Scandals
The American Club, once the largest school in Tochigi Prefecture, north of Tokyo, was sued twice by its employees in the space of 13 months for withheld wages. During the second lawsuit its directors fled, while ignoring a court order to pay. News reports indicated the business was closed, but according to its business registration it is still a legal operating entity with 30 million yen in equity, and has never been in a state of bankruptcy.
The collapse of the troubled Nova chain left thousands of western foreigners with rent and bills to pay but no source of income and, in the majority of cases, no accommodation after their contracts were abruptly cancelled.
Read more about this topic: Eikaiwa School
Famous quotes containing the word scandals:
“People who don’t like scandals shouldn’t be in finance.”
—Christina Stead (1902–1983)