The PE firm is now trying to abuse the bankruptcy process. They're trying to erase what they owe to the seniors they neglected and injured at Genesis Nursing Homes. And They're trying to sell Genesis to a new owner, a company called CPE 88988. Yeah, that is really the name. Why such a weird name? Well, maybe because they're trying to cover up the fact that the owner of CPE 88988 is the head of the same PE backed company that originally drove Genesis straight into the ground. (01:38–01:43)
CLAIM
Asserts that Genesis is being sold to a company named CPE 88988.
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