May 22, 2026
A Texas bankruptcy judge on Friday agreed to give interim approval to $9.5 million in new money debtor-in-possession financing for oilfield services company Warrior Technologies, minus a provision that would allow part of the loan to prime other lenders' debt, saying there had not been adequate notice.
May 21, 2026
Warrior Technologies, a company that provides oilfield and trucking services, filed for Chapter 11 protection in Texas bankruptcy court on Thursday with about $38 million in secured debt, blaming its distress on a rise in fuel and insurance costs.