Decades-Old New York Watchmaker Files for Chapter 11 Bankruptcy

E. Gluck Corporation has filed for Chapter 11, seeking to restructure its finances while continuing operations.

Written By Twinkle Jha
News Writer
E. Gluck Corporation filed a bankruptcy petition on December 1 (Source: Created on Canva)

E. Gluck Corporation, a New York-based watchmaker, has filed for bankruptcy protection. The move comes after months of financial strain for the company. With the filing, the company aims to continue operating while restructuring its obligations to creditors.

E. Gluck Corporation Files for Chapter 11 Bankruptcy

According to Pacer, E. Gluck Corporation approached the U.S. Bankruptcy Court for the Southern District of New York for a Chapter 11 filing. The petition was submitted on December 1.

E. Gluck Corporation has been serving in the global fashion watch industry since its establishment in 1956. The family-owned New York company’s designs are offered through its proprietary and licensed brands in more than 65 global markets. Its portfolio includes Armitron, Nine West, Juicy Couture, Vince Camuto, and other licensed brands.

Case Summary

E. Gluck Corporation’s is represented by attorney Alan D. Halperin of Halperin Battaglia Benzija, LLP. The fee amount for this filing was $1,738. The case is assigned to Judge Martin Glenn. The company currently lists between 50 and 99 creditors.

Below is a short summary of the latest bankruptcy process:

  • Filing Date: December 1, 2025
  • Court and Jurisdiction: U.S. Bankruptcy Court for the Southern District of New York
  • Type of Filing: Active, Voluntary Petition
  • Chapter: 11
  • Case Number: 1:25-bk-12683
  • Estimated Assets: $10,000,001 to $50 million
  • Estimated Liabilities: $10,000,001 to $50 million
  • Reason for Filing: Financial troubles call for court supervision

Attorney Alan D. Halperin submitted an affidavit explaining the reason for the filing, E. Gluck Corporation’s current financial condition, and background on operations. The company’s CFO signed the affidavit before it was filed with the U.S. Bankruptcy Court for the Southern District of New York.

Halperin then filed several first-day motions on the company’s behalf. In the motions, the company asked the court to continue using its existing business forms and records and maintain current corporate bank accounts and cash management system. Additionally, the watch brand requested to pay pre-petition employee wages, expenses, related taxes, and more.

Through a Debtor in Possession Financing motion, E. Gluck Corporation further requested the New York Southern Bankruptcy Court to approve the post-petition financing. The company also sought approval to sell certain non-core assets under Section 363(f).

Alan D. Halperin, on behalf of E. Gluck Corporation, requested the New York Southern Bankruptcy Court to set a hearing date for the first day motions. The hearing is scheduled for Dec. 2 at 3 p.m. via ZoomGov.

Attorney Steven Smith filed a Notice of Appearance on December 1. The attorney is offering legal representation to AKWHP Global LLC, which is one of E. Gluck Corporation’s creditors, as mentioned in the filing details.

Through the Chapter 11 process, the company intends to sell assets under court supervision while restructuring its obligations to creditors.

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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.
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