Uncle Nearest appeals Chapter 11 dismissal

10:53 a.m. March 20, 2026

What to Know: Farm Credit v. Uncle Nearest

Uncle Nearest CEO Fawn Weaver, left, and court-appointed receiver Phillip G. Young Jr.

DUANE CROSS
MCO Publisher•Editor

Uncle Nearest has appealed the bankruptcy court's order dismissing its Chapter 11 case, the latest move in the legal fight over who controls the whiskey company.

An amended notice of appeal filed Friday asks a higher court to review Bankruptcy Judge Suzanne H. Bauknight’s March 19 order dismissing the case. The order being appealed granted motions to end the bankruptcy and left the court-appointed receiver – not founder and CEO Fawn Weaver – in control of the company.

The filing came one day after Bauknight ruled that Weaver was not authorized to place Uncle Nearest into Chapter 11 because the company was already under the control of a receiver, blocking her effort to shift the dispute into bankruptcy court.

Control, therefore, remained with receiver Phillip G. Young Jr., who was appointed while litigation continues over claims that the company owes more than $100 million.

Friday’s filing takes the dispute to the appellate level.

The amended notice of appeal identifies Young and Farm Credit Mid-America, PCA, among the parties to the appealed order. It was signed by Knoxville attorneys Kelli D. Holmes and Lynn Tarpy, who are listed as counsel for the debtor.

The notice does not lay out the full legal argument. Its purpose is to formally challenge the dismissal and preserve the debtor’s right to appellate review.

The appeal continues litigation over the receivership, the failed bankruptcy filing, and Farm Credit’s claims against the company.

For now, however, the new filing does not change who controls Uncle Nearest. The receiver remains in charge unless the dismissal is overturned.

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