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International Business Times UK
International Business Times UK
Business
Rohit David

Uncle Nearest Asset Dispute Triggers Sale and Possible Bankruptcy: Inside the Legal Battles and Smear Campaign Behind It

Uncle Nearest Faces Bankruptcy? £70.4M Default Sparks Asset Sale & Smear War in Whiskey Receivership (Credit: Uncle Nearest Instagram Photo)

Tensions boil in the whiskey world as Uncle Nearest, the celebrated Black-owned brand honouring Nathan 'Nearest' Green, teeters on the edge of bankruptcy following a fierce asset dispute that ignited a £70.4 million ($108 million) loan default lawsuit.

Founder Fawn Weaver blasts a calculated smear campaign by lender Farm Credit Mid-America, accusing them of twisting a Martha's Vineyard property buy into fraud claims to seize control amid the receivership ordered on 14 August 2025.

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