Joel Whitaker

No matter how you slice it, Uncle Nearest Inc. was and still is insolvent, U.S. District Judge Charles Atchley Jr., who is overseeing the receivership case initiated by Farm Credit Mid-America against the distiller, said. Farm Credit initiated the action because it wasn't being repaid on

Uncle Nearest Inc. is being investigated by Federal agents, Philip G. Young, the court-appointed receiver disclosed in a filing, in which he advised the court he had retained Simms Funk, a boutique Nashville, Tenn., firm that specializes in white collar and corporate investigations and regulatory and administrative law among

A letter of intent to buy "substantially all the assets of Uncle Nearest, Inc., Uncle Nearest Real Estate Holdings, Inc. and Nearest Green Distillery, Inc. was signed on May 29 and was submitted to the U.S. District Judge overseeing the receivership of the troubled distillery Monday (6/1)

During the four weeks ending May 23, Total Alcohol lagged year-ago levels. Dollar sales reached $8.5 billion but fell -4.7% vs a year earlier, while case volume totaled 164.5 million, down -6.5%, NIQ reports. On a weekly basis, dollar sales grew slightly compared to the