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Uncle Nearest

Fawn Weaver Seeks 'Pause' in Uncle Nearest Assets Sale

You've got to hand it to Fawn Weaver and her team of lawyers. Weaver, of course, is the founder and former CEO on Nearest Green Distillery and associated entities. Six days after the receiver in the Nearest Green Distillery receivership told the judge overseeing the matter that he

How Trump's Tariffs Have Impacted Uncle Nearest Receivership

President Trump's tariffs are adding to the tragedy of financially troubled Nearest Green Distillery. The good news is that Phillip G. Young, the court-appointed receiver, to the court overseeing the receivership that he has finalized the terms of the sale of the vineyards in Cognac, France, and

How Farm Credit Mid-America Allegedly Enabled Uncle Nearest Fraud

Michael Senzaki, the former chief financial officer of the Uncle Nearest family of companies, was able to defraud * Farm Credit Mid-America, * Uncle Nearest companies, and * steal at least part of Fawn Weaver's equity in Uncle Nearest, * as well as money intended to pay Uncle Nearest's

Bankruptcy Will Solve Uncle Nearest's Problems

Uncle Nearest Inc. is headed for bankruptcy court. To be sure, Phillip Young, the court-appointed receiver who is running the company, hasn't filed the papers to start the process – yet. But he has said the company still can't pay its bills, and the company owes

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.