Beacon Journal staff report
Holders of Fair Finance Co. investment certificates and other creditors will be getting letters announcing the first creditors' committee meeting May 17 in downtown Akron.
The meeting will be a ''quasi-judicial proceeding'' and start at 1 p.m. in the Akron City Centre Hotel, 20 West Mill St., downtown Akron. U.S. Bankruptcy Court in Akron does not have a room large enough to hold the expected large gathering.
No cameras or recording devices will be allowed in the so-called ''section 341'' meeting.
Court-appointed trustee Brian Bash will run the meeting and give an update on Fair Finance bankruptcy proceedings.
He said he anticipates taking questions from attendees.
There are more than 5,000 creditors, most of whom live in the greater Akron area, who bought more than $200 million in investment certificates from under-investigation Fair Finance.
