CHARLESTON, SC (WCSC) - InfiLaw has no plans to resubmit an application with the SC Commission of Higher Education to buy the Charleston School of Law, according to an InfiLaw spokeswoman.
"We have no plans to resubmit our application to the CHE due to the fragile financial condition of the school, a situation created by decisions made solely by the ownership and academic leadership," stated Kathy Heldman with InfiLaw.
InfiLaw officials say they withdrew their application last June, effectively suspending their bid to purchase the school.
"However, it is important to note that despite the deteriorating financial condition of the school over the last eight months, because we cared for the students and future of the school, we held off collecting fees and loans payments owed to us in the hope decisions would be made that would put the school on a sound financial footing," Heldman said."Unfortunately that has not come to pass. We wish the best to students, alumni and the community."
The delegation voted 9-0 to pass a resolution of support of making the school a nonprofit and blocking the sale of the school to Infilaw.