A New York Menswear Company Built Around a Niche Market Files Chapter 11 Bankruptcy

Peter Manning LLC, a men’s clothing retailer from New York, enters bankruptcy amid a financial gap.

Written By Twinkle Jha
Representative Image, Peter Manning LLC has filed for bankruptcy (Image credit: Alba | Created on Canva)

New York-based Peter Manning LLC has officially filed for Chapter 11 bankruptcy protection. The men’s apparel company, which was established in 2013, has made this move while facing a significant gap between its assets and liabilities. The filing also lists unsecured claims related to taxes, lease obligations, credit card debt, and amounts owed to suppliers and vendors.

Note: A Chapter 11 bankruptcy filing is a legal process that allows a business to reorganize its debts, restructure obligations, and continue operating while working toward financial stability. Under Chapter 11, a debtor typically proposes a plan to repay creditors over time, subject to court approval. A Chapter 11 filing does not necessarily mean a business is closing or going out of business. For additional information, readers are encouraged to contact the business directly.

Peter Manning LLC Files for Chapter 11

Case records currently available on PACER show that the company submitted its petition on August 19, 2026. Peter Manning LLC is identified as a small business debtor in the petition.

The records add that the company is proceeding using a Chapter 11, Subchapter V filing. Such filings typically allow small businesses to handle their bankruptcy cases in a faster and more cost-effective manner than regular ones.

Authorized representative Jeff H. Hansen signed the petition before it was filed. Attorney Adrienne Woods of Weinberg Zareh Malkin Price LLP is representing the company in the bankruptcy case.

Court records show that the company is currently doing business as Peter Manning NYC, which is a menswear company. The company specializes in clothing designed for proper fit. Some of its clothing items include pants, jackets, shirts, and shorts. Each apparel features sizing based on height, weight and body type.

Highlights from the Petition

Court records showed that Peter Manning LLC submitted a summary of assets and liabilities, which reflected a large difference between the values. While the liabilities are over $1 million, the assets are estimated to be around $138,382.

The company also submitted a list of creditors with the largest unsecured claims. These creditors include 933 Broadway LLC, Shopify, American Express, Lever Style Limited, New York State Department of Taxation and Finance, and others.

The records indicate that funds will be available for distribution to the unsecured creditors.

A summarized version of the Chapter 11 petition is shared here:

  • Filing Date: August 19, 2026
  • Court and Jurisdiction: U.S. Bankruptcy Court for the Southern District of New York
  • Type of Filing: Active, Voluntary Petition
  • Chapter: 11, Subchapter V
  • Case Number: 26-12000
  • Estimated Assets: Between $100,001 and $500,000
  • Estimated Liabilities: Between $1,000,001 and $10 million
  • Estimated Creditors: 1-49

Peter Manning LLC’s filing comes as the company works toward addressing its outstanding financial obligations and unsecured claims. The proceedings could determine how the menswear company restructures its debts while continuing to operate.

Love our content?
Add WhatNow as a preferred source on Google to see more of our trusted coverage when you search.

Be the First to Know

From new restaurant openings to exciting retail launches and real estate insights, be the first to know what’s happening in News

Share This Article
Follow:
Twinkle Jha is a content writer passionate about crafting engaging and informative pieces for diverse audiences. She holds a degree in Journalism & Mass Communication that helps her create news-based articles related to restaurants, retail, and real estate in the US. With five years of writing experience, Twinkle has a strong base for her research, allowing her to create compelling content. Her keen eye for detail and creative approach make her writing stand out. When not working, she loves to watch movies.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *