OSAKA -- It is highly unlikely that students of the Kansai branches of the failed English-language school Toza Gaigo Gakuin or creditors of Alles, the school's operator, will recover their tuition or loan payments, as the bankrupt firm's collected assets were far less than taxes owed, an administrator told about 250 creditors Friday.The court-appointed administrator, attorney Tsukasa Tatsumi, said the assets recovered from the firm as of last Wednesday totaled about 14 million yen, but that about 64.5 million yen in taxes must be paid first.The number of credit claims filed with the administrator came to 2,280 totaling 1.16 billion yen, he said. Of these, more than 2,200 claims were brought forward by students, whose claims totaled nearly 800 million yen, Tatsumi said.Alles, the company which managed the English-language school in the Kansai region, was declared bankrupt in June following the sudden closure of all 18 Toza schools in the region on April 22. All 16 Toza schools in the Kanto region, which were managed by a separate firm, were closed by April 11.About 4,000 students who had paid tuition in advance were unable to continue their lessons, while 168 Alles employees, including 74 foreign teachers were left jobless.
