Skilled Nursing News November 1, 2024
The CEO and sole owner of Life Care Centers of America, Forrest Preston, is facing a conservatorship bid from his son, with the suit raising questions about the future of one of the nation’s largest nursing home providers.
Preston’s son, Aubrey B. Preston, is seeking a court intervention in the matter, alleging in an Oct. 29 complaint filing that Forrest’s wife, Kim Phuong Nguyen Preston, and her family have abused and financially exploited his father.
The older Preston is being asked by a county judge to submit to two medical examinations within 10 days amid the conservatorship petition.
The filing asserts that Forrest’s disabilities have allowed Nguyen Preston’s family to disrupt Life Care’s operations and potentially threaten its financial stability....
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