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Uncle Nearest

Uncle Nearest Martha's Vineyard Property Sale Approved

The receiver in the Uncle Nearest financing case was authorized to sell property on Martha's Vineyard for $2.595 million – but none of the proceeds can go to Farm Credit Mid-America whole the underlying lawsuit remains pending, U.S District Judge Charles E. Atchley Jr. ruled. Three

It's Time to End the Legal Wrangling and Take Uncle Nearest Public

Both the receiver in the Uncle Nearest Inc. receivership case and the lender, Farm Credit Mid-America, have asked a federal judge to reject an emergency request to fast-track an appeal denying founder Fawn Weaver's attempt to move the case to bankruptcy court. Before rehashing their arguments,

Why Fawn Weaver Believes She Can Save Uncle Nearest

At the heart of the present battle over Uncle Nearest is the question of whether the company's financial condition has deteriorated to the point that the only viable action is to sell its assets to some other party. That's the view of the receiver, Philip G.

Receiver Likely to File Bankruptcy in Uncle Nearest Case

Just because the receiver in the Uncle Nearest receivership case asked a federal bankruptcy judge to dismiss Fawn Weaver's attempt to put the company into Bankruptcy Act protection doesn't mean the company is in the clear. Indeed, Phillip G. Young, the court-appointed receiver, told the

Uncle Nearest Files for Chapter 11 Reorganization; Founders Sue Farm Credit Over Alleged Smear Campaign

Uncle Nearest Files for Chapter 11 Reorganization; Founders Sue Farm Credit Over Alleged Smear Campaign

Uncle Nearest Inc. filed for Chapter 11 Bankruptcy Act protection, bringing the court-appointed receivership of the Nearest Green Distillery to an end. The bankruptcy filing comes as the judge in the receivership case was preparing to approve the sale of a house on Martha's Vineyard associated with