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Newspapers on One Year After NOVA's Collapse

The anniversary of NOVA's collapse has quietly come and gone. The Daily Yomiuri and Sankei Shimbun provide an update on what has been going on over the past year. Their stories are unsurprising, as many issues facing former students and instructors have yet to be resolved.

Eikaiwa: 

Nova: One Year Later

One year ago today, NOVA collapsed after Nozomu Sahashi was ousted in a coup d'etat by his directors who then filed for protection under the Corporate Rehabilitation Law. NOVA officially went bankrupt on November 26, with g.communication picking over the carcass of the Pink Bunny for any juicy tidbits.

Eikaiwa: 
Japan: 

The Struggle for Unpaid Wages Continues

Remember when the Osaka Labor Bureau sought to have Sahashi charged with non-payment of wages earlier this year? Prosecutors shot that idea down because they couldn't determine if the non-payment was deliberate or due to the company's poor financial state.

Eikaiwa: 
Japan: 

Sahashi Sued for 16 Million Yen

A class action lawsuit has been filed against NOVA. This time, 24 former students are suing Sahashi, five of his directors, and accounting firm KPMG AZSA & Co. for ¥16 million.

The group says they want the truth and those responsible to be held accountable, citing that about ¥56 billion yen was never returned to NOVA'S 300,000 students.

Eikaiwa: 
Japan: 

Eikaiwa Still in the Dumps

A new report by the Yano Research Institute shows that the language study market is still feeling the effects of Nova's collapse.

Pacific Lease Files For Bankruptcy

Another piece of NOVA dies.

Japan: 

Sahashi: I'm Innocent

Sahashi plans to plead innocent.

Eikaiwa: 
Japan: 

Sahashi Out on Bail

Sahashi has made bail and has been released.

Eikaiwa: 
Japan: 

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