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ZenniHome Files Bankruptcy, Stalls Federal Funds Lawsuit

ZenniHome Files Bankruptcy, Stalls Federal Funds Lawsuit

Published 3 weeks, 1 day ago
Description

ZenniHome, a Mesa homebuilder, files for Chapter 7 bankruptcy, avoiding a court hearing on receivership. The move comes amid a lawsuit over misused federal funds for a modular housing project. The bankruptcy filing halts state court action, providing ZenniHome with a reprieve. The projects fate and the federal funds remain uncertain.

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