In my view every school has its procedures on how instructors should carry out emergency procedures and traning, I think if any of them were violated as an ex.: opening throttle at the wrong time, autoing at a wrong altitude, etc, and the list goes on... You could consider picking up the tab of the excess to save your job, but if you followed everything by the books and it went wrong, unfortunately your are just part of the statistics, and they should be ready for that.
I think that's what I would do.
DS