The T-G learned early Thursday that court documents were filed Monday afternoon in the U.S. District Court-East District TN Court in Chattanooga by Farm Credit Mid America against the owners of Nearest Green Distillery, Highway 231 North.
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The T-G learned early Thursday that court documents were filed Monday afternoon in the U.S. District Court-East District TN Court in Chattanooga by Farm Credit Mid America against the owners of Nearest Green Distillery, Highway 231 North.
IN THE UNITED STATES DISTRICT COURT FOR THE
EASTERN DISTRICT OF TENNESSEE
FARM CREDIT MID-AMERICA, PCA,
Plaintiff,
v.
UNCLE NEAREST, INC., NEAREST
GREEN DISTILLERY, INC., UNCLE
NEAREST REAL ESTATE HOLDINGS,
LLC, FAWN WEAVER and KEITH
WEAVER,
Defendants.
Case No. [_________]
EMERGENCY MOTION FOR THE IMMEDIATE APPOINTMENT OF RECEIVER
The action of receivership, according to the court docket, rests out of over a year of Uncle Nearest failing to fulfill its legal obligations to the creditor(s), amounting to an estimated $100 million.
The T-G will be reaching out to the parties involved in this case and will update this as story as it moves along in Chattanooga Court.
Nearest Green was still operating this morning.
