LIVERMORE After more than a years worth of controversy including accusations of fiscal mismanagement, charging tuition to foreign exchange students and child cruelty charges two Livermore charter schools are set to close.
The Tri-Valley Learning Corporation board, which managed the charters, directed its attorney on Tuesday to file for Chapter 7 bankruptcy, or a liquidation of all the companys assets. TVLC already had filed for Chapter 11 bankruptcy in November, but this new filing means all assets will be sold to pay off creditors.
