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WeeFugu (Offline)
JF Regular
 
Posts: 34
Join Date: Apr 2010
Location: Edinburgh, Scotland
04-21-2010, 07:05 PM

I believe it is bankruptcy is it not?

http://headlines.yahoo.co.jp/hl?a=20...00546-san-soci

Quote:
Translated:
GEOS English major (Tokyo) on Monday announced the start bankruptcy proceedings. Management and preservation of property order received from the Tokyo District Court on Sept. 20. According to the provisional administrator net debt is about 75 billion yen in the end of March this year.


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