
Alicia McElhaney
Bankruptcy Reporter at The Wall Street Journal
reporter @wsjbankruptcy | she/her | tips & scoops to [email protected] ✨🌙
Articles
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1 week ago |
wsj.com | Alicia McElhaney |Alexander Gladstone
The B. Riley-backed company is facing litigation and share price concernsMay 6, 2025 1:13 pm ET|WSJ ProEnergy installation and technology company Babcock & Wilcox is working with investment bank Evercore and law firm O’Melveny & Myers to explore options for its debt stack as it faces a slumping stock price and litigation risks, people familiar with the matter said.
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2 weeks ago |
wsj.com | Alicia McElhaney |Soma Biswas
The public company skipped a bond interest payment and entered a 30-day grace period on April 1April 29, 2025 5:46 pm ET|WSJ ProSunnova Energy International, one of the largest solar-panel installation companies in the U.S., is preparing to file for bankruptcy within weeks following struggles with an $8.5 billion debt load and waning liquidity, people familiar with the plans said.
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3 weeks ago |
wsj.com | Alicia McElhaney |Alexander Gladstone
Wolfspeed should benefit from tariffs and federal chip-production grants, but its debt problems put at risk its $750 million in taxpayer backingApril 23, 2025 6:00 am ET|WSJ ProU.S. efforts to reshore chip production should be a boon for a manufacturer like Wolfspeed. Its debt-burdened balance sheet may hinder it from taking advantage.
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1 month ago |
institutionalinvestor.com | Michelle Celarier |Alicia McElhaney
Aristides Capital may be the first hedge fund to open an office in Canada under the new administration — and not because of Trump’s tariff policy, even though CEO Claire Brown, previously known as Chris, thinks those don’t make any sense at all. “Sometimes, the decisions we make to reduce tail risk are not purely financial,” Brown wrote in her April letter to investors.
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1 month ago |
wsj.com | Alicia McElhaney
Red Tree Investments, an affiliate of hedge-fund manager Contrarian Capital, was chosen as the lead bidder for Citgo last month with an offer valued at $3.7 billion. One of the largest oil refineries in the U.S., Citgo is being sold to cover debts owed by the bankrupt Venezuelan government.
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Perhaps even worse: some university professors are also secretly using ChatGPT to create and grade assignments. It's not exactly motivating for students to receive graded papers riddled with AI-related errors. Why even try to complete assignments on your own?

In only two years, ChatGPT and the surge of AI-generated cheating from college students it has created have unraveled the entire academic project. https://t.co/F3YGG9xCXo

Babcock & Wilcox $BW is negotiating with bond holders to trim down its $500k in debt.

Energy installation and technology company Babcock & Wilcox is working with investment bank Evercore and law firm O’Melveny & Myers to explore options for its debt stack https://t.co/wyxP44JanP

RT @NYCTSubway: You may wait longer for a Forest Hills-71 Av-bound M/R train while they share the tracks with rerouted trains. LIRR is cro…