Current posture

What matters now

Warrior Technologies remains in Chapter 11, with the immediate contested issue a PNC Bank request for stay relief or adequate protection that the Court continued to September 17, 2026; any opposition was due August 27. Court minutes continuing PNC’s motion Dkt. 207 The Texas-based environmental and industrial-services provider filed its voluntary Chapter 11 petition on May 21, 2026. Chapter 11 petition Dkt. 1 Management attributed the filing to rising fuel and insurance costs, a seasonal revenue slowdown, a January ice storm that halted operations for more than a week, and slower customer collections that reduced availability under its revolving facility. Wommack declaration supporting the petition and first-day relief Dkt. 9 The debtor had approximately $43.1 million in funded debt, comprising a senior Commercial Funding facility, equipment financing, and related-party loans, as reflected in the capital structure described in the Wommack declaration Dkt. 9. The case began as an operating restructuring supported by court-authorized interim DIP financing and cash-collateral use: up to an $18 million revolving facility from Commercial Funding and a $5.7 million term facility from Commercial Credit Group, with…

Updated Aug 24, 2026