Proton Therapy Center in Bankruptcy

There’s an interesting story in The Dallas Morning News via Dow Jones today about Kelcy Warren, the Preston Hollow oil-pipeline billionaire who owns a $25 million Park Lane estate and whose son is the namesake for Klyde Warren Park.

At any rate, Warren invested $20 million a few years ago with the developer of a planned cancer center in Dallas, specifically earmarked for a proton therapy facility.

The project remains unfinished, and Warren has filed court documents trying to oust the leaders of the development group, who he accuses of siphoning the loan money for projects in other cities, according to the report. Judges and bankruptcy lawyers will probably sort all of this out, but it doesn’t sound like we’ll see any such cancer center anytime soon.

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