The Daily Docket: Altegrity Files Restructuring Plan

03/31/15

Altegrity Inc., which gained notoriety for vetting former National Security Agency contractor Edward Snowden, said its restructuring plan would pay general unsecured creditors just over two cents on the dollar for their claims. Read 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.”)

The Wall Street Journal reports on the Securities and Exchange Commission’s charges against Lynn Tilton and her Patriarch Partners firm for fraud.

According to WSJ, the Puerto Rico Electric Power Authority got an extended deadline for some loans.

A judge dismissed a lawsuit accusing Phil Falcone and his Harbinger Capital Partners of misleading investors about Harbinger’s LightSquared stake, Bloomberg reports.

Detroit’s mayor wants to release the city’s schools from control of emergency management, WSJ reports.

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

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