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Judge throws out Uncle Nearest CEO's unauthorized bankruptcy filing

A federal judge ruled Weaver lacked authority to file bankruptcy for Uncle Nearest, citing an active receivership and Tennessee corporate law; the company owes $13.4 million to 264 creditors.

Summary by The Tennessean
The judge ruled the receiver in charge of Uncle Nearest had exclusive authority to make bankruptcy filings.

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The Tennessean broke the news in Nashville, United States on Thursday, March 19, 2026.
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