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Home » Archives » November 2007 » Twelve Companies Show Interest to Sponsor NOVA

Twelve Companies Show Interest to Sponsor NOVA

Sunday, November 4, 2007 Posted: 08:50 PM JST

Twelve companies have applied to sponsor the rehabilitation of the failed foreign-language school NOVA Corp., Japanese media reports today. NOVA was granted protection from creditors on October 26.

According to court-appointed administrators some of the companies made specific proposals. The value of Nova's assets, however, has not been assessed, creating great uncertainty about Nova's rehabilitation.

Keywords: national_news

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The now legendary Sir Ernest Mason Satow (1843-1929) was a member of the British legation in Tokyo for twenty-one years. This classic book is based on the author's detailed diary, personal encounters, and keen memory. In it, Satow records the history of the critical years of social and political upheaval that accompanied Japan's first encounters with the West around the time of the Meiji Restoration. Fascinating.
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