The bankruptcy of The Buckingham in Houston allowed it to avoid paying back nearly $150 million in entrance fees — even after it was purchased by a private equity firm.

The bankruptcy of The Buckingham in Houston allowed it to avoid paying back nearly $150 million in entrance fees — even after it was purchased by a private equity firm. ↧ Promises unkept: Senior living home bankruptcies rob families of th... The bankruptcy of The Buckingham in Houston allowed it to avoid paying back nearly $150 million in entrance fees — even after it was purchased by a private equity firm.