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Uncle Nearest Founders Share New Claims As Receiver Shows Interest In Sale, Adding Shareholders Will Receive ‘Significantly Less Value’

Uncle Nearest is reportedly attracting buyer interest. As AFROTECH previously told you, Uncle Nearest whiskey brand, founded by Fawn Weaver and her husband, Keith, has been opposing a court order that ...
The Root

Devastating Update for Billion-Dollar Whiskey Brand ‘Uncle Nearest’ Amid $100 Million Lawsuit

It was once deemed the fasted growing whiskey brand in the country. Now, the fate of Uncle Nearest and its owners are up in the air after a lawsuit has rocked the spirits world. Now that shocking ...
The Grio

Receiver reports Uncle Nearest has ‘very good’ chance of recovery weeks after falling into receivership

Almost two months after the company fell under a receivership, Uncle Nearest’s prospects for success look “very good.” On Wednesday, October 1, Receiver Phillip G. Young Jr. filed a report in the U.S.
Forbes

Former Whiskey Unicorn Uncle Nearest Is Struggling To Survive After Defaulting On $108 Million In Loans

Founder Fawn Weaver may lose control of her cult Tennessee distillery after a judge mandates a receivership—unless an investor bails her out. Uncle Nearest founder Fawn Weaver is fighting for control ...
AOL

Uncle Nearest paid $125,000 for a world record. Bank wants to know why

Uncle Nearest paid the Guinness World Records $125,000 to have a 518-foot bar at its Tennessee distillery declared “longest bar in the world,” according to a new court filing. The whiskey then ...
Lexington Herald Leader

What’s next for troubled, major whiskey brand now in receivership?

Federal judge appoints Phillip G. Young as receiver for Uncle Nearest brand. Weavers may continue brand management under court-approved receiver oversight. Receiver granted authority to initiate ...
The Root

‘Billion-dollar’ Black-Owned Uncle Nearest Whiskey Brand Could Be In Big Trouble

Founded in 2017, Black-owned whiskey brand Uncle Nearest has made a permanent mark in the alcohol world. The company’s name sake, Nathan “Nearest” Green, was a former enslaved Black man credited with ...
Nashville Post

Uncle Nearest case receiver outlines budget in first update

The receiver appointed in the Uncle Nearest vs. Farm Credit Mid-America legal matter reports progress is being made regarding debt refinancing and notes a finalized 13-week budget including ...
Nashville Post

Judge rules receiver to be appointed in Uncle Nearest case

A court has ruled a receiver will be appointed related to the lawsuit involving the owners of Uncle Nearest Premium Whiskey and their lender, which claims it is owed more than $100 million related to ...
Black Enterprise

Uncle Nearest Faces $108 Million Lawsuit Over Alleged Loan Defaults

Uncle Nearest owners, Fawn and Keith Weaver, have since denied the accusations and called the lawsuit "salacious and inaccurate.” Uncle Nearest Inc., a whiskey company founded in Shelbyville, ...
The Business Journals

Thompson Burton partner named receiver for Uncle Nearest Premium Whiskey

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A partner at a Nashville-based ...