As reported by the Charleston, S.C. Post and Courier newspaper, the Charleston School of Law is facing upheaval after the founders of the decade-old school withdrew about $25 million in profits. According to the newspaper report, "Kevin Hall, a Columbia lawyer who represents InfiLaw System, a company trying to purchase the school, revealed the surprising financial information about founders Robert Carr, George Kosko, Ralph McCullough, Alex Sanders and Ed Westbrook at a public hearing last week. 'The Charleston School of Law, ladies and gentlemen, is in a financial tailspin,' Hall said. Carr, Kosko and Westbrook, the three remaining owners, confirmed Hall's description of the school's financial situation, and they all agreed that it got that way because owners for years had been pulling profits from the institution. But they disagree sharply on the school's future."
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