| has gloss | eng: Nova (formerly Nova Group) was the largest eikaiwa school (private English teaching company) in Japan until its widely publicized collapse in October 2007. Before its bankruptcy, Nova employed approximately 15,000 people across a group of companies that supported the operations of and extended out from the "Intercultural Network" of its language schools. Although the scope of its business operations reached its peak in February 2007 following a rapid expansion of its chain to 924 Nova branches plus a Multimedia Center located in Osaka, it took roughly eight months for the company to reach the point where it filed for bankruptcy protection on 26 October, 2007 whereupon the trading of its stock was suspended and was delisted on 27 November, 2007. On 6 November, 2007 court-appointed receivers announced that Nagoya-based G.Communication would sponsor Nova, operating just 30 branches. |
