AfroTech on MSN

Here’s Why Uncle Nearest’s Receiver Has Requested For The Company’s Q2 Report To Be Sealed

The post Here’s Why Uncle Nearest’s Receiver Has Requested For The Company’s Q2 Report To Be Sealed appeared first on ...
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 ...
WhiskeyPulse on MSN

Can investors rescue Uncle Nearest from financial ruin?

In the world of American whiskey, where tradition meets big business, one brand's story has taken a sharp turn into courtroom ...
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.
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 ...
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 ...
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 ...
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 ...
Tennessean

Judge orders receiver to take over Uncle Nearest, TN whiskey brand facing $108M lawsuit

For the eight years it has been on liquor store shelves, Uncle Nearest has capitalized on the personal brand of its founder and CEO Fawn Weaver, who created the company to honor the legacy of the ...
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 ...
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 ...
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 ...