Closed language school 'misled' students
Hundreds of thousands of euro is owed to international students of the Carlyle Institute in Dublin which closed suddenly two weeks ago.
Many students who paid €1,500 or more for courses joined Dublin City Council on a list of unsecured creditors.
On Thursday, the High Court heard the Institute sent forms to the students, asking them to sign them and claiming they were refund forms.
But the forms were proxy forms that signed away the students' voting rights as creditors.
A legal representative of the Carlyle Institute told a meeting of its creditors yesterday that the company accepted that students in India who are owed refunds of up to €5,000 were sent forms that were completely misleading.
He accepted this was "a serious misrepresentation".
Institute director Simon Morris attended the meeting.