The Daily Docket: Altegrity Enters Bankruptcy

Altegrity Inc. filed for Chapter 11 bankruptcy protection Sunday, in a bid to implement a restructuring agreed with its leading creditors. The Wall Street Journal has the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

A deal to sell Atlantic City, N.J.’s Revel Casino Hotel to a Florida developer is in jeopardy after a federal appeals court panel intervened to temporality block a provision of the deal that was unfavorable to the resort’s former tenants, DBR reports in WSJ.

A federal judge has dismissed much of the lawsuit LightSquared and Harbinger Capital Partners filed against companies in the global-positioning-system industry but said LightSquared can proceed with claims that the GPS equipment interferes with LightSquared’s network. Read the DBR article in WSJ.

Billionaire Ira Rennert said the $118 million in dividends taken by his Renco Group from a magnesium-mining subsidiary wasn’t used to build or buy his palatial 29-bedroom estate in the Hamptons, DBR reports in WSJ.

It doesn’t look like there are big discounts amid the RadioShack Corp. stores that are slated for closure, Corporate Intelligence reports.

The Consumer Financial Protection Bureau is looking for limits for payday lenders, DealBook reports.

(And don’t forget to check out our blog post about which RadioShack stores are set to close in bankruptcy.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa