Warrior Technologies, LLC is operating under a final debtor-in-possession financing and cash-collateral order entered June 23, 2026, roughly five weeks into its Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of Texas before Judge Alfredo R. Pérez, with professional retention applications still pending and a contested relief-from-stay hearing set for July.
The Midland, Texas-based environmental and industrial services company — which does business as Lobo Trucking and serves oil and gas, renewable energy, and construction clients — filed its voluntary Chapter 11 petitionDkt. 1 on May 21, 2026. The filing was precipitated by rising fuel and insurance costs, a seasonal revenue slowdown extended by customer holiday breaks, a January 2026 ice storm that halted operations for more than a week, and slow customer payments that contracted the company's borrowing base under its revolving credit facility and drove acute liquidity constraints, as described in the first-day declaration of CEO H.H. "Tripp" Wommack, IIIDkt. 9. Warrior entered bankruptcy with approximately $43.2 million of funded debt: about $23.0 million outstanding under various first-lien secured equipment financing agreements, $14.2 million under a first-lien Loan and Security Agreement with Commercial Funding, Inc. (CFI), and $6.0 million of unsecured related-party loans.
To stabilize liquidity, the Debtor pursued a combined DIP and cash-collateral package from CFI and its affiliate Commercial Credit Group, Inc. (CCG). After a June 22, 2026 evidentiary hearing at which Wommack testified and exhibits were admitted , the court entered a authorizing an $18.0 million CFI revolving facility — roughly $3.88 million of new money plus roll-up of prepetition CFI obligations — and a $5.7 million CCG term loan bearing 14% interest, for $23.7 million in total commitments and approximately $9.58 million of new money. The DIP lenders receive superpriority administrative status and priming first-priority liens on substantially all assets, with the CCG priming lien subordinated to specified prepetition PMSI interests and excluding the Texas taxing authorities' ad valorem liens. Objections from those taxing authorities and from the Official Committee of Unsecured Creditors were resolved through revised order language reflected in the .
The case remains in its early operational phase. Retention applications for Loeb & Loeb LLP as bankruptcy counselDkt. 124 and HMP Advisory Holdings (Harney Partners) as financial advisorDkt. 125 are pending, and a relief-from-stay hearing is scheduled for July 9, 2026. The final DIP order fixes an August 24, 2026 deadline for parties to challenge the DIP lenders' prepetition liens and claims, establishing the near-term litigation horizon while the Debtor works toward a plan to restructure its secured debt.
