "Company"), with respect to The Thaxton Group Inc. ("TGI") contained in the Registrant's prior periodic filings with the Securities and Exchange Commission and its Form 8-K filed September 29, 2005.   The Registrant is filing this Form 8-K to report that on October 6, 2005, the United States Court of Appeals for the Fourth Circuit issued an order granting the Company's petition for permission to appeal the order of the District Court for the District of South Carolina certifying five lawsuits brought on behalf of certain purchasers of subordinated notes of TGI as a class action and staying proceedings in the South Carolina District Court during the pendency of the appeal or until the further order of the Court of Appeals.
The Company continues to believe that all of the claims against it are without merit.  The Company intends to vigorously defend the claims asserted against it in the Class Actions and the other actions previously described in FINOVA's public filings.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:  October 12, 2005
THE FINOVA GROUP INC.
/s/ Philip A. Donnelly
Name:	Philip A. Donnelly
Title: 	Senior Vice President, General Counsel & 	Secretary