US EditionUncle Nearest Whiskey Brand Enters Mediation Amid Receivership ...
A federal judge cited loan defaults exceeding $108 million and financial mismanagement in ordering court control over the Shelbyville distillery and Uncle Nearest Premium Whiskey operations.
- On August 14, 2025, U.S. District Judge Charles E. Atchley Jr. ordered a receiver for Uncle Nearest Premium Whiskey after it defaulted on over $100 million in loans and Farm Credit Mid-America sought to recover more than $108 million.
- At an Aug. 7 hearing, Uncle Nearest’s attorney acknowledged solvency concerns amid cash flow problems, following a lawsuit filed on July 28 by Farm Credit Mid-America.
- According to court filings, the Weavers allegedly diverted funds to buy a $2.25 million Martha’s Vineyard property and overstated whiskey barrel inventory collateral by $21 million.
- Unchanged distillery operations run alongside court-imposed sale restrictions, as Fawn Weaver, CEO, and Keith Weaver are barred from selling assets or making major decisions, while they contest the allegations blaming former CFO Mike Senzaki.
- Forbes valued Uncle Nearest at $1.1 billion with Weaver’s stake at $470 million, as sales increased this month by 216% in Illinois, 107% in South Dakota, 92% in Florida and 423% in Alaska.
18 Articles
18 Articles
Judge orders receivership for Uncle Nearest Tennessee whiskey
Uncle Nearest Premium Whiskey CEO Fawn Weaver Remains 'Unshaken' Amid Receivership Order
Source: Eugenia R. Washington / Getty Fawn Weaver, the founder of the acclaimed Uncle Nearest Premium Whiskey, remains “unshaken” after a federal court order hammered down on Aug. 14 cast serious doubt on the future of her Shelbyville, Tennessee-based Nearest Green Distillery and brand. According to court records obtained by WGNS, U.S. District Judge Travis R. McDonough (Eastern District of Tennessee) has placed the distillery and Uncle Nearest …
Black America Web
Fawn Weaver Says She’s “Unshaken” Despite Recent News Regarding Uncle Nearest
Source: Eugenia R. Washington / Getty Fawn Weaver, the CEO of the award-winning whiskey brand Uncle Nearest, has adopted a defiant stance in the wake of the company being placed in receivership last week. In a new social media post, Fawn Weaver says that she and the Uncle Nearest team are “unshaken” and are urging patrons to buy up the product in support. Taking to her Instagram page, Fawn Weaver spoke to her 288,000 followers in her usual direc…
TV One
Uncle Nearest Premium Whiskey CEO Fawn Weaver Remains ‘Unshaken’ Amid Receivership Order
Source: Eugenia R. Washington / Getty Fawn Weaver, the founder of the acclaimed Uncle Nearest Premium Whiskey, remains “unshaken” after a federal court order hammered down on Aug. 14 cast serious doubt on the future of her Shelbyville, Tennessee-based Nearest Green Distillery and brand. According to court records obtained by WGNS, U.S. District Judge Travis R. McDonough (Eastern District of Tennessee) has placed the distillery and Uncle Nearest …
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
