NYC of Piermont LLC has voluntarily filed for bankruptcy for the second time in roughly seven months. Case filings show that the company currently operates as Confetti Ristorante Vinoteca, a Piermont, New York-based Italian restaurant. It had earlier sought bankruptcy protection on December 1, 2025.
Filing details also hint at a financial imbalance as the company’s total liabilities outweigh its assets.
NYC of Piermont LLC Enters Bankruptcy
Following a range of financial troubles, the company submitted a Chapter 11 petition on June 17, 2026. Case records, as available on PACER, show that NYC of Piermont LLC is a small business debtor. The company elected to proceed under Subchapter V of Chapter 11.
These types of filings typically allow small business owners to meet their bankruptcy requirements in a comparatively faster and cost-effective manner than traditional filings.
The records add that Constandina Paximadakis is the authorized representative who signed the petition prior to filing. Attorney Robert Lewis of Robert S. Lewis PC is representing the company in the case.
About the Company
Case filings show that NYC of Piermont LLC currently operates under the business name Confetti Ristorante Vinoteca. As a family-owned Italian restaurant, the company has been serving for more than seven decades. The company website states that it is a third-generation restaurant group.
Offerings include a range of pastas, brick-oven-style items, meat entrées, and more items. Guests can also choose from a selection of wines, cocktails, and other beverages.
The Restaurant Industry Sees a Surge in Bankruptcy Filings
A range of restaurant operators across the country decided to readjust their finances through Chapter 11 proceedings in the past months.
Four Fingers LLC submitted its bankruptcy petition on June 15, 2026. Operating as Salt and Lime Modern Mexican Grill, the company chose to proceed with a Subchapter V filing amid a financial gap. The Mexican chain serves across Scottsdale, Phoenix, and Cave Creek.
A soul food restaurant in Titusville, Florida, entered bankruptcy proceedings on May 26, 2026. Case records showed that Loyd Have Mercy LLC elected to use a Subchapter V filing. The family-owned restaurant has provided its offering through holidays, sports, and fundraising events for around 18 years.
A Dunedin-based restaurant pursued Chapter 11 proceedings on November 25, 2025. Case filings showed the company hoped to reorganize its debts as a small business debtor. Miguel Rosado Miggs Restaurant LLC offered a range of items to Florida diners.
Case Related Details
According to the summary of assets and liabilities submitted by NYC of Piermont LLC, the company owes more than what it owns. The company reported more than $1.28 million in liabilities and approximately $82,000 in assets.
The company also submitted a list of its largest unsecured creditors. A few of these creditors include Coca Cola, Bindi Desserts, NYS Dept of Taxation and Finance, and Cintas.
Court filings indicate that after administrative expenses are paid, no funds will be available for distribution to the unsecured creditors.
The company also submitted a statement of financial affairs, which showed changes in its gross revenue from 2024 to the filing date.
The list of equity security holders shows that Constandina Paximadakis has 100% ownership in the company.
A summary of the Chapter 11 petition is shared here:
- Filing Date: June 17, 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: 26-22620
- Estimated Assets: Between $50,000 and $100,000
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: 1-49
- Reason for Filing: Restructure business under court supervision
Case records add that NYC of Piermont LLC had previously made a filing on December 1, 2025, in the U.S. Bankruptcy Court for the Southern District of New York. The details can be found through case number 25-23158-kyp.
NYC of Piermont LLC joins a growing number of restaurant operators that have sought Chapter 11 protection in recent months. Future court hearings and filings may provide additional insight into the company’s restructuring efforts.
