Local News13 Investigates

Actions

New plan emerges to save troubled Art Institute of Las Vegas

School is expected to close March 31
Posted: 10:10 PM, Jan 31, 2019
Updated: 2019-02-01 07:28:52Z
Students and staff are undertaking an ambitious plan to save the troubled Art Institute of Las Vegas
Students and parents say they have seen ominous signs that the Las Vegas Art Institute is in danger of closing down
Students and parents say they have seen ominous signs that the Las Vegas Art Institute is in danger of closing down
Students and parents say they have seen ominous signs that the Las Vegas Art Institute is in danger of closing down
Students and parents say they have seen ominous signs that the Las Vegas Art Institute is in danger of closing down
Students and parents say they have seen ominous signs that the Las Vegas Art Institute is in danger of closing down

LAS VEGAS (KTNV) — There is a new effort by students and staff to save the Art Institute of Las Vegas after the sudden announcement it would close by the end of March.

The announcement came as a shock.

"It's just one heartache, nightmare after the other," said Art Institute student Ashayla Ross.

"We were blindsided," said Art Institute teacher William Turbay.

Turbay is a 16 year veteran of the school and said there may be a way to save the school through some legal wrangling.

"We want to start fresh, has nothing to do with a major corporation," said Turbay.

"Students in Las Vegas, a board of directors in Las Vegas, controlling the Las Vegas school or the arts, or whatever we are going to call it," added Turbay.

Turbay said Lawyers are working on the deal which involves unnamed local investors.

"We have to get interim funding for the shortfalls for whatever happens," said Turbay.

"We have to start the quarter with classes, students," added Turbay.

"We lose the students, we lose the school and it's impossible to get back," explained Turbay.

Turbay said the receivership currently controlling the school would be changed into a for-benefit corporation.

13 Investigates has uncovered court documents that show the parent company that operates the network of Art Institute locations, Dream Center Education Holdings L.L.C is in serious debt.

READ: DOCUMENTS REVEAL DREAM CENTER EDUCATION HOLDINGS L.L.C'S FINANCIAL TROUBLE

Turbay said the plan is ambitious and there is a fundraising effort to pay for the attorney.

Turbay is optimistic the plan will come together before the doors are set to close on March 31.

13 Investigates - Send us a tip
Do you have a story idea or tip for 13 Investigates? Fill out the form below.
Are you willing to go on camera?

Vegas Stronger