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.
8 Articles
8 Articles
Founder's 'Hail Mary' Attempt to Reclaim $1B Whiskey Empire Blocked by a Judge
A federal judge has blocked Fawn Weaver’s "unauthorized" bankruptcy filing for Uncle Nearest, ruling it a violation of a previous court order. Here is the latest on the $100 million legal battle over the $1.1 billion whiskey empire.
Fawn Weaver Fires Back — Inside The $100M Lawsuit Rocking Uncle Nearest
Source: Paras Griffin / Getty Fawn Weaver, co-founder and CEO of Uncle Nearest, Inc., the company behind Uncle Nearest Premium Whiskey and Tennessee’s Nearest Green Distillery, has secured a significant victory in her ongoing legal battle with lender, Farm Credit Mid-America. Fawn Weaver gave an update on the Uncle Nearest, Inc case on Tuesday. The lender previously accused Weaver and her husband, Keith Weaver, of defaulting on loans totaling mo…
Judge tosses Uncle Nearest bankruptcy bid
Fawn Weaver had a plan. It didn't survive the week.U.S. Bankruptcy Judge Suzanne H. Bauknight dismissed the Chapter 11 petitions Weaver filed March 17 on behalf of Uncle Nearest, Inc., ruling in an expedited March 19 hearing that the co-founder and public face of the Tennessee whiskey brand lacked the legal authority to initiate bankruptcy proceedings while the company operates under a court-ordered receivership.The ruling keeps receiver Phillip…
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