Kunming Huayang Academy for Language and Culture

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Failed international HS

michael2015 (572 posts) • -2

The school owner has fled. This leaves all of the assets at the disposal of the actual property owner...in theory. Everything is negotiable.

As for the endless supply of prior students' parents - it can be a liability or a potential asset - depends on perspective and marketing savvy.

Geezer (1863 posts) • 0

I seriously doubt if there is any "CAPEX" as capital expenditures are funds spent to acquire assets. Any assets still there belong to any creditors and should have some residual value. The landlord, most likely had been paid in advance, would not have much claim on the assets other than possession.

In any case, the only people concerned would be those that are owed money and the opportunists who will make off with whatever they can take. Bet anything of value is long gone.

Dazzer (2701 posts) • +2

some peeps really dunno what they are talking about and just double down. should apply for job at wh.

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