Warrior Technologies, LLC, a Midland, Texas-based environmental and industrial services company operating as Lobo Trucking, is in the fourth week of a contested Chapter 11 case in the Southern District of Texas before Judge Alfredo R. Pérez, with final authority over its combined DIP financing and cash-collateral motion still unresolved after a June 18, 2026 hearing was continued to June 22, 2026.
The Debtor filed its voluntary petitionDkt. 1 on May 21, 2026, citing rising fuel and insurance costs, a seasonal revenue slowdown extended by customer holiday breaks, slow customer payments that contracted its revolver borrowing base, and a January 2026 ice storm that idled operations for more than a week, as described in the Wommack first-day declarationDkt. 9. The company entered the case with roughly $43.2 million of funded debt: about $23.0 million under first-lien secured equipment financing agreements, $14.2 million under a first-lien Loan and Security Agreement with Commercial Funding, Inc., and $6.0 million of unsecured related-party loans. On first-day relief, the court has entered a final critical-vendors orderDkt. 106 authorizing up to $1.5 million in prepetition vendor payments, including scheduled payments to fuel-card provider Wex, Inc.
The contested issue is the Debtor's request for $23.7 million in postpetition financing from Commercial Funding, Inc. and Commercial Credit Group, Inc.—an $18 million CFI revolver that would roll up the $14.2 million prepetition loan and add roughly $3.88 million of new money, plus a $5.7 million CCG term loan—supported by priming liens and superpriority administrative claims. The motion has drawn objections from the Texas taxing authorities, Auxilior Capital Partners (which holds a purchase-money interest in two Kenworth tractors and challenges the priming, adequate protection, and marshaling-waiver terms), Daimler, First Internet Bank, and the Official Committee of Unsecured Creditors, which disputes the proposed roll-up and challenge-period limitations. At the June 18 hearing, the court expressed skepticism about its authority to prime ad valorem tax liens and directed the parties to negotiate over the weekend; reflect the continuation to June 22 with directions to file a revised proposed order, while the and accompanying witness and exhibit list frame the contested evidentiary issues for that hearing.
Near-term milestones include the continued final DIP/cash-collateral hearing on June 22, a relief-from-stay hearing set for July 9, and the Debtor's third motion to extend the schedule-filing deadlineDkt. 112, which seeks to push the Schedules and Statements deadline to June 25, 2026, ahead of the July 1 § 341 meeting.