The former owner of a Rancho Cordova apartment complex that had been tagged with numerous code violations has filed for bankruptcy.
Listing between $10 million and $50 million in liabilities, Rishi and Mooni LP filed a petition in U.S. Bankruptcy Court on Monday seeking Chapter 11 reorganization. The company listed less than $10 million in assets, although a full detail of debts and liabilities has not yet been filed with the case.
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