UNCLE NEAREST RECEIVERSHIP & LAWSUIT : LIVE UPDATES #2
This is the new LIVE UPDATE page for the ongoing saga of the Uncle Nearest Receivership which was ordered on 8/14. If you haven’t been following along, please check out this piece first. It’s a decent breakdown of how we got here and here’s the link to the original update page. This page will be heavily seasoned with opinions, thoughts, and commentary and that will be italicized.
If you feel like sharing your story or have any tips feel free to contact me here. Your anonymity and confidentiality will be respected.
UPDATE 7/11-
A lot can happen in a day or two amirite? By now you’ve seen the news about UN suing the bank and claiming negligence and whatnot. Shelbyville Now did a great job on it so I won’t rehash what we’ve all read. I will touch on it though because some folks on the internet found this to be a shocking turn of events. I did not and I’ll get into why.
Recall that The Weaver (TM) talked about this independent investigation ad nauseam (seemingly forever).
Recall that it was supposedly conducted without her knowledge by the board of directors (her, Keith, Eugster).
Recall that according to someone that is frequently having “tension with the truth” that Senzaki admitted to doing everything, and he was naughty.
Recall that the results of this investigation were never entered into court. Just the allegations.
Recall that Fawn Weaver chastised the receiver in a court filing for not investigating the bank or Senzaki.
Recall that Cap’N Phillip responded that he was so busy trying to stabilize operations, find out who was owed what, defending every frivolous filing that Fawn put up, trying to decipher who owned what shares, that he simply didn’t have the time to do it, but was keeping his options open.
This complaint against the bank included pretty much all the allegations that The Weaver (TM) made about Senzaki. In fact, nothing in the filing about Senzaki was new. It even sounded like Fawn had written it.
The complaint about the bank claims negligence, which anyone with eyes can assume probably holds some truth. We all had questions about how the bank kept funding this mess for so long. Somewhere it would seem, oversight failed.
That the receiver filed this complaint isn’t shocking, at least to me. It is a perplexing strategy (mostly because the intent is unknown), but when viewed through the lens of the receiver being an officer of the court, and the CEO of Uncle Nearest, he has to act as such.
It’s understandable to see that this is a rare public relations win for The Weaver (TM), because Cap’s filing at least appears to lend some credence to what Fawn was saying all along. But not so fast.
At best we have a lazy bank doing lazy work. At worst we have a corrupt banker or two doing stupid corrupt shit.
At best Senzaki was doing what he was told. At worst Senzaki was a criminal mastermind who when discovered was “fired” but kept on an additional 8 months or so (why???????).
If you’ve been following this blog for awhile (can you believe it’s been almost a year?), you’ll remember that I said that one day Mike Senzaki would have to face the music for what he did. Even if directed to commit a crime, following those directions is still a crime, because for heavens sake, you KNOW it’s a crime and did it anyway.
The Weaver (TM) has likely never been a competent CEO at Uncle Nearest. She’s probably a micromanager, but also perhaps not detail oriented enough to understand that this company was run in a way that extracted almost everything of value from it, building nothing sustainable. She ran it this way.
It’s still likely that Senzaki couldn’t take a bathroom break without permission. She alleges that he forged her signature on things (with e-signature it’s copy / paste), and not her fault. This hardly passes the smell test.
The bank brought in two new heavy hitters out of DC and New York. While I was really interested in Liggins/Barnes response to the new complaint, it seems we have two new lawyers from the same all-star firm coming in to work it. They’ve already submitted their credentials to the court and will be the face of the banks defense. Not an uncommon strategy.
None of this lets The Weaver (TM) off the hook. Recall that the judge described her own fraud in a court order.
All of this leads up to the two latest court filings…..
That the former CEO of Uncle Nearest expects us to find this credible…..
The Receiver filed the quarterly report, which I’ll get to below in a moment, but first this quick filing that I found very interesting.
NOTICE OF ADDITIONAL PROFESSIONAL RETAINED BY RECEIVER
“The Receiver hereby states that he has retained Bass, Berry & Sims PLC to evaluate the propriety of, and represent the Receiver in, a potential pre-packaged Chapter 11 bankruptcy filing for the purpose of consummating a sale of substantially all assets.”
This retention means that Cap’N Phillip no longer feels that Chapter 11 is a contingency, but strategically necessary. Why? Several reasons. While Cap hasn’t decided to file, it does hint that the buyer and Cap have already had discussions about debt restructuring, and selling everything the company owns.
Remember, the receivers job is NOT to protect shareholders. Chapter 11 wipes them out.
Wiping out the debt is optimal for a potential buyer. Bankruptcy wipes a lot of things clean for the new owner.
This possible filing, and potential sale, would wipe out Fawn Weaver too.
Now, before we dive into the Receivers quarterly report. Shall we do some trivia about the SDNY (foreshadowing alert)?
The Southern District of New York (SDNY) is older than the US Supreme Court. It’s even got a cute nickname- “The Mother Court.”
SDNY covers Securities Fraud (check), Insider Trading, Banking Fraud (check), Money laundering (ahem), Crypto (come on you know there’s a coinbase account), Public Corruption, International Sanctions and bankruptcy (check).
Some of the historic cases held there were the Titanic sinking, Pentagon Papers, The Rosenberg trial, The Mob trials (RICO!).
Fun fact, Sonya Sotomayor (Supreme Court justice) served here.
Sorta Fun Fact, Rudy Giuliani busted the five families up while serving as prosecutor at SDNY.
Light at the end of the tunnel, NEW YORK!
And off we go….
RECEIVER’S FOURTH QUARTERLY REPORT
“This quarter has been exceedingly challenging for both the Receiver and his team, as well as the business as a whole. Excessive litigation and, to a lesser extent, recent government investigations have consumed time and resources of the receivership team this quarter. Moreover, the Receiver has had to navigate a significant shift in the Company’s distributor network amidst a contentious receivership action and against the backdrop of a plummeting worldwide spirits market. Despite these challenges, the Receiver has pressed forward with the sale of property on Martha’s Vineyard in Massachusetts, identified a buyer for vineyards in Cognac, France, and is negotiating an asset purchase agreement for the sale of the core business assets of the Company. While challenges undoubtedly lie ahead, the Receiver feels that a successful brand succession is very close.”
I wonder who the buyer in France is, and I also wonder if this will be the final quarterly report.
“The Receiver continues working to bring the Company into full tax compliance, and continues working to update and verify the Company’s capitalization table. These issues have existed for many years and the solution to them is complex, time-consuming, and expensive. While considerable progress has been made on remedying these issues, more work remains.”
Can you imagine owning shares in a company that STILL doesn’t know who owns what and how many? Ooooof.
“The Receiver has continued making strides in his efforts to liquidate assets for the benefit of the creditors. During this quarter, the Court approved the sale of the property on Martha’s Vineyard. The original buyers canceled their contract on July 2, 2026, as a result of the delay in the process and the continued litigation by Keith and Fawn Weaver concerning a sale of the property, including after approval of the sale. However, the Receiver executed a contract with a new, arm’s length, third party buyer on July 6, 2026. The new contract is a cash sale for the same amount as approved by the Court, $2.595 million. The Receiver hopes to close this sale quickly.”
The efforts to derail the sale of THAT DAMNED HOUSE caused someone to back out? I’m shocked not in the least.
“In addition to the pending sale of the Martha’s Vineyard property, the Receiver has received a reasonable cash offer for the vineyards owned by the receivership estate in Cognac, France. The Receiver has yet to receive an offer for the chateau. According to the Receiver’s experts, the price offered for the vineyards is at least fair market value and they believe that, given the economic dynamics of real estate in Cognac and the cost of tending to the vineyards, the offer should be accepted. The Receiver is in the process of getting third party appraisals of the vineyards and publishing notice in a newspaper of general circulation in Cognac, consistent with the Court’s prior orders in this case. Once those tasks have been accomplished, he anticipates filing a motion with the Court to approve the sale of the vineyards.”
That Cap sure is a quick learner. Learned from the previous order, did that work on the vineyards, should speed things up. The sale of UN is coming sooner rather than later.
“As the Court has been previously notified, the Receiver has entered into a letter of intent to sell substantially all assets associated with the Uncle Nearest operations to a third party. The parties are negotiating an asset purchase agreement consistent with the terms of the LOI. The Receiver is currently evaluating whether to seek approval of that asset purchase agreement in this Court, or whether to file a pre-packaged Chapter 11 bankruptcy on behalf of the Company in order to consummate this sale pursuant to the terms of 11 U.S.C. § 363. The Receiver hopes to file a notice of sale, in this Court or in the Bankruptcy Court, within thirty to sixty days.”
There you have it, 30-60 days.
Alphonse is such a sleepy boi. Yeah, he’s why a lot of non-investor money gets converted into food for his belly.
“The Receiver has guided the Company through a major change in distributors during this quarter. RNDC, the Company’s largest distributor (and one of the nation’s largest distributors), has undergone a massive downsizing since the beginning of 2026. It sold a number of markets in which it was the exclusive distributor of Uncle Nearest to Reyes Beverage Group. This transition has been a challenge to the Company and has come at a time when the Company most needed stability with its distributors. Nevertheless, due to the efforts of the Company’s sales team and the Receiver’s outside consultants, the Company has navigated this transition well during this quarter.”
The RNDC implosion has been a disaster for many brands. It’s rough.
“As with the last quarter, the Receiver, his consultants, and his attorneys have devoted a significant amount of time this quarter to litigation initiated by Fawn Weaver and Keith Weaver. This litigation has caused significant confusion among employees, vendors and distributors, created distraction for the Receiver and his consultants, and threatened ongoing operations and the Receiver’s efforts to maximize value of estate assets. This litigation includes the following:”
“An appeal of the United States Bankruptcy Court for the Eastern District of Tennessee’s dismissal of Fawn Weaver’s bankruptcy filing on behalf of the Company. In addition to the appeal of the Bankruptcy Court’s order, the Weavers have attempted to stay related and unrelated orders as part of this litigation. The efforts to stay have been rejected and the briefing on this appeal is complete.”
You can almost hear the frustration.
“An appeal of this Court’s order denying attempts to terminate this receivership and expanding this receivership to include Grant Sidney, Inc. The Weavers appealed this Court’s order to the Sixth Circuit Court of Appeals and also sought a stay of the order, along with other orders. The Sixth Circuit has denied the Weavers’ stay requests and set a briefing schedule. The Receiver anticipates briefing of these issues to begin in August.”
So much going on, I wonder if the sale will be complete before?.
“The Weavers and Grant Sidney filed a defamation suit against Farm Credit Mid- America, PCA (“Farm Credit” or “FCMA”) in New York in December 2025. The suit was ultimately removed to the United States District Court for the Southern District of New York. Due to Grant Sidney’s involvement as a plaintiff, and the expansion of this receivership, the Receiver recently became involved in this litigation. The lawsuit was nonsuited in the last two weeks so there is nothing more for the Receiver to do with respect to this litigation.”
This sounds like it’s going to be expensive.
“In December 2025, the Weavers and Grant Sidney filed suit against former Chief Financial Officer Michael Senzaki in the Chancery Court for Bedford County, Tennessee. Due to the expansion of this receivership to Grant Sidney, the Receiver has intervened in the Bedford County litigation. No answer has been filed but no party has moved for default judgment. The Receiver continues to evaluate his role in this litigation.”
Grant Sidney, the gift that will keep on giving….
“In this matter, the Weavers have continued seeking to stay various orders including the order granting the Receiver’s request to sell property in Martha’s Vineyard, Massachusetts. The Court has previously rejected all requested stays, though one such motion remains pending as of the date of this Report.”
Please judge, don’t make us wait…..
This ain’t no Shark Tank.
“During this quarter, the Receiver also received subpoenas for documents from the United State Attorney for the Southern District of New York and from the Securities and Exchange Commission. The Receiver and his team of professionals have been working to comply fully with the subpoenas in a timely manner. The Receiver, with the assistance of counsel, will continue complying with all subpoenas from governmental entities.”
I knew this was happening, and/or going to happen, but it’s still satisfying to see this in a filing to the court.
“The Receiver has also had to address litigation in France during this quarter. Legal action has been threatened by several vendors regarding unpaid pre-receivership invoices, and has been initiated by governmental entities regarding unperformed administrative tasks. With the assistance of French legal counsel, the Receiver has resolved all threats of civil litigation and has timely responded to all administrative actions.”
Moral of the story, never ever piss off the French administrators.
“Due to a variety of factors, many of which have been covered in this report, the Receiver made the decision to terminate Fawn Weaver’s and Keith Weaver’s employment and involvement with the Company effective as of June 1, 2026. The Receiver has worked to restrict the Weavers’ access to facilities and systems since that date, and has returned any personal property to them or their agents. While this decision was not made lightly, it has resulted in significantly less confusion among employees and vendors, and has made business operations significantly smoother.”
It’s amazing what changing the locks can do for peace of mind.
“The Receiver continues to cooperate with government investigations, and has continued his own forensic investigation into the finances and transactions of the Company. Based upon the results of the Receiver’s investigation to date, the receivership estate likely has viable causes of action against a number of parties, including Mike Senzaki, Fawn Weaver, Keith Weaver, and/or entities controlled by these former officers and directors. The Receiver’s investigation remains ongoing, and he does not anticipate filing any actions against these parties until his investigation is complete.”
But they are coming. Cap’N Phillip moves when he’s ready. Not a moment before.
“The Receiver is continuing to work on the drafting and execution of an asset purchase agreement which would sell the bulk of the receivership estate’s assets to a third party. This is a large and complex transaction; it has taken considerable time, and the Receiver anticipates that the time investment will continue for several weeks to come.”
I cannot wait to see if this buyer is Jay Z. Or not.
“In conjunction with the negotiation of the asset purchase agreement, the Receiver is evaluating the possibility of filing a pre-packaged Chapter 11 bankruptcy for the Company for the purpose of consummating a sale of substantially all assets. If the Receiver and his legal counsel deem this advisable, the Receiver anticipates that such a bankruptcy filing is likely to occur within the next quarter.”
Perhaps there will be just one more quarterly report.
“In addition to the execution of an agreement to sell the primary assets of the Company, the Receiver continues moving forward on a sale of the Martha’s Vineyard property and on a potential sale of assets in Cognac. The Receiver is also evaluating options to liquidate the assets associated with Square One Vodka.”
This sucks. So many people were done dirty, so so so many. Square One was crushed by the malfeasance of Fawn Weaver. It’s a real shame that Square One might be done forever.
“The Receiver is working on the eviction of two tenants of the Nearest Green Distillery, Shelbyville Barrel House and Humble Baron. Both of these tenants are restaurant concepts owned, directly or indirectly and in whole or in part, by Keith Weaver. They both have rental arrears that span over a year. On June 1, 2026, the Receiver formally declared the leases in default and demanded that they immediately bring all rent current or vacate the premises. They neither brought the rent current nor vacated. However, before the Receiver could begin eviction proceedings, Humble Baron filed for Chapter 11 bankruptcy protection in this district on June 5, 2026. The Receiver and his counsel are working to gain relief from the automatic stay to evict Humble Baron, along with Shelbyville Barrel House.”
The Keith could have paid the rent, but didn’t. He also could have paid the insurance for his employees but didn’t. I guess moving money from HB to another entity to then loan it back to HB at 5% interest was a better move.
“The Receiver is working to diligently but completely investigate the financial dealings of Grant Sidney, Inc., per this Court’s instructions. In that regard, the Receiver has requested financial records from a number of banking institutions and other companies. While the Receiver has received some of the requested records, to date he has not received all records that are necessary for a complete evaluation. The Receiver is working to complete this analysis and make a report to the Court by the July 25, 2026 deadline; however, unless certain third parties produce missing records expeditiously, it is possible that the Receiver may request an extension of this deadline from the Court.”
Is one of those “certain third parties” writing a book? Also, bet that there will be an extension request, because uncooperative fired CEO’s don’t tend to cooperate.
FINANCIAL REPORT
“Banking & Disbursement Controls. Immediately following his appointment, the Receiver took steps to secure all existing bank accounts associated with the Company. This included freezing accounts where appropriate and establishing new Receiver-controlled accounts to ensure that all future transactions are properly monitored and documented. By shifting all financial activity into Receiver-controlled accounts, the risk of unauthorized transfers or unapproved expenditures has been significantly reduced. These activities and policies have continued to be in place and enforced throughout the entire receivership period.”
We can note how businesses not in receivership continue to be operated, HB to Nashwood, just imagine what might’ve happened without these controls.
“Bank accounts with immaterial (less than 5,000 Euro) cash balances remain in a French bank, over which the Receiver will not have exclusive control until the French courts formally recognize this Court’s Receivership Order. Likewise, the Receiver does not have control over bank accounts in the names of certain entities that are detailed in the Receiver’s Motion for Clarification filed with this Court on September 12, 2025, including the accounts of Grant Sidney, Inc. While the Court ruled on May 26, 2026, that Grant Sidney, Inc., shall now be included in the Receivership Estate, the Receiver is still working on gaining full control of these bank accounts.”
I wonder how many checks at Waffle House were picked up by Grant Sidney.
“Of particular concern is the discovery that the Company has not filed federal income tax returns since 2018. The Receiver is currently working with appropriate tax authorities and external advisors to address this issue.”
Capone went to jail for this kinda stuff.
“All vendor notices are now being directed to the Receiver. This process has revealed several previously unidentified liabilities that were not fully disclosed in the Company’s records.”
Anyone not owed money by UN please raise your hand.
“Financial and Accounting Observations. At the beginning of the Receivership, the Company’s accounting records were materially unreliable and could not be relied upon for accurate financial reporting. Key deficiencies identified include:
• Non-reconciled balances create uncertainty about the accuracy of financial statements.
• Unusual accounting entries lack proper documentation.
• Improper revenue recognition practices that distort the Company’s financial performance.”
Fraud says what now?
“The absence of solid financial controls and the unreliability of certain financial records have been a challenge in determining historical sales and expenses that would aid with forecasting future sales and expenses. That challenge has been compounded by the fact that a substantial number of financial records before 2024 were erased from the Company’s computer system. According to multiple employees at the Company, those records were erased by a former employee immediately after termination. The Receiver is working to recover some or all of those financial records.”
So an employee was terminated, and THEN they deleted the information? Who’s running that place oh right. It’s possible.
“The Receiver has also identified related-party transactions involving entities owned by the Weavers. These transactions were reviewed via the use of external records and supporting documentation to determine their accuracy, legitimacy, and whether they represent potential improper transfers. Irregularities were found and continued review and investigation are in process. Many of the companies that are subject to this receivership action have commingled assets and liabilities with other non-Receiver entities. This commingling has made determination of lien priority, and separation of liabilities among corporations, very difficult.”
I cannot imagine that the transfer of money from HB to Nashwood prior to the bankruptcy filing was the first time something like this was done.
Feel free to print your own shirt for the SDNY moment!
“The receivership team spent considerable time assessing the current operations of the Company. As a result of those assessments, the Receiver made significant cuts to the operational expenditure of the Company, including reducing its workforce by forty employees, or 44%. Some of the more recent headcount reductions include reductions in sales staff and management personnel.”
Is Hi Kate! Bye Kate?
“The Receiver will continue his review of historical financial records and intercompany transfers to uncover any irregularities or potential recovery opportunities. Special focus will be placed on officer and insider compensation, travel and marketing expenditures, and the identification of potential preferential or fraudulent transfers.”
Those very expensive hair appointments are possible going to be very expensive again.
“Even with the imposition of the stay, the Receiver believes that litigation initiated by (or potentially against) Fawn Weaver and Keith Weaver poses a threat to the Company, both in terms of value of the brand and in terms of focus of employees.”
More litigation is expected.
“The ongoing investigations by the United States Attorney for the Southern District of New York and the Securities and Exchange Commission also pose a potential threat to the Company. In addition to the immediate distraction to the receivership team caused by these investigations, the outcomes of these investigations could cause some brand damage in the future(depending upon the nature of the results of the investigations).”
SDNY will be everything here. They indict people.
So alone, surrounded by court losses. The unicorn returns for her dopamine hits.
UPDATE 7/8-
Well, she could barely stay off social media for a week (not that she was really off socials, she’s been deleting comments daily). I shoulda taken the under on that one. Fear not, I have screenshots below for your viewing pleasure. Anyway, lots happening, quick hits for today. Let’s get right at it.
The motion to stay the sale of THAT DAMNED HOUSE was denied.
The motion to not include Grant Sidney in all things messy, was also denied.
Neither of these denials really need breaking down. They are what they are, and there’s legal/logical reasoning behind them, boring stuff, but on point. I’ll include some things below that I found interesting.
The Weaver (TM) scrubbed her CEO’ship of UN from her bio on Facebook. I mean, she kinda had to, she was fired on her day off.
I’m not a doctor, but how does a broken foot prevent one from traveling? Again, not a doctor, but I’ve known people that have flown internationally with a broken foot. Yeah, they used crutches to get around, but they could travel. I just don’t understand how Fawn is saying that their cigar tour was canceled because of a broken foot. I mean, I do understand, it’s easier to blame someone else’s foot than to just own that you’re fired, and can’t afford it or something.
The mystery of who Jack Palmer is has been solved. Thank you to the many folks messaging me about it. Jack is a food service company, more or less a mom and pop version of Sysco. Jack got paid, so don’t feel bad for him.
“The Receiver has taken steps to return personal items belonging to the Weavers, such as clothing, photographs, and personal memorabilia, that are not part of the real estate sale. The Receiver requested a list of such items from the Weavers, but they did not respond.”
This was from the receiver filing in response to the motion from the Weavers to stop the sale. Cap’N Phillip seems like a decent person. I tend to believe him over people that have a proven “tension with the truth.”
Is this what’s to come for The Weaver (TM)? Also, Alanta is dope, one of the best of Bravo.
That she lies about things that are easily debunked is wild to me.
Hmmmm… no Weaver. No record.
“It happens when the CEO can’t run the business like an actual business.”
So much letters. So much nonsense.
All The Keith does is mumble. Nothing really wild about that.
No notes Austin. No notes.
The book will probably have multiple chapters of nonsense about Senzaki.
The gambling never stops….
UPDATE 7/2-
As we approach our first peaceful Sunday without the Weavers, the action in the courts continue to heat up. Let’s do some quick hits, and then we’ll get to the very latest filing from The Weaver (TM), and yes, it’s about THAT DAMNED HOUSE.
Did you know that The Keith is being sued personally by American Express? (case filed 6/25/26)
Did you know that Humble Baron is being sued by HG staffing? (case filed 5/1/26)
DId you know that Uncle Nearest / NGD is being sued by Lamar Airport Advertising Company? (case filed 4/10/26)
Now it’s very likely the Humble Baron/UN/NGD cases will be stayed, but Amex filed against Keith Weaver personally. Which means his name was on that card…. lil’ oopsie.
The Weaver (TM) filed a motion to stay the sale of the house, because she’s concerned that investors will lose because of the depressed sale price. Not that she being one of the largest shareholders matters, she’s looking out for the little guys, like she always has.
Yes, I threw up a little writing that. Anyway, let’s break down the latest nonsense filing from CLAWD and CATGpt, but first, you have to check out Kandi’s latest video, her exasperated look on her face, is literally ALL OF US.
DEFENDANTS’ MOTION TO STAY ORDER GRANTING RECEIVER’S EXPEDITED MOTION TO SELL REAL AND PERSONAL PROPERTY IN MARTHA’S VINEYARD PENDING RECONSIDERATION AND/OR APPEAL
I get the feeling that somehow Cap’N Phillip will be blamed for some shit here.
“COME NOW THE DEFENDANTS, Fawn Weaver and Keith Weaver, who move this Court for an Order pursuant to Rule 62 and F.R.A.P. 8 to stay the Order Granting Receiver’s Expedited Motion to Sell Real and Personal Property in Martha’s Vineyard [ECF No. 212], pending resolution of Defendants’ anticipated motion for reconsideration and any appeal. In support therefor, these Defendants would state as follows: The challenged order authorizes an irreversible sale of property before the underlying claims in this action have been adjudicated. A stay is necessary to preserve the status quo and prevent mootness and irreparable harm.”
Let’s get a couple things out of the way right now. It would appear that this alludes to The Weavers expecting to get the receiver tossed via another exhausting swing for the fences appeal? Remember the buyer was at least known to Fawn, so if it’s a friendly purchase, like the house in Shelbyville was with Kai Pineda’s father listed as the buyer, then why is she fighting to keep THAT DAMNED HOUSE so hard? Is the Ark of the Covenant buried underneath it? Is there an oil field? Is Jimmy Hoffa buried there? What is it about that place? I’m no longer convinced that it’s just status, is the house the Rosetta stone that unlocks all of the financial shenanigans? Is there cash hidden in Air Jordan boxes under the floor boards? Do we need to check the drywall?
“Although the Order states that proceeds may not be released to Plaintiff Farm Credit Mid-America, PCA while the underlying claims remain pending, the authorization to sell itself will permanently alter ownership rights, disposition rights, and the status quo before any adjudication on the merits of Farm Credit’s alleged debt or entitlement to receivership liquidation.”
The Weaver (TM) neglects to mention that another bank is owed money for that damned house, due to actions taken by her and/or Keith. Even if she somehow won the entire case, that house gets foreclosed on. Twice. The house is kaput.
“Defendants are in need of an order staying this sale as they intend to appeal this order, as the rights of shareholders and other non-parties are being affected by this order without due process. Furthermore, this order gives the Receiver authority to sell personal property where there has been no inventory and right of ownership established to that property by the Receiver.”
That she used the word “defendants” is funny to me. Going to be hearing that word in conjunction with the Weavers for a very long time… Also, they need a lot of things, like miracles, or asteroids that hit a courthouse, or Powerball/MegaMillions paying out.
“Defendants will suffer irreparable harm absent a stay because the sale will be difficult or impossible to unwind;”
Sadly no mention of the irreparable harm not paying all their bills over the years has caused countless families.
“A stay will not materially prejudice Farm Credit or the receivership estate; and The public interest favors preserving contested assets until the Court and, if necessary, the Court of Appeals can review the issue meaningfully.”
Listen, LISTEN. This member of the public favors selling THAT DAMNED HOUSE and paying the bills that are owed to so so many people.
They then dip into the background of the case, we all know it by now, and now we get to the blaming of Cap’N Phillip. Again.
“The receivership was justified as a means to safeguard disputed assets and preserve value, not to effectuate a pre-judgment liquidation of disputed property. However, the actions of the Receiver thus far have moved far beyond safeguarding these assets. He seeks to dissipate the entire estate, and the proposed sale of the Martha’s Vineyard property is the first step in this explicit plan to do so.”
Pretty sure the receiver has been clear about this for quite some time. UN is insolvent, will never earn its way out of the massive debt hanging over it, and he said that sales of non-whiskey making assets would be sold. If it wasn’t essential to the core business, he was unloading it. That she is still surprised by this baffles me.
“Defendants respectfully submit that the Order should be stayed because the sale is not merely administrative. It is a final disposition of a unique asset with brand, strategic, and enterprise value, and the sale would substantially prejudice Defendants before any judgment on liability or debt amount has been entered. Furthermore, the Receiver has admitted that he has not inventoried the personal property in the residence and no information has been presented to the court to identify the owners of said property, although he nonetheless has been granted authority to sell that property pursuant to this Order.”
This argument is so old it knows how the pyramids were built. What’s new is that she claims the receiver has admitted that he has not inventoried the personal property. This might be true, but she also claimed that Senzaki admitted to the fraud during the often mentioned independent investigation that never presented a lick of evidence proving that. I am leaning towards this being another “tension with the truth” moment. Also, who cares about the artwork and probably more of Keith’s kicks collection that could have been sold to pay Humble Baron employee insurance.
“The court must balance the traditional factors governing injunctive relief to determine whether such relief is available in this case. Thus, it should consider (1) whether the defendant has a strong or substantial likelihood of success on the merits;
The Defendant does not.
“(2) whether the defendant will suffer irreparable harm if the district court proceedings are not stayed; “
That house won’t matter much when they possibly move to a much more intimate house.
“(3) whether staying the district court proceedings will substantially injure other interested parties; “
It will not.
“and (4) where the public interest lies.”
There is the public interest, and then there are lies.
A. Defendants have a substantial likelihood of success on the merits.
Remember folks, this has already been ordered upon, but that has never stopped The Weaver (TM) from trying the same nonsense again and again.
“The court heard arguments on June 11, 2026 and thereafter entered an Order Granting the Motion to Sell by the Receiver. (See ECF No.212). No sale date has been disclosed, and no closing date has been disclosed.”
“This order is an interlocutory order of this court which these Defendants wish to appeal. However, as this is an order which is not ordinarily appealable, the sale in this case can occur before the appeal can be heard, ostensibly at the conclusion of this case. Therefore, the Defendants seek injunctive relief from this court to stay this sale.”
Hi I’m Fawn Weaver, and I know I can’t appeal this, but I’m going to appeal it anyway, because I found $25 under the couch cushions to afford one more month of paid CatGPT and I’m filing this.
The Defendants’ Due Process Rights are being violated by the Receivership.
So much rehash. I’ll list the new stuff-
“As an officer of the court, the receiver's powers are coextensive with his order of appointment. Id. However, the receiver has been authorized to sell an asset worth less than one percent of the total debt which appears to be at issue in this case and will do so before there has been a discovery schedule set and before a trial date.”
The debt load that has been incurred under The Weaver (TM) leadership of an insolvent company, is so massive that the sale of a $2.5 million house is less than 1% of the debt. We know that, you know that, but for the Weaver to include that is eye popping.
“Furthermore, the sale order authorizes a sale of personal property in the residence without an inventory and without any disclosure of the value of the personal property in the residence.”
How much of the decor in that house was paid for by Investor Money? How much from the bank loan? How much from the mortgage on the house? Recall that they did extensive renovations to the house after purchase, and who paid for those renovations? What’s hidden in those walls?
“Finally, the receiver has terminated the Defendants from Uncle Nearest, Inc., without authorization from the court and has indicated he has signed a Letter of Intent to sell all of the assets of the company to an undisclosed third party.”
Read it again, it’s delicious.
“None of these goals are related to preservation of the assets; instead, it is a clear message the receiver intends to dissipate each and every asset of the estate before trial and render the shareholders investments moot.”
Preservation of assets is rich. Not like Keith wasn’t making friendly deals, or intending to, knowing full well that UN money had been used in some form for those properties. Also, The Weaver (TM) acting concerned about shareholders is still comical. She tried to file bankruptcy which would have wiped them out. She cares not one lick for anyone not named “THE”
“Furthermore, such a sale would render the unsecured creditors’ claims worthless, as they would be uncollectable. The due process concerns and whether the receiver has exceeded his authority are valid claims with a substantial likelihood of success.”
The creditors claims were worthless the moment UN defaulted on their loans from the bank. It was over then.
“To justify the granting of a stay, however, a movant need not always establish a high probability of success on the merits.”
The line above says substantial likelihood, now this one acknowledges the snowball on a journey through Dante’s inferno.
“Shareholders and Unsecured Creditors are entitled to Notice and an Opportunity to be Heard before any Sale.”
The majority shareholders are either named Weaver, or are delusional. The other ones want nothing more than for The Weaver (TM) to face justice for what she’s done.
“The holders of the debt of Uncle Nearest are being impacted by this sale as the dismembering of the assets of the company make it more difficult for them to be paid in the future, as this clearly impacts the revenue the company will receive.”
That house only costs UN money. It generates little more than zero for the core business. The debt holders will never be paid. It’s clear as day this is true.
“These debt holders are owed over $13 million dollars by conservative estimates. Secondly, the equity security holders are being impacted for the same reasons. Every individual or company that has invested in the company is losing a proportionate share of their equity by the sale of this property.”
All accomplished by the #PeoplesCEO. Also, almost every individual or company that has invested in the company has lost period. Fixed that for her.
“The court has ordered that the proceeds of the sale be held pending the outcome of the case, however, this case only addresses the money owed to Farm Credit. It does not consider the rights and interests of the equity security holders in any of the collateral at issue.”
Not to victim blame here, but they could have filed their lawsuit before Farm Credit did. That they did not means that Farm Credit eats first.
“Here, Farm Credit will not be materially harmed by a stay because the Court has already ordered even if a sale occurs, that the sale proceeds not be released to Farm Credit while claims remain pending. Secondly, any proceeds after satisfaction of the first lien are to be held for the receivership estate. Third, if the court stays this sale, the property remains preserved and available for sale if the Court later determines a sale is appropriate. As the court noted at the hearing, the property is not at risk of loss or diminution, therefore, there is no monetary loss by staying any action on this sale.”
Other than the taxes, landscaping, electricity etc… sure there’s no monetary loss. FawnMath is funny.
Ten total pages. Which Curtis Johnson filed…. but…. it sure seems like it was authored by another.
Sophie Cunningham is so funny with that point.
UPDATE 7/1-
A couple of days ago something pretty spectacular, and boring happened. In the bankruptcy appeal case, Farm Credit’s extremely talented legal team filed a 44 page boring as a slice of American Cheese. What it lacked in flavor wasn’t important. What it was, is. I won’t be breaking it down, because it was a lot of pages of legalese that was an awful lot of other case studies that applied to this one. Liggins/Barnes came with all kinds of cases that blow a giant hole in a the already airheaded filing of appeal by The Weaver (TM).
A couple of things stand out.
Fawn Weaver doesn’t and didn’t have the authority to file for bankruptcy. The court agreed with this which is why Fawn Weaver’s case was buried in a deep grave by a court.
Even if she had the authority (she didn’t, and doesn’t), any bankruptcy filing would have to be run through the board of directors.
She did not run it through the board of directors before filing for bankruptcy, and then posted her “the receivership is over” video (it wasn’t, and it isn’t) that she recently deleted.
This is an interesting thing. What does the board of directors at UN even do? I mean, other than lie to investors.
Fawn acting independently is likely nothing new. She didn’t consult the board because she didn’t need to? Didn’t feel it necessary? She was the board? This curious move leads me to believe that the board has always served Fawn Weaver (mainly because she and Keith are the board) and that Fawn has always had her hands on every thing.
Her attorney even acknowledged that Fawn didn’t even have the authority to call the board for a meeting, because well, you know, receivership. She has no power.
If she didn’t have the authority to call a meeting that was required for her to file bankruptcy, she had no authority to file bankruptcy.
While Demetra Liggins and Erika Barnes filed a real page avoider, it must be mentioned that dry legal filings are representative of extremely high levels of professionalism and competence. This is what lawyering looks like. They bring reasoned arguments, case history, lots of documents and references to relevant case history, and receipts that show the idiocy of the appeal.
A pal of mine once told me that their firm only takes cases they know they can win. While I sorta believe that, I know that this is probably skewed because of their high success rate, backed by insanely hard work, diligence, experience and dedication to their craft.
I hope to never face either one of them in a court of law. Not that I would ever be in a position to draw huge loans from a bank, spend it on whatever I fancied, not pay it back, take investor money, and take flights to another city to get my hair done.
I know the images today are similar, but I liked them both for different reasons.
In other “oh my is The Keith ever in deep trouble” news…..
A notice of appearance and a request for documents was filed in the case, and this one is from the Tennessee Department of Labor - Bureau of Unemployment Insurance.
Remember when I reported that The Keith hadn’t paid the employee unemployment/COBRA insurance? Yeah, that was pretty bad, especially considering he keeps spending money on things like the After Party for the black rodeo. SO dumb, and it hurt real people.
Marvin E. Clements, Jr. is the Senior Assistant Attorney General, and he would like some answers.
Buckle up folks, this is gonna be a humiliating ride for The Weavers.
Also, bad timing for French to have purchased a house. I hope he’s got a lot of cash saved. Tough to make a mortgage when your employer is bankrupt, and facing eviction.
The Weaver’s know what bankruptcy tastes like, it’s not the first. But Eviction? That’s a delicacy.
UPDATE 6/28-
ATT restored my internet after 32 hours. I swear, we didn’t even have a storm to knock it out, it just went out. Knocked the auto-feeders out, so had to feed all the cats by hand all day and night. 15 of them. They were happy so doing it in 92 degree heat in a soggy wet sweater was worth it (it’s how I describe humidity here). Anyway, if you follow the TikTok Krewe of Kandi, and Darian, you by now know that the receiver has issued an eviction notice for Humble Baron for unpaid rent for over a year. Can’t make this up. Anyway, there’s a lot to get to, so cold brew up, or get that extra waffle, and let’s dive in.
You’ll recall in yesterday’s update that Keith said because the payday loan lawyer snatched the money from his Wells Fargo account, that he had to file bankruptcy. Which is potentially interesting, and perhaps not entirely true. It could be that Keith had advanced notice that it was going to happen, but the dates aren’t lining up, which I’ll show you when we get to Tom Bible’s billing statement….
In Keith’s filing, he claimed a NET of $2 million. He meant GROSS, but hey, Claude makes mistakes, but it did get filed as NET.
The Receiver was very busy…. He filed a notice of appearance and request for service with the bankruptcy court that he would like to be included in all the documentation.
He also came in representing UN Real Estate Holdings LLC (which was included) lol.
He then filed a motion to request not being included in any stay due to the bankruptcy filing.
Why? Because Humble Baron didn’t pay rent to UN after the receivership of UN was in place.
Keith also did NOT include UN as a debt that was owed in the filing. Big no-no, but he probably forgot because he never did pay rent so why do it now?
Commingling happened folks, and there’s some real freaking doozy’s in the receivers filings.
“The applicant (Tom Bible) has already drawn down a total of $9,834.49 against the $16,738.00 retainer funds received for prepetition fees related work completed, as reflected in “Exhibit C” which is incorporated herein by reference, including the filing fee in the amount of $1,738.00, a $190.00 cost for a Delaware UCC Search, and a $21.49 cost for retrieval of Tennessee UCC searches.”
The agreement provides $475 per hour for time spent by the attorneys.
$125 per hour for time spent by paralegals employees by the firm.
Remember the filing said that they filed in early June because of snatched money. Why then was Tom Bible billing hours starting on 5/27?
Keith likely knew about the great wells fargo stagecoach snatching of 2026, because Tom was working on drafts. Did he also know that the receiver was about to file an eviction too?
Note that Keith has a personal guaranty. I think that’s what did Pinky Cole in….
The judge approved Keith’s request to get the money back so that he could make payroll and continue operating the world’s emptiest bar while the bankruptcy is sorted.
The Judge also approved Keith’s request to borrow money from Keith, for a business that Keith owns, at a 10% interest rate. (book mark this, it will be important, and hilarious later).
In a bankruptcy filing, you have to list your assets…..Which are in the images below.
So many accounts for a sad trombone bar.
I wish I knew more about this liquor bond….
I will bid one dollar in the liquidation auction.
I’m unsure how leased equipment counts as an asset, since it’s a lease. But hey, this is the same person who purchased a house with bank money, and then turned around and mortgaged a house he didn’t own.
I”m guessing the return date for that Guiness book of world records for worlds least likely to survive bar, has long since passed.
And now for a key lime pie to the face….
BUMMER BARON has lost $3.5 million since 2022. Wonder how it survived this long? Because UN funded it, one way or another. Another Weaver business that cannot survive without infusions of OTHER PEOPLES MONEY.
Gross Revenue beginning January of this year? $180,945. Thousand, not million. For a business that has a net loss of $3.6 million since 2022. And they kept this open. WHY? Is it because in bankruptcy you get to see the books? That’s a teaser…..
I feel bad for Michelle Groff, who is the listed accountant.
MOTION OF RECEIVER FOR RELIEF FROM THE AUTOMATIC STAY PURSUANT TO 11 U.S.C. § 362(d) TO PERMIT EVICTION PROCEEDINGS
“On or about June 5, 2026 (the “Petition Date”), Debtor filed a voluntary petition for relief under Chapter 7 of the United States Bankruptcy Code, 11 U.S.C. §§ 101 et seq. (the "Petition Date"). The automatic stay of 11 U.S.C. § 362(a) took effect upon the filing of the petition.”
7, 11, I guess it doesn’t matter if you just want a Slurpee.
“Uncle Nearest Real Estate Holdings, LLC (“Landlord”) is the owner and landlord of the commercial premises located at 3125 US-231 N, Shelbyville, Tennessee 37160 (the "Premises"). The Movant was appointed by the United States District Court for the Eastern District of Tennessee to serve as receiver over the Landlord on August 22, 2025. The Movant continues to serve in that role.”
Oh man, you never want to see the word Landlord in a court filing.
“Prior to the Petition Date, Landlord and Debtor entered into that certain Commercial Lease Agreement dated March 1, 2023, and a First Amendment to Commercial Lease Agreement dated February 1, 2025 (collectively, the "Lease"). A true and accurate copy of the Lease is attached hereto as Exhibit A and incorporated herein by reference. Pursuant to the terms of the Lease, Debtor agreed to pay monthly rent in the amount of $5,000.00 on or before the first (1st) day of each month.”
This is Cap’N Phillip setting the table for a delicious meal.
“Debtor has failed to pay rent as required under the Lease. As of the date of this Motion, the Debtor is in arrears in the total amount of $65,000.00, representing unpaid rent from May 2025 through June 2026.”
Waffle House is more important than paying rent to a person that snatched your wife’s company it seems.
“On or about June 1, 2026, prior to the Petition Date, Movant served upon Debtor’s then-counsel, Michael Collins, a Notice of Default (the “Notice”). A true and correct copy of the Notice is attached hereto as Exhibit B.”
Isn’t it interesting that this was not noted in the bankruptcy filing? This was likely a deliberate move to manage public relations, and Cap said, NOPE.
“Debtor failed to cure or vacate the premises within the time period of the notice.”
“Post-petition, Debtor has continued to occupy the Premises but has failed to cure its default under the Lease. Moreover, Debtor’s Statement of Financial Affairs and Schedules, combined with Movant’s personal knowledge of the financial affairs of the Debtor, demonstrate that it lacks the ability to cure its default under the Lease.”
Not Cap telling the court it knows The Keith is broke as a joke.
“The Debtor's Failure to Show Ability to Pay Post-Petition Rent and Cure its Rent Default Constitutes "Cause" for Stay Relief.
“As of the date of this Motion, Debtor has failed to pay rent totaling $65,000.00 in pre-petition arrearages. Rent will continue to accrue at a rate of $5,000 per month.”
$5k a month is a laughably low rent.
I wonder how this person is doing.
“Movant has no adequate protection for its interest in the Premises. The Debtor has not provided payment, has not demonstrated that it has the ability to fund rent post-petition, and has offered no other protection for Movant's ongoing financial losses resulting from Debtor's continued occupancy without paying rent.”
Recall dear friends, over $100k was seized by a payday loan lawyer…. the money was in the account. It was a decision made by Keith to not pay rent.
“More specifically, the Debtor’s proposed 13-week budget, filed in this case at Doc. 7- 1, shows a proposed funding of $51,000 for rent through September 6, 2026. By that date, the Debtor’s rent obligations to Landlord will total $80,000. Therefore, even assuming that the Debtor can meet its budget, it will still be nearly $30,000 in arrears. It is well-settled that a landlord is not required to fund the unsuccessful operations of a debtor.”
Imagine, you haven’t paid rent for a year, but in your proposed bankruptcy budget, you include plans for rent, but not all of it. Also please note that Cap’N Phillip used the word “unsuccessful” to describe the world’s largest bankruptcy bar.
“The $100,000 debtor-in-possession loan proposed to be made by Keith Weaver does little to change that conclusion. Keith Weaver has proposed to loan the Debtor $100,000 at 10% interest; however, in the 90 days prior to the Petition Date, the Debtor transferred $193,400 to Nashwood, Inc., a company wholly-owned by Keith Weaver. It appears that Mr. Weaver is proposing to loan to the Debtor approximately 50% of what was preferentially transferred to him in the first instance.”
Read this part again. Trust that it is as bad as you think. Keith Weaver, took $194k out of the HB bank account, a company he owns, to another company he owns, who will now loan money back to it at a 10% premium. There is no greater example in a court record so far to show commingling exactly as it is. There are $100k infusions to HB, coming from where Grant Sidney? These sorts of transactions are generally frowned upon by regulators, and I believe that Cap showed this to shine light on what’s probably been going on with all the entities for a very long time.
The receiver asked to be excluded from the stay so he can sort out the eviction.
Which the judge Granted.
This reminds me that Fawn and Keith are no longer employees of UN. Although they both hold worthless shares.
A Dear Mike letter is one I never hope to receive.
No notes.
UPDATE 6/26-
Good day! This update will be a bit of a roundup as there is a lot going on. I’m a pint of cold brew in, so I’m ready to go. A lot of quick ones up top, but then a really interesting one that I’ll spend some time with.
James Walker Jr. the defense attorney for The Weaver (TM) in the Menos case has officially withdrawn as her attorney in that case. Alicia Washington is the remaining defense attorney of record (for now).
The Weaver (TM) and Victoria’s cigar / thank you tour that wasn’t sponsored by UN has been unceremoniously canceled without caption via Victoria’s IG page (image below). If you bet against it happening on Polymarket, congratulations. No word from Fawn about this…. why?
The Weaver (TM) in Paris (where I’m sure the French just loved her energy), was the latest episode of Sunday with the Deceivers, where she attended a wedding, and was there to ostensibly “make some deals” while near Cognac. First things first, France has an extradition treaty with the USA in regards to fraud and financial crimes, so no, she’s not running. We can all assume that her “deals” are to meet with attorneys and try to bamboozle a French court to try and save the chateau. She’s posted so many losses in US Courts, why not try it in France?
Also, while she was there, she declared that she was dipping out of social media until September so she could finish writing her new book, specifically focusing on the last chapter….. (methinks there will be many last chapters when she hasn’t much yard time to distract her from writing)..
I have some thoughts. First, she’s been dirty deleting stuff off her socials. If you look at her IG page she’s removed almost all of her reels discussing the case. Not all of them, but most of them. The “Take All Their Money” video, in all of its awkward and ironic glory, is gone.
She’s pretty much stopped updating her “follow the case” page. I mean, I’m a bills fan, and I don’t hang those 4 super bowl losses on my wall, so I get why she stopped, she’s out of potential spins.
I’m speculating here, but I’m guessing her attorney du jour has finally convinced her that she’s in deep trouble and needs to stop freaking talking. The problem with dirty deletes, is that I’m sure that the Federal investigation has already captured all of those videos, and I’m also guessing that Demitra Cat has them saved as well. So it won’t help, because the internet never forgets.
Dropping off socials just tells me that the heat is about to turn up to 500, and it gives her a way to avoid the embarrassment. Her inability to control the narrative as she has for so long, has got to be a huge source of frustration for her.
What will we all do with our Sunday’s now that Sunday’s with the Deceivers is canceled?
Ok ready for some big news? Scroll down.
She didn’t even caption the image on her social.
Ok, now the big news.
HUMBLE. BARON. FILED. FOR. CHAPTER. ELEVEN. BANKRUPTCY.
Yea, sure sure, it’s not really a surprise is it? With all we know about the way the Weaver’s run their businesses, we all kinda knew this was inevitable since it didn’t get included in the receivership (in fact, it was the only way it COULD survive).
Let’s hit the lowlights, and sadly, there’s a lot of them.
On June 5th, Keith Weaver filed chapter 11 bankruptcy in the eastern district of TN.
Tom Bible Law in Chattanooga is representing. I’d make a cat, but he I’m wagering that he won’t be here long.
Total Debts - $6,165,919.06. SIX MILLION.
I have the list of most of the people owed, and you’ll never guess who is owed the most.
Well, you can probably guess. Man, the audacity of filing bankruptcy protection to keep your company from having to pay you, the owner.
ASCAP- $10,576.01 (ASCAP collects licensing fees from businesses that play copyrighted music publicly).
Aspire Realty out of New Jersey - $102,634.00 This is a cash advance company. Yep, a form of a payday loan for businesses.
Auto-Chor System out of Mountain View, CA- $32,242.82 Commercial dishwasher, sanitation type company.
Bar Alliance Nashville- $20,990.44
BME Services out of Kentucky- $20,990.44
BMI- $16,980.25
Department of the Treasury (yeah, that IRS)- $772.00
Empire Distributors of TN, Inc. - Nash- $1,161.00
Fox Funding- $94,421.00 (Yes, another payday loan for businesses company).
Fuji Funding LLC- $123,566.00 (Anyone noticing a trend here? Another payday loan for businesses company)
Global Music Rights- $4,000.00
Heartland - POS- $985.58 (Yeah, I know it stands for Point Of Sale, but I always giggle anyway).
HG Staffing- $13,062.77
Holston Gases - Manchester- $1,167.13 (Another mom and pop they scammed).
Incorporating Services, Ltd.- $150.00 (Hell, you or I could pay this one, but apparently jet setting Keith can’t)
JP Morgan Bank- $7,183.00 (When you don’t pay banks millions, what’s the big deal not paying a different one a little?)
Keith Weaver- $4,990,588.00 (Look at this fooking guy).
Koorsen Environmental Services, LLC- $1,300.21
Music City VIP Tours- $500.00
Nashwood Inc- $223,103.35 (This is comically stupid. A company Keith owns files bankruptcy to stay the debt that the company owes to not just Keith personally, but also to another company that Keith owns. There have been so many Weaver hands all over money that probably didn’t belong to them in the first place)
Om Johari Fletcher out of Slidell, LA (practically a neighbor)- $550.00 (An Afro-Punk artist).
OpenTable- $4,159.06 (A Christopher Moltisanti favorite)
Paychex- $20,018.36 (wait for it, wait for it, a Payroll company)
Ramp Business Corporation- $8,109.00
SESAC- $4,106.00
SM Services LLC- $23,565.20
Society Insurance- $6,255.45 (Fun fact, Society was involved the Eady v. Humble Baron lawsuit).
Stacy Alan Mitchhart- $1,250.00 (Likely an unpaid performer at HB).
Star Advance LLC- $141,756.00 (The amount of payday loans is mind boggling).
State of Tn Department of Revenue- $4,408.17 (Not paying the state is dangerous).
Sysco Nashville- $13,929.02
The Brand Guild- $14,960.00 (This one is directly connected to Uncle Nearest. PR firm that was with UN since 2018. If you want to see how they promoted UN, and positioned The Weaver (TM) as the visionary head of the nonsensical $1.1 billion company, click this link, they seemed to have done the heavy lifting to elevate Fawn Weaver as THE Brand)
Toast, Inc.- $59,154.00
Tyrone Smith - Revue- $3,750.00 (Another entertainer)
Unique Funding- $138,564.00 (I mean, it’s in the name people, payday loans for businesses).
US Foods- $11,326.36
Vestis- $34,862.61
I wonder if Tom knows he’s working for free?
Of course there’s more…….
“Despite Debtor’s scale, inadequate marketing and market constraints have resulted in the venue rarely operating close to its full capacity. Additionally, the company has suffered from high management turnover since its inception, with successive management teams failing to establish a profitable business model almost every year, requiring continuous cash injections to sustain operations.”
Kai Pineda was once involved….. Also, those cash injections…. they weren’t just payday loans for businesses…..
“Additional detriments include previous overstaffing, an overly complex menu, and inadequate inventory controls leading to substantial shrinkage.”
Pretty much like all of the Weaver run enterprises?….. They stupidly built a bar too freaking big, and then had to staff it accordingly, never drew enough consistent business to warrant the size, and the staffing levels, didn’t pay the employees on time, stole tips, and the employees stole back? Man, what a well run establishment. Oh yeah, and didn’t pay the insurance for employees, while living it up in France.
“Furthermore, as Humble Baron is located within the Nearest Green/Uncle Nearest campus, the highly publicized receivership has severely impact consumer perception and foot traffic, resulting in a decline in sales. “
Bruh, above in the filing, it was mentioned that the joint was never a success, even before the receivership. Also what happened to all the “ride or die” culties in the comments? They aren’t putting ten toes on the campus to show their support?
Quick question while it’s on my mind- Did Victoria also get fired?
“In efforts to sustain operations, debtor procured multiple merchant cash advance (MCA) loans with Fox, Fuju, Unique and Star Advance.”
Payday loans baybeeeeee.
“While providing an infusion of cash to sustain operations in the short term, the onerous terms of those agreements depleted cash flow and all but ensured future default.”
You cannot make this shit up. Keith Weaver entered into these agreements knowing full well that the terms of a payday loan are NEVER in your favor, and when you pay none of them back, and keep taking out new ones….
Additionally, Debtor’s primary operating account with Wells Fargo was frozen on 6/3/2026 as the result of what appears to be in reference to a “Legal Order Debit” referencing the las office of Jacob Z. Wienstein PLLC. “
Any guesses who Jacob represents? Let’s just say that payday loan companies don’t play around when they aren’t getting paid.
Keith has asked the court for permission to loan Humble Baron an additional $100,000 at 10% interest so that he can fund operations until he can secure additional financing. This means that payroll will likely not be met without that cash infusion. He approached several lenders that declined to offer loans. The fact that Keith continues to try to keep this cash money pit operating is insane. That bar could NEVER exist without UN support, and funding. It never will either.
“Estimated bi-weekly payroll of approximately $5,500.00 for 4 employees, next due on 6/19/2026.”
I’m just catching up doing this live, so I’ll let you know soon if this was met….
“Rent and Utilities, currently in the name of landlord Uncle Nearest, total to approximately $21,000 per month. Failure to pay same would likely result in initiation of eviction proceedings and termination of operations.”
I wonder……
“The Debtor's business has substantial going-concern value that would be lost in a liquidation scenario. With its beautiful facilities, the Debtor is primely positioned to become the pre-eminent, elite event venue in Shelbyville, Tennessee, with a skilled workforce serving some of the best bourbon in the world. Debtor anticipates hiring an event manager in further efforts to facilitate same, all of which will generate substantially more revenue. The proposed financing will enable the Debtor to preserve this going-concern value by sustaining ongoing operations, filing in shortfalls where necessary, so that the Debtor can retain its facilities, staff, and focus on generating additional revenue in efforts to maximize recovery for the benefit of the bankruptcy estate and all creditors.”
What combinations of substances would cause someone to write something so delusional? In the roughly 6 years of existence, this train wreck has lost substantial amounts of money, cannot pay its debts, and just wait, we gonna make it work trust me bro.
“The Debtor estimates that its going-concern value substantially exceeds its liquidation value. Excluding an unused net operating loss for tax purposes of approximately $3.5 million, Debtor estimates its liquidation value at approximately $970,193.612. As net sales for fiscal year 2025 alone exceeded $2.182 million, the Debtor believes its going-concern value is much larger. By preserving going-concern value, the financing will maximize recoveries for all creditors.”
I am expected to believe, that HB made $2.182 million in PROFIT, when 5 months of the year were under receivership of UN, and they were taking out payday loans left and right….. couldn’t pay Sysco, or any of the other debts listed? Hell, take Keith’s chunk out, and they could have paid everyone else. But didn’t? And now bankrupt? We have eyes and ears people. We aren’t dumb.
“As no payment on the loan would be due until the effective date of a confirmed Chapter 11 Plan, dismissal, or conversion of the case to another Chapter of the Bankruptcy Code, giving the Debtor approximately 6-12 months to further ramp up operations before making payment, the Debtor believes repayment of the loan is feasible.”
What Keith believes is laughable. What was filed mentions “another chapter of the bankruptcy code” which could inclue the liquidation part of bankruptcy. Which is likely.
The judge granted permission to issue the loan from Keith Weaver to Keith Weaver’s business Humble Baron.
Final hearing set for July 13th.
Liens are stayed for now.
I’m having flashbacks to my 20’s seeing all those zeroes.
Wanna see the Humble Baron statement for the last month or so?
See images below……..
The 15 grand to Bet It All Records was probably for the Black Rodeo afterparty. That’s the payment to the artists Nakessa & Em featuring Jon Stone.
Jack M. Palmer owns a foodservice business in Shelbyville. This was also likely food service for the Black Rodeo afterparty.
Impressions is likely Southeast Impressions which does merch.
I’m sure that Walmart Supercenter and Waffle House were business expenses. Keith was probably a hungry boi.
First Entertainment and Geoffrey Coatar got some cash money. Whooo. Maybe it’s because Geoffrey and Keith worked together at Sony back in the day? First Entertainment is a credit t union….
Genesis Global with the big $30k! Payroll company.
Michael Edwards is an artist.
Why are they paying for ChatGPT at the $54 level when they have the big claude? How much AI does the wife need?
LegalZoom lol.
I love that Jack keeps getting paid.
Why does he keep getting paid and employee insurance was not?
Was Keith expecting that inclusion would happen and he wouldn’t have to pay the other debts?
What are the incoming wire transfers from Chase all about? That’s a lot of scratch inbound.
Jack Palmer, AGAIN.
What the hell can you purchase in New York for $1.25? I can’t even buy a candy bar in New Orleans for that.
Jack Palmer. Is he providing food in their living room or something?
Remember when you made a $2790 cash deposit at an ATM? Yeah, me neither.
Harland Clarke is a check printing and banking supplies company. Guess he ran out of checks.
And the overdraft fees. Keith is just like you, myself, and all the regular people.
Also known as spending money you ain’t got. Life was simpler when UN funded everything.
Jack Palmer is seeing more money than the Founder of Square One ever saw from her acquisition.
Adams and Reese. ROCKY! YOU GOT PAID!!! Cool that he was paid from an HB account for representing UN in the original Farm Credit lawsuit. The commingling never ever ends.
Jack Palmer, AGAIN.
ATMOS, and Shelbyville Power. What properties are HB paying the electric bills at?
IS that a baggage fee for Allegiant? Or for drinks on a plane? lol
More money to LegalZoom to explore the case options?
Another wire transfer in from Chase.
$4000 cash withdrawn…… hmmmmm…..
Mansfield is a real estate appraiser company. Recall he’s sold or attempted to sell some things….
No Jack? WTF? Jack needs money.
Mcafee lol. Sir, what websites are you visiting?
There’s Jack.
Couple payments to ABC, possibly for license renewal to sell alcohol at the world’s loneliest bar.
I have a lot of questions about this Jack fellow. He’s being paid frequently.
Byrd is a crisis management firm (among other thngs).
“Per J. Richard Byrd, one of the counsel representing Uncle Nearest, the documents had long been made available to the public, giving transparency to the company’s battle with the receivership and Farm Credit.
“The follow the case link on the Fawn Weaver site is not new,” Byrd told theGrio. “It has been there for quite some time. It was created as a place for people to have the ability to look and read the filings and responses for themselves.”
Bobo is another legal firm.
I really, really wanna understand what these Chase Wire Transfers are.
That’s it for today’s update, there will be some more tomorrow morning.
UPDATE 6/11-
Regrettably I left you all hanging yesterday with a teaser. Today we will get to that chunk, so hopefully it was worth the wait. Before we get to it, let’s address the latest filing in the other case where The Weaver (TM) had asked for an emergency stay to prevent inclusion, and the sale of THAT DAMNED HOUSE (TM). Well, in short, it was simply DENIED. So while we wait for the next inevitable hail mary, let’s do the chunk. Judge Math (TM) has concluded, now we will explore the Judge describing something that should send chills down anyones spine, assuming you aren’t completely out of touch with reality…..
“In response to Farm Credit’s Emergency Motion for the Immediate Appointment of Receiver, Uncle Nearest and the Weavers conceded that Uncle Nearest’s former CFO, Mike Senzaki, engaged in fraudulent conduct during his tenure with the company, including by materially overstating Uncle Nearest’s barrel inventory to Farm Credit.”
And Senzaki Cat will have to answer for that, even though it’s not a stretch to believe that he was directed to do so.
“That said, the Weavers and Uncle Nearest attempted to minimize the effect of this concession, arguing the Weavers were neither aware of nor participated in any fraudulent conduct.”
An officer of a company, and their actions or inactions, are always the responsibility of the CEO, especially when that officer was also an officer of Grant Sidney.
“The Court found this claimed lack of knowledge limited the weight of the conceded Senzaki fraud but nevertheless held that the fraudulent conduct factor weighed in favor of a receivership overall as Senzaki’s actions were properly attributed to Uncle Nearest under traditional principles of agency.”
So far, it seems as if Senzaki is going to get the blame, and The Weaver (TM) might have been right all along? Now hold up, no wait a minute….
“Nothing in the Motion to Reconsider calls for a different conclusion now. The Weavers, now joined by Grant Sidney, still maintain Senzaki is a fraudster and that the Weavers neither knew of nor engaged in any fraudulent activity.”
I wonder when/if The Weaver (TM) will ever, ever, finally, at long last, release the results of the independent investigation.
“The Weavers and Grant Sidney’s rehashing of old arguments does not lessen the weight Senzaki’s conceded fraud still carries. Senzaki’s conduct as Uncle Nearest’s CFO is still attributable to Uncle Nearest, and the fraud he concededly perpetuated still swings this factor in favor of the receivership.”
The continual rehashing hasn’t worked so far, but it’s all they got.
“The weight of this factor is further enhanced by the fact that Uncle Nearest, under Fawn Weaver’s leadership, engaged in additional fraudulent conduct. Specifically, the Court finds—for purposes of this Memorandum Opinion and Order only—that Uncle Nearest concealed its dealings with MP-Tenn LLC from Farm Credit and misrepresented the source of $20 million it obtained MP-Tenn.”
ADDITIONAL fraudulent conduct that had ZERO to do with Senzaki Cat. Folks, settle in, CATchely is about to set the world on fire.
“Take all their money” - Fawn Weaver.
“Uncle Nearest, Inc., Grant Sidney, Fawn Weaver, and MP-Tenn executed a Note Purchase Agreement on February 4, 2026. Under the terms of this contract, MP- Tenn agreed to purchase up to $40 million in convertible promissory notes from Uncle Nearest, Inc. If any of these notes later converted to equity, then Uncle Nearest, Inc. would have been obligated to cancel an equal number of Grant Sidney’s Uncle Nearest, Inc. shares to the number of shares granted to MP-Tenn under the relevant note.”
I’m fairly certain that date is a typo.
“Fawn Weaver testified that the transaction with MP-Tenn was structured this way, as opposed to a direct sale of Grant Sidney’s Uncle Nearest, Inc. shares, to avoid tax liability. The Court makes no finding as to whether this transaction, or any transaction for that matter, crossed the all-important line between tax avoidance and tax evasion.”
You see kids, tax avoidance is not illegal. Tax evasion is what put Al Capone in Alcatraz. This transaction was likely tax avoidance, but also likely done so that The Weaver (TM) deferred giving up any of her now worthless shares. Which she probably knew were worthless even then, which means….
“MP-Tenn and Uncle Nearest, Inc. executed two $10 million convertible promissory notes in accordance with the Note Purchase Agreement in February 2026.”
It’s early morning while I do this update, and I’m still trying to figure out if this actually happened in 2026 or 2025. I’ll clarify that tomorrow.
“The proceeds from these notes were deposited in a CalPrivate Bank account (Account No. ***873), which was opened by Uncle Nearest, Inc. solely to receive these funds. From there, the funds were moved to a separate CalPrivate account owned by Grant Sidney (Account No. ***881). (showing funds leaving Uncle Nearest, Inc. Account No. ***873), (showing funds entering Grant Sidney Account No. ***881)]. Fawn Weaver testified she moved these funds to Grant Sidney Account No. ***881 because (1) she did not want the funds to be “snatched” by Farm Credit and (2) she needed to ensure Uncle Nearest could continue financing its operations during forbearance negotiations with Farm Credit.”
The forbearance agreement was being negotiated in February 2025, not 2026. The court goofed on the dates. All this took place in 2025. But that Fawn took the money from UN, moved it to Grant Sidney to avoid the bank snatch. is wait for it…..
“Over the next several months, it appears the $20 million, plus accumulated interest, was disbursed From Grant Sidney Account No. ***881 to different Uncle Nearest and Uncle Nearest vendor accounts.”
I wonder if any debts owed to any of the Weaver entities were given favored nation status, thus a priority, on some of that Jay Z money. Any bets?
“It further appears these disbursements were subsequently memorialized as debt owed to Grant Sidney in the Subordinated Credit Agreement that Uncle Nearest and Grant Sidney executed in conjunction with the eighth amendment to the July 22, 2022, Credit Agreement and attendant Forbearance Agreement between Uncle Nearest, the Weavers, and Farm Credit.”
Once again, UN was saddled with the debt as a loan to Grant Sidney, which might’ve been a scheme to avoid giving up any worthless shares owned by Grant Sidney.
“Since the source and flow of the MP-Tenn funds has come to light, Grant Sidney has argued that “[t]he structure of the funding through [its] account was known to and approved by Farm Credit. But while the evidence shows Farm Credit knew Grant Sidney was disbursing funds for Uncle Nearest’s benefit, it does not reflect that Farm Credit knew the MP-Tenn convertible promissory notes were the source of those funds.”
Saying the bank knew, is a lot different than the bank actually knowing.
“The Weavers and Grant Sidney originally characterized the MP-Tenn funds as “investments, “infusions,” and “documented loans” that Grant Sidney was personally making, not once suggesting the funds were connected to outstanding third-party loans.”
The legal term for this is “getting cute.”
“Now, however, they acknowledge MP-Tenn as the source of the funds.”
They kinda have to, as the paper trail lays it out.
“And instead of claiming that Grant Sidney was providing capital infusions or loans to Uncle Nearest, they now contend that Grant Sidney was simply acting as a de facto disbursing agent.”
I still love that she said “snatched” on the stand. In court.
“The Forbearance Agreement and attendant Subordinated Credit Agreement strongly indicate Farm Credit was not told about the MP-Tenn convertible promissory notes. Starting with the Subordinated Credit Agreement, it treats Grant Sidney’s disbursement of the MP-Tenn funds as a loan from Grant Sidney to Uncle Nearest.”
The bank would absolutely have BALKED at these promissory notes, just like they BALKED at the MV house being mortgaged.
“If Farm Credit knew that Grant Sidney was not using its own funds to finance Uncle Nearest’s operations— but rather was just acting as a “de facto disbursing agent” of the MP-Tenn funds —then why would Farm Credit agree to or otherwise allow the execution of a contract that treats Grant Sidney as a lender with the right to be repaid?”
Why indeed? Also, when a judge starts asking questions in an effort to shine light on your nonsense, there is trouble afoot.
“And if the Weavers, Grant Sidney, and/or Uncle Nearest were forthright about the source of the MP-Tenn funds from the beginning, then why would they allow Uncle Nearest to incur an additional ~$20 million in liabilities to Grant Sidney through the Subordinated Credit Agreement rather than insist the contract accurately reflect Grant Sidney’s role as a disbursing agent?”
Sensible questions to nonsense.
“Turning to the Forbearance Agreement, it lists a series of defaults that Uncle Nearest, the Weavers, and Farm Credit agreed Uncle Nearest had committed under the July 22, 2022, Credit Agreement. One of these defaults concerns the unsecured debt Uncle Nearest purportedly owes to Grant Sidney as part of the Subordinated Credit Agreement.”
SERIES of defaults. Not one, but a SERIES.
“If Farm Credit knew Uncle Nearest owed this debt to MP-Tenn rather than Grant Sidney, why would it not insist that the Forbearance Agreement accurately reflect this fact? Furthermore, if the Weavers, Grant Sidney, and/or Uncle Nearest had informed Farm Credit that Grant Sidney was merely acting as a disbursing agent, then why would the Weavers and Uncle Nearest agree under the Forbearance Agreement that Uncle Nearest had incurred debt to Grant Sidney in relation to these disbursements and therefore defaulted under July 22, 2022, Credit Agreement?”
At this point I feel like the judge is asking the questions we’ve all had.
“The Weavers, Grant Sidney, Uncle Nearest, and Farm Credit are all sophisticated parties. Thus, it is incredibly doubtful that none of them would have taken issue with the Subordinated Credit Agreement and Forbearance Agreement consistently treating Grant Sidney as a creditor rather than a disbursing agent if Grant Sidney’s role and the source of the MP-Tenn funds had been disclosed to Farm Credit. It is further doubtful that neither the Subordinated Credit Agreement nor the Forbearance Agreement would mention MP-Tenn in any way had Farm Credit been told MP- Tenn was the source of the ~$20 million described in the Subordinated Credit Agreement.”
Calling the Weavers, Grant Sidney, and Uncle Nearest “sophisticated parties” is a stretch, but we get the point.
“Considering the foregoing, it is reasonable to conclude that Uncle Nearest concealed its dealings with MP-Tenn from Farm Credit and represented the $20 million MP-Tenn loaned Uncle Nearest as an infusion of Grant Sidney’s own funds.’
“And when the other evidence in the record is taken into account, this conclusion becomes inescapable. As noted above, the MP-Tenn funds were moved from Uncle Nearest to Grant Sidney to both keep the funds beyond Farm Credit’s reach and ensure the funds would be used to finance Uncle Nearest’s ongoing operations.”
And the unnecessary security detail, the flying to hair appointments, buying books to juice up the sales rankings, glam squad, etc..
“Concealing the source of the MP-Tenn funds would further these stated goals by preventing Farm Credit from realizing it may have a claim to the MP-Tenn funds or otherwise demanding that Uncle Nearest spend the funds in a certain way.”
Like, making good on those defaults….. Folks, The Weaver (TM) didn’t want the funds “snatched” by the bank, because UN was running on fumes, and needed that money to avoid closing the doors, or laying off overpaid culties….
If this happens, and you happen to attend, I would love pics.
“Then there is the fact that Uncle Nearest executed the MP-Tenn convertible promissory notes while in the midst of high pressure forbearance negotiations with Farm Credit, negotiations that may have broken down had Farm Credit been told Uncle Nearest incurred additional debt seemingly in contravention of the July 22, 2022, Credit Agreement.”
Hiding this knowledge probably bought The Weaver (TM) some time, which ironically might buy her a different kind of time later on….
“Thus, Uncle Nearest had motive to not tell Farm Credit about the MP-Tenn convertible promissory notes and to disguise the source of those funds.”
“Considering this motive alongside the Subordinated Credit Agreement and Forbearance Agreement (i) treating the MP-Tenn funds as a loan from Grant Sidney and (ii) never mentioning MP-Tenn once, there is only one reasonable conclusion: Uncle Nearest—under Fawn Weaver’s leadership—concealed its dealings with MP- Tenn from Farm Credit and misrepresented the $20 million MP-Tenn loaned Uncle Nearest as an infusion of Grant Sidney’s own funds.”
“Fraudulent conduct “must be established by clear, unequivocal and convincing evidence.” Kearney & Trecker Corp. v. Cincinnati Milacron, Inc., 562 F.2d 365, 371 (6th Cir. 1977). For the avoidance of any doubt, the Court finds this standard has been met.”
“This misrepresentation tips the fraudulent conduct factor further in favor of the receivership’s continuation. This weight is lessened by the fact it appears that, at least on the current record, the funds diverted to Grant Sidney flowed back to Uncle Nearest, but the misrepresentation itself still carries considerable weight.”
This looks like another good spot to end today’s update.
Judge Math is educational.
UPDATE 6/10-
Chunk time, but before we get to that, did you know that a piece of the Weaver Family Land Empire was sold recently? No, not the house that was purchased by the Pineda’s, and no not the property that was about to end up in a fire sale, but a little known property that was originally purchased with some UN money. And just for kicks the property taxes were paid by UN as well. Anyway, it was sold in March of this year to wait for it, wait for it…..
Jack Daniels Employee Credit Union.
The property was under the Fawn/Keith trust umbrella, so it’s unlikely that any of the proceeds made it back to UN. Once again, UN paid the bills for the lifestyle maintenance.
Just a reminder that Mike Senzaki couldn’t fart in a jar without The Weaver (TM) approval.
It’s a solid bet that Fawn Weaver got her “multiple” estimate from John Eugster.
Anyway, let’s get back to Judge Math, and look at the proposed sale/leaseback, which would have been an utter disaster for UN had it taken place.
“The Weavers and Grant Sidney have argued—without directing the Court to any supporting evidence—that the Martha’s Vineyard property is worth $4 million. The Court declines to consider this unsupported valuation.”
I mean, there were ZERO overbids on THAT DAMNED HOUSE (TM) listing. So math is math here. Plus, there are two loans on it lol.
“Looking first to the July 7, 2025, letter of intent, it outlines a transaction wherein Uncle Nearest would sell the Nearest Green Distillery to STORE Capital for $70.4 million.”
This segment will show a couple of things, 1- how desperate Failed CEO and Food Influencer Fawn Weaver was for cash money, and 2- How this was always a take all their money operation, figure out the debts later (or don’t).
“STORE Capital would then lease the Distillery back to Uncle Nearest for at least 25 years with four five-year renewal options.”
45 years of debt folks. FORTY FIVE.
“During the first year of the lease, Uncle Nearest would pay STORE Capital $5,984,000 in rent.”
Remember folks, UN/NGD owned this land. Paid for with investor money. They were now going to flip that land for cash, and burden UN with the debts.
“This rental payment would then increase 2% every year thereafter. In addition to these rent payments, Uncle Nearest would be “responsible for all costs associated with the Property, including maintenance…taxes, insurance and any common area maintenance charges, if applicable.”
You rent from a landlord, but then have to mow the damn lawn too? Who negotiates a deal like this? Can we get a “said differently?”
“Said differently, in exchange for its $70.4 million, STORE Capital would receive (1) the Nearest Green Distillery; (2) a guaranteed tenant for at least 25 years who was obligated to pay all costs associated with the Distillery; and (3) approximately $191,669,314 in rent over 25 years.”
Folks, that is NOT a typo. Judge Math don’t lie. Failed CEO’s do though.
“These second and third benefits of the transaction undoubtedly contributed to the proposed $70.4 million contract price. As a result, the Court finds the July 7, 2025, letter of intent carries little to no weight in establishing that the Nearest Green Distillery on its own is worth $70.4 million.”
Could you imagine that UN in late 2025 would owe another big payment that they couldn’t afford? According to Cat Math, this deal would have made UN valued at a NEGATIVE $125,000,000. Cat math is not real math. Please consult your financial advisor before trusting it.
I wasn’t kidding. The judge put this in the order. Judge Math. Man.
“The Court further finds that the letter of intent undermines Fawn Weaver’s testimony that the Distillery is worth at least $70.4 million.”
We are about to find out its true value when the proposed sale goes through.
“Simply put, it is not believable that the Distillery on its own is worth more than a sophisticated buyer like STORE Capital would be willing to pay to acquire the Distillery, plus a tenant who would cover all the Distillery’s costs, plus more than $190 million in future revenue. Considering this alongside the other issues with Fawn Weaver’s credibility, the Court does not give her testimony any meaningful weight.”
I’ve read this paragraph multiple times. The Judge continues to question her credibility, which will come full circle when we get to Jay Z money.
“And with neither Fawn Weaver’s testimony nor the letter of intent carrying any significant weight, the Court finds that the Weavers and Grant Sidney have failed to establish the Distillery’s value.”
Failed CEO’s gonna fail all the way to jail?
“Turning to the value of the filled whiskey barrels, the Weavers and Grant Sidney asset that Uncle Nearest’s filled whiskey barrels are worth approximately $81.2 million and that the barrels subject to the Advanced Spirits contract offset that contract’s liabilities, meaning they are worth at least $45 million. To support this position, the Weavers and Grant Sidney rely on (1) Fawn Weaver’s testimony and (2) an unattested letter and accompanying pricing schedule purportedly from Terry N. Thome, retired President of J.B. Thome & Co. Inc., a spirits broker. This evidence fails to carry the weight the Weavers and Grant Sidney need it to.”
You mean her testimony wasn’t credible?
“The Thome letter generally asserts that non-Kentucky bourbons and whiskeys have not experienced the decrease in value that has plagued other spirits as of late. The Court, however, cannot rely on the Thome letter or its accompanying pricing schedule as evidence of this assertion because doing so would run afoul of the rule against hearsay. Consequently, the Thome letter carries no weight in establishing the value of the filled whiskey barrels.”
Fails keep stacking up.
“This means all the Weavers and Grant Sidney have to establish the value of the filled whiskey barrels is Fawn Weaver’s testimony. This presents a problem for the Weavers and Grant Sidney because the Court does not find Fawn Weaver to be a credible witness.”
I laugh, because it’s all so sad.
“The Court observed Fawn Weaver’s demeanor during the February 9 hearing. It has noted where her testimony has changed during the course of these proceedings and where it has been in tension with the truth.”
If you’ve experienced tension with the truth you may be entitled to compensation.
This fake note, sadly, has the same value as shares in UN.
:The Court has also considered Fawn Weaver’s interest in ending the receivership and the personal harms she has directly attributed to it and this litigation Combined, the foregoing leave the Court with the firm conviction that Fawn Weaver’s testimony thus far—whether on the witness stand or through her many declarations—has been guided by the story she believes best serves her personal interests, irrespective of its relation to the truth.”
This is a nice way of saying she’s a liar liar pants on fire.
“This alone is sufficient for the Court to decline to give her testimony as to the value of the filled whiskey barrels any meaningful weight. But it is not the only reason the Court finds her testimony unreliable.”
Folks, the judge is saying what I, and so many others have been saying for quite some time.
“The Receiver testified that he attempted to sell 10,000 of Uncle Nearest’s filled whiskey barrels at a price of $1,000 per barrel but received no offers.”
To make it clear to the culties- no offers means zero dollars.
“He further testified that the only offer he had received for Uncle Nearest’s barrel stock “was an offer of approximately $400 per barrel, for less than 1,000 barrels.”
It’s a laughably low price, but it might’ve been a good deal at the time. The price can’t have gone up.
“This testimony—which is based on actual attempts to sell Uncle Nearest’s filled whiskey barrels—strongly suggests these barrels do not hold the roughly $1,500 per barrel value Fawn Weaver claims they do.”
The Weaver (TM) would claim that the barrels are worth even MORE when bottled and sold, neglecting the facts that the glut on shelves is insane right now, the brand is wrecked, and the debt load will forever prevent them from growing the ability to bottle that stuff.
“Even acknowledging that the Receiver may not be able to obtain top dollar for the barrels, that he has experienced so much difficulty selling barrels at what the Weavers and Grant Sidney would consider a significantly discounted rate indicates the barrels are not worth what Fawn Weaver claims.”
“The Court presumes Fawn Weaver’s ~$1,500 per barrel valuation is also applicable to the filled whiskey barrels held by Advanced Spirits since neither she, Keith Weaver, nor Grant Sidney have provided an alternative calculation for these barrels.”
“Considering this alongside Fawn Weaver’s general lack of credibility, the Court finds the Weavers and Grant Sidney have failed to establish the value of the filled whiskey barrels, regardless of whether those barrels are held by Uncle Nearest or Advanced Spirits. And because they have also failed to establish the value of the Nearest Green Distillery, the Weavers and Grant Sidney cannot show that Uncle Nearest is balance sheet solvent under the asset addition approach.:
When a judge continues to mention your lack of credibility, it means you have failed to bluster your way through a court case by relying on nonsense, over-confidence, and CatGPT.
“For the foregoing reasons, the Court finds that Uncle Nearest is both cash flow insolvent and balance sheet insolvent. This factor therefore weighs strongly in favor of the continuation of the receivership.”
Class dismissed.
4.18 acres, how much did it sell for?
It is unclear whether there is adequate security for Farm Credit’s loans
“Having found that Uncle Nearest is insolvent, the Court next turns to whether, despite this insolvency, there is adequate security for Farm Credit’s loans. For Farm Credit to be fully secured, the evidence needs to show that Uncle Nearest has more than $120,850,721 in collateral that could be used to pay Farm Credit should it prevail in this litigation.”
I mean, we all know the answer by now right? RIGHT?!
“As noted above, the Weavers and Grant Sidney have failed to establish the value of any specific Uncle Nearest asset. . Accordingly, the Court cannot simply add up those assets to determine whether sufficient collateral exists. Considering this and the fact that Farm Credit claims a security interest in virtually all of Uncle Nearest’s assets, the Court finds it appropriate to evaluate whether Farm Credit is fully secured by comparing its loan value to Uncle Nearest’s enterprise value.”
Judge’s do not live in Fawntasyland.
“As a reminder, the Court estimates Uncle Nearest’s enterprise value at $50 million to $125 million. Thus, it is possible that Farm Credit is fully secured, assuming Uncle Nearest is most accurately valued at the top of the Court’s range. But any weight this carries against the continuation of the receivership is offset by (1) the fact that a less than top-of-the-range valuation would mean Farm Credit is not fully secured and (2) even if Uncle Nearest’s enterprise value fully secures Farm Credit against the $120,850,721 Farm Credit claims Uncle Nearest owes as of February 2, 2026, accumulating interest may soon render even a top-of-the-range valuation insufficient to fully secure Farm Credit, if it has not done so already.”
Assuming the top valuation is not possible, FC will lose half of what’s owed to them. I believe it will be more.
“Accordingly, the Court finds this factor does not carry any meaningful weight either in favor of or against the continuation of the receivership.”
“Uncle Nearest engaged in fraudulent conduct prior to the receivership.”
This seems like a good place to end today’s update…. hate the game not the player.
$435,000 that didn’t go to UN.
Credit to Christian.
UPDATE 6/6-
Who’s ready for the next chunk? Got a quick hit or two, these will mostly come in the comments section (screenshots posted), and then more Judge Math (TM).
Firstly, while The Weavers were staging their reunion at an airport, Cap’N Phillip was filing. He filed his update to the court regarding THAT DAMNED HOUSE (TM). He listed the MV house in the various papers as we was instructed to do, and got ZERO overbids, and has again asked the court to be allowed to proceed to sell the damn thing. We will wait for Judge CATchely to act on this.
Now, let’s break off a chunk of the big order shall we? Remember we are still in the Judge talking about how UN is so insolvent it doesn’t even have any lint in their pants pockets. Let’s start today off with a freaking bang.
“The problem the Weavers and Grant Sidney face is that pre-receivership actual cash flow data tells the same story as the forecasts: Uncle Nearest—under Fawn Weaver’s control—was far better at spending money than making it.”
I should have some snark for this bit, but I think the Judge’s words are perfection.
“Between the week ending April 18, 2025, and the week ending June 13, 2025, Uncle Nearest’s “Cumulative Net Operating Cash Flow” was negative $1,214,994. Put another way, this means Uncle Nearest’s operations were costing the company $134,999 every week on average rather than generating any excess cash.”
Culties and Fawn apologists will claim that this happens when building a billion dollar business, while ignoring the facts that the company was always insolvent, days from shuttering, until the next series of human beings had their money “snatched.”
“This lackluster performance, combined with the generally negative outlook of Uncle Nearest’s pre-receivership cash flow forecasts, leads the Court to conclude that Uncle Nearest was cash flow insolvent prior to the receivership.”
Folks, the judge is just getting started.
“Fawn Weaver testified unequivocally that Doc. 131-4 is not actually a cash flow forecast but instead is merely a template Uncle Nearest sent Kevin Larin—one of Farm Credit’s financial advisors, [see Doc. 131 at p. 1–2 ¶ 2, 3 ¶ 7]—to ask if it was in an acceptable format for submitting future cash flow forecasts. [See Doc. 144 at p. 233–34].
The Court does not find this testimony credible.
As an initial matter, there is no documentary evidence supporting Fawn Weaver’s contention that Doc. 131-4 is a template. Fawn Weaver testified she had an email proving this fact that she was “happy to forward…in[,]” [Doc. 144 at p. 233], but no such email has been filed in the record. The Court finds this telling, particularly when the parties were expressly given the opportunity to submit additional evidence following the February 9 hearing. [See Doc. 143].”
To have a judge, in a court order, state that he does not find the testimony credible is insane. Her mouth writes checks her body can’t cash, kind of like being the CEO of a company in receivership.
“Since the receivership began, the Receiver has made commendable progress improving Uncle Nearest’s cash flow position, but Uncle Nearest still loses more money than it makes.”
Still, with all the complaining about budget cuts (aka her glam/travel/performative security detail), layoffs, etc.. the company still can’t make a profit (even with all that debt not being serviced). The company has only been able to exist because of other peoples money, not because of its own sustainable business foundation.
My apologies for the work induced delays. I’ve always said if I got a C&D I would publicly break that down. :)
“The Weavers and Grant Sidney’s Hearing Exhibit 5 shows Uncle Nearest’s actual cash flows between the week ending September 7, 2025, and the week ending December 7, 2025. Over this period, Uncle Nearest generated a total of $5,071,748 in “Operating Collections.” [See Weavers and Grant Sidney Hrg. Exh. 5]. Uncle Nearest’s “Operating Disbursements” during this same period were $5,085,155, meaning Uncle Nearest lost roughly $13,407 over fourteen weeks. [See id.]. This loss is small, but it is still a loss. Furthermore, it does not account for the costs Uncle Nearest would incur if it was required to service its outstanding debt, an obligation the Order Appointing Receiver has paused.”
This should destroy once and for all The Weaver (TM) narrative that the company was nearing profitability because of her efforts. Even if the company was cash flow positive for the first month in their history, they still were NOT. PAYING. THEIR. BILLS.
“Said differently, Uncle Nearest would likely be losing even more money than it already is if not for the receivership. Considering the foregoing, the Court finds Uncle Nearest remains cash flow insolvent.”
I love the judge when he busts out the “said differently.”
“Turning to balance sheet insolvency, it would be nice if the Court could simply look at Uncle Nearest’s balance sheet, evaluate whether its assets exceeded its liabilities, and declare it either solvent or insolvent. But the Court cannot do this for two reasons. First, balance sheet insolvency asks if the sum of a company’s liabilities exceeds the sum of its assets at fair value.”
“Second, even if balance sheets could generally be used to establish an asset’s fair value, the Court would not give the balance sheet before it any weight because the Receiver has testified it relies upon “substantially flawed and unreliable” pre-receivership financial information.”
Hi Kate! Yes, we remember.
“Thus, to evaluate whether Uncle Nearest is balance sheet insolvent, the Court must look beyond the balance sheet and add up Uncle Nearest’s assets and liabilities itself.”
And off we go……
“The Court will start with Uncle Nearest’s liabilities. Uncle Nearest’s largest liability is the more than $120,850,721 that Farm Credit claims Uncle Nearest owes.”
“The Weavers and Grant Sidney dispute this debt, argue it subject to potentially significant offsets through affirmative defenses and counterclaims, and appear to suggest that it should not be included (or perhaps not given much weight) in the Court’s solvency analysis.”
“Nevertheless, the Court finds it appropriate to consider the entirety of the Farm Credit debt when calculating Uncle Nearest’s total liabilities.”
They dispute everything, everywhere all the time, all at once.
From all accounts that man is worth what he charges.
“While the Weavers and Grant Sidney dispute the total value of the Farm Credit debt in general terms, they never provide a calculation the Court could use to discount the Farm Credit debt, nor do they even attempt to ascribe a dollar value to either (1) the affirmative defenses they allude to or (2) Uncle Nearest’s hypothetical counterclaims. And without such information, the Court has no reasoned basis for excluding any of the Farm Credit debt from its calculation of Uncle Nearest’s total liabilities.”
Even in the lawsuit they filed against Farm Credit (which they asked for a stay about this very order, yes, same arguments, different court) they have not filed anything notable other than the usual “unclean hands” gibberish.
“Next, the record demonstrates that Uncle Nearest owes at least $20,000,000 to MP-Tenn LLC pursuant to two convertible promissory notes. The Weavers and Grant Sidney do not dispute that Uncle Nearest executed these promissory notes. But they appear to argue the notes should not be included as part of Uncle Nearest’s total liabilities because the notes were set to convert to equity in 2030, and it was only because of the receivership that the notes were reclassified as debt.”
Folks, this is the warning shot, keep Jay-Z in your mind as we get deeper into this court order. Think about this, The Weaver (TM) took that $20m and in exchange, Mr. Beyonce was to receive worthless shares in the company. Please recall the “take all their money” instagram video and bathe in the audacity of stealing from Jay Z.
“The Court disagrees.”
That’s because the court has a brain.
“The Weavers and Grant Sidney have not directed the Court to any authority stating—or even suggesting—that a convertible promissory note should be excluded when calculating a company’s total liabilities. And what authority the Court has been able to find through its own research directly undercuts their position.”
The Judge’s clerks must’ve been busy bees.
“Thus, that total just went up by $20,000,000.”
I did not write the judges copy.
“Uncle Nearest’s next liability is the roughly $45,000,000 it owes to Advanced Spirits, LLC in relation to a January 18, 2024, forward contract for the sale and repurchase of filled whiskey barrels. The Weavers and Grant Sidney do not dispute that Uncle Nearest owes this amount but instead argue that if the Court recognizes the $45 million as a liability, it must also recognize the value of the corresponding whiskey barrels as an asset.. The Court agrees. But for now, the focus is on Uncle Nearest’s liabilities, and the Advanced Spirits, LLC debt adds another $45,000,000 to the total.”
I have to agree with Judge CATcheley here. The barrels even in this depressed market, do hold some value.
“Beyond these major liabilities, Uncle Nearest also owes approximately: $13,928,092 in outstanding accounts payable, $277,241 in outstanding credit card debt, $19,659 in outstanding sales tax payables, and $7,834,859 in outstanding notes payable.”
“Although the Court has reservations about taking Fawn Weaver at her word, this figure assumes that—consistent with her representations to the Court—Uncle Nearest does not owe approximately $247,197 in vehicle-related liabilities.”
It appears that Cap’N Phillip took care of the car notes somehow?
“Adding these amounts to the outstanding liabilities described above, the Court finds that Uncle Nearest’s total liabilities for purposes of the Motion to Reconsider are approximately $207,910,572.18 Thus, Uncle Nearest needs roughly $208 million in assets to be balance sheet solvent.”
If only The Weaver (TM) had bought those MegaMillions tickets… if you don’t play, you can’t win.
Judge Math (TM)
“There are two ways the Court could calculate the total value of Uncle Nearest’s assets. First, the Court could add up the value of Uncle Nearest’s assets separately to see if their combined value exceeds $207,910,572 (the “asset addition approach”). Alternatively, the Court could calculate Uncle Nearest’s enterprise value based on a multiple of sales revenue and compare that figure to Uncle Nearest’s outstanding liabilities (the “enterprise value approach”). Uncle Nearest is balance sheet insolvent under both approaches.”
There’s a third way judge, where it isn’t insolvent at all. Just make up numbers! Hi Kate!
“Starting with the enterprise value approach, the Weavers and Grant Sidney argue that Uncle Nearest’s enterprise value is properly calculated by multiplying Uncle Nearest’s annual sales revenue—which was approximately $25 million in 2025 —by a 12x to 13x multiplier.. This would result in an approximate enterprise value of $300 million to $325 million. Such an enterprise value would render Uncle Nearest balance sheet solvent.”
Convenient that the multiplier provided by The Weaver (TM) is just enough to make them “solvent” but wait a moment, what happened to that $1.1 billion self-declared valuation? Oh right. Made up, just like this multiplier.
“The problem the Weavers and Grant Sidney face, however, is they have failed to show that a 12x to 13x multiplier accurately reflects Uncle Nearest’s enterprise value.”
Another failure in a long line of failures from a failing CEO.
“To support their position, the Weavers and Grant Sidney rely on (1) a chart the Keystone Group prepared as part of its February 2025 restructuring plan for Uncle Nearest and (2) the Receiver’s testimony concerning the revenue multiplier range applicable to spirits companies generally. Neither demonstrates that Uncle Nearest’s enterprise value should be calculated using a 12x to 13x multiplier.”
“Starting with the Keystone chart, it notes that “[c]elebrity-owned and ‘storied’ spirits brands have recently sold for revenue multiples ranging from 12–24x with continued investment and rebounding M&A activity in the industry.” To illustrate this point, the Keystone chart highlights the following sales:
• The sale of Casamigos Tequila for $1 billion (revenue multiple not specified) in 2017;
• The sale of Aviation Gin for $610 million (24x revenue) in 2020;
• The sale of Proper No. Twelve for $600 million (12x revenue) in 2021; and
• The Sale of Don Papa Rum for $180 million (12.5x revenue) in 2021.”
The window for UN to garner those multipliers was closed in 2021. Even then they couldn’t sell, because they were always a house of cards that couldn’t stand up to due diligence.
“At first blush, this may appear to lend support to the Weavers and Grant Sidney’s position. But there are at least two aspects of the Keystone chart that greatly limit its utility in determining Uncle Nearest’s enterprise value. First, while the Keystone chart identifies a revenue multiplier range for “[c]elebrity-owned and ‘storied’ spirits brands” generally, it does not state where, if at all, Uncle Nearest falls within this range.”
Side note- I still cannot believe Proper Twelve sold for $600m, but it was way outselling UN.
Without relying on Gemini, I can say that Luther is still right.
“Prior to the February 9 hearing, the Weavers and Grant Sidney represented they had “[a] recognized expert witness in the spirits industry” who “[was] prepared to provide testimony confirming that the value of the Uncle Nearest brand is no less than the multiple historically used in [Uncle Nearest’s] capital raises [i.e., 12.9x] and may be considerably higher[.]” The Weavers and Grant Sidney, however, never called this witness.”
I’m shocked, shocked I say.
“Second, the most recent sales identified in the Keystone chart are roughly five years old, and the oldest was almost a decade ago. Considering that spirits companies like Uncle Nearest are currently facing significant “headwinds
in the marketplace[,]” that no evidence suggests faced the companies refenced in the Keystone chart, it appears the sales identified by Keystone no longer reflect current market conditions. Thus, all the Keystone chart shows is that spirits companies other than Uncle Nearest sold for 12x to 24x their revenue under conditions that do not currently exist. This is of little to no use in establishing Uncle Nearest’s enterprise value as it exists today.”
In Fawntasyland (TM) facts don’t matter, just vibes.
“Having concluded that Uncle Nearest’s enterprise value is not properly calculated using a 12x to 13x multiplier as the Weavers and Grant Sidney claim, the Court now turns to what the proper multiplier range should be. The Receiver—who has been actively soliciting bids for Uncle Nearest’s assets—has concluded that a 2x to 4x revenue multiplier most accurately reflects Uncle Nearest’s enterprise value.”
Even this is INSANELY generous.
“As for Farm Credit, it does not claim that a specific multiplier or multiplier range applies to Uncle Nearest. Instead, it highlights several recent and publicly reported sales of spirts companies, noting that the revenue multipliers involved in those transactions ranged from 1.3x to 4.5x.”
Hi, I’m Farm Credit, are those Cheerios in your bowl? Gosh I have to go to the bathroom.
“Regarding the Receiver’s 2x to 4x valuation, the Weavers and Grant Sidney argue it does not accurately represent Uncle Nearest’s enterprise value because it was reached in the context of a liquidation or “fire sale” process that is likely to be accompanied by steep discounts Regarding the publicly reported sales identified by Farm Credit, the Weavers and Grant Sidney argue these transactions—and particularly the sale of Four Roses Distillery, LLC—are distinguishable on their facts such that their utility is limited.”
To even pretend to be in the realm of Four Roses is Ludacris (I know how to spell it.)
“The Court agrees with the Weavers and Grant Sidney on both points to an extent. Regarding the Receiver’s valuation, the Court agrees that, notwithstanding the Receiver’s herculean efforts, it is unlikely a sale realized as part of this litigation could command as high a price as Uncle Nearest might otherwise be able to achieve.”
Simple solution, don’t like the price? Don't wreck your company into receivership.
“Regarding the publicly reported sales of other spiritscompanies, the Court agrees that distinguishing facts limit their utility in establishing the proper revenue multiplier for Uncle Nearest. Thus, both the Receiver’s valuation and the sales identified by Farm Credit carry limited weight. That said, they still carry more weight than the evidence the Weavers and Grant Sidney rely upon to argue for a 12x to 13x multiplier.”
Valuation on this is no easy task. People I’ve spoken with have a wide range of what they think the company is worth. Anywhere from $0 to $55m, and these are not “haters” as The Keith likes to say. These are professionals who know something about things like this.
My work life has been rough of late. My free time has been restricted greatly. Nothing more than that.
“The Receiver’s valuation is the only evidence before the Court that actually calculates Uncle Nearest’s potential enterprise value. And the sales identified by Farm Credit may not be on all fours with Uncle Nearest, but they still provide a window into the current state of the spirits market that the Keystone chart lacks. Accordingly, both the Receiver’s valuation and the sales identified by Farm Credit are still valuable in determining Uncle Nearest’s enterprise value. Using this evidence as a foundation—while keeping its weaknesses in mind—and considering the other evidence in the record, the Court finds, for purposes of the Motion to Reconsider only, that Uncle Nearest’s enterprise value is properly calculated using a 2x to 5x revenue multiplier.”
While I think that’s high for a company that’s carrying $200m in debt, it is what it is.
“This results in an estimated enterprise value of $50 million to $125 million. Considering that Uncle Nearest’s total liabilities amount to roughly $208 million, the Court finds that Uncle Nearest is balance sheet insolvent under the enterprise value approach.”
I still believe $50m is the maximum value. I believe early on (and on the other update page) I think I felt $55m was about right, but those were halcyon days, and now I believe it’s under $30m. However, sucker money always has the potential to change things.
“Uncle Nearest is similarly balance sheet insolvent under the asset addition approach. As an initial matter, the evidence showing the collective value of Uncle Nearest’s assets is scant. Only the balance sheet filed by the Receiver provides a figure for the total value of Uncle Nearest’s assets, and the Court declines to give this figure any weight for the reasons described. Thus, if the Court is to find the total value of Uncle Nearest’s assets, it must add them up on its own just as it did for Uncle Nearest’s total liabilities.”
Folks, the Judge Math (TM) will not disappoint.
“ This task is complicated by the fact that the Weavers and Grant Sidney have not directed the Court to evidence establishing the separate values of all of Uncle Nearest’s different assets. Instead, they focus their attention on three assets: (1) the Nearest Green Distillery, which they contend is worth $70.4 million; (2) Uncle Nearest’s filled whiskey barrels, which they contend are worth $81.2 million; and (3) the filled whiskey barrels underlying the Advanced Spirits forward contract, which—based on the Weavers and Grant Sidney’s assertion that these barrels offset the liabilities imposed by the contract—the Court presumes the Weavers and Grant Sidney contend are worth at $45 million.”
Folks, The Weaver’s claim that a glorified gift shop is worth 70,000,000 US AMERICAN DOLLARS. Even Hi Kate! could NOT.
“Assuming the Weavers and Grant Sidney are correct as to the value of the foregoing assets, they would be worth roughly $196.6 million. Adding $2.6 million to this total based on the recent appraisals of Uncle Nearest’s Martha’s Vineyard property, Uncle Nearest would have approximately $199.2 million in assets.21 This would leave Uncle Nearest roughly $8.8 million short of solvency. The Weavers and Grant Sidney also assert that Uncle Nearest’s property in Cognac, France has a value of at least $2 million. But as the Weavers and Grant Sidney have not introduced any evidence supporting this assertion, the Court declines to consider it in its asset analysis.”
Assuming With The Weavers coming soon to Bravo.
“The Court recognizes Uncle Nearest has other assets that could lessen or potentiall eliminate this shortcoming. But the Weavers and Grant Sidney have not directed the Court to any evidence tending to show the value of these other assets, and the Court cannot simply speculate they add up to the $8.8 million the Weavers and Grant Sidney need to establish solvency. Thus, even assuming the Weavers and Grant Sidney’s proffered valuations of the different assets are correct, Uncle Nearest is still balance sheet insolvent under the asset addition approach.”
Free the horses!!!
Folks, I have to end this update, but I’m going to do it with ONE HELL OF A TEASER-
“This insolvency is further established by the fact that the Weavers and Grant Sidney have failed to show that their proffered valuations of the Nearest Green Distillery and the filled whiskey barrels are correct. To show the Distillery is worth $70.4 million, the Weavers and Grant Sidney rely on (1) a July 7, 2025, letter of intent outlining a proposed sale-leaseback transaction involving the Distillery and (2) Fawn Weaver’s testimony that—based on the letter of intent, the Distillery’s operational performance, and other pre-receivership negotiations—she believes the Distillery’s fair value exceeds $70.4 million. The Court does not find this evidence indicative of the Distillery’s value.”
Recall that in July of 2025, “negotiations” with the bank were heated. UN hadn’t defaulted once, but at least twice with Farm Credit. They’d already renegotiated the first default, and The Weaver (TM) was furiously trying to raise capital (remember, they’re insolvent). They got the Jay Z money, and were considering a calamitous move of selling the land that UN owned to raise capital, only to lease it back (further encumbering a company already without a sound financial backing). Everything was being extracted from this company. It was being saddled with debt on top of debt, always reliance on the next fund raise. Did you know that there were talks about buying Ciroc? Of all the things in this case that have left me dumbfounded, the sale-leaseback would have taken the cake.
People don’t care about the confidence. They care about the stolen money.
UPDATE 6/2 #2-
Let’s tackle the first block of the sixty-two page ORDER from a few days ago.
“Before the Court are Defendant Fawn Weaver, Defendant Keith Weaver, and Non-party Grant Sidney, Inc.’s “Motion to Reconsider the Memorandum Opinion and Order and Order Appointing Receiver and to Stay Access to Proprietary Information” and Receiver Phillip G. Young, Jr.’s “Motion for Clarification of Receivership Order” which the Court construes as a motion to expand the receivership. For the following reasons, the Motion to Reconsider is DENIED, the Motion for Clarification is GRANTED IN PART and DENIED WITHOUT PREJUDICE IN PART.”
There is a lot to unpack just with this paragraph, and the judge will take sixty-one pages to do just that. Essentially, the receiver stays in place. Remember when Fawn went online and said the receivership was over and I got that message from probably Madea Cat saying he’d love to see the look on my face? Yeah, that was funny stuff. I’d love to see the look on his face….
BACKGROUND
“The Court held a hearing on Farm Credit’s motion on August 7, 2025.. At this hearing, Keith Weaver and counsel for Uncle Nearest each conceded that Uncle Nearest was in default under the July 22, 2022, Credit Agreement.”
“Considering this, the arguments and evidence presented at the hearing, the parties’ written submissions, and the other materials in the record at the time, the Court determined a receivership was necessary to protect Farm Credit’s interests.”
“Accordingly, the Court granted Farm Credit’s motion and directed the parties to submit additional briefing regarding who should be appointed to serve as Uncle Nearest’s receiver.”
“Farm Credit proposed two candidates, and the Defendants proposed one. Ultimately, the Court appointed the Defendants’ proposed candidate, Phillip G. Young, Jr., of Thompson Burton, PLLC.”
It tickles me no end that everyone keeps reminding The Weaver (TM) that she picked Cap’N Phillip.
“Much has happened since then, not all of which bearing mentioning at this time. For purposes of this Memorandum Opinion and Order, it is sufficient to say the Receiver filed the Motion for Clarification on September 12, 2025, asking the Court to clarify whether it intended to include Uncle Nearest Real Estate Holdings, LLC and ten additional entities in the scope of the receivership.”
This judge is building his case to be included as an official National Treasure with his comments.
“As for the ten additional entities, the Receiver noted that each appeared to be somewhat related to Uncle Nearest, Inc., but he took no position regarding whether any of them should be included in the receivership.”
“After each of the ten additional entities responded to the Motion for Clarification,, the parties—in a collaborative spirit that has long since vanished from this case—jointly moved for the entry of an agreed order staying further proceedings concerning the Motion for Clarification until such time as the Receiver completed a consented-to review of the additional entities’ bank records and either (a) advised the Court he was withdrawing the Motion for Clarification or (b) requested a post-review hearing on whether one or more of the additional entities should be included in the receivership.”
Again with the judges comments. No notes lol.
“This review wrapped up towards the end of December 2025. As the Receiver was finalizing his position on the Motion for Clarification, the second motion currently before the Court was filed. Specifically, Fawn Weaver, Keith Weaver, and Grant Sidney, Inc. (one of the additional entities and the holding company through which Fawn Weaver owns her shares of Uncle Nearest, Inc., filed the Motion to Reconsider on December 23, 2025, asking the Court to end the receivership of Uncle Nearest.”
As the receiver was trying to go through the accounts he was provided (many were omitted) The Weaver (TM) realized was not a rube and she needed to get his curious ass out.
“A few weeks later, the Receiver (i) notified the Court he was withdrawing the Motion for Clarification as to three of the additional entities,4 (ii) notified the Court he was now actively the inclusion of the seven remaining additional entities in the receivership estate,5 and (iii) requested that, in light of the foregoing, the Court set the Motion for Clarification for hearing.”
I recall this being a bonafide “oh shit” moment when he filed that.
“The Weavers and Grant Sidney requested an expedited hearing on their Motion to Reconsider shortly thereafter.”
Now they REALLY wanted him out.
Things Fawn says on Social Media live on forever….. we do not forget.
“The Court set both motions to be heard on February 9, 2026.. The February 9 hearing began with evidence and argument directed primarily at the Motion to Reconsider. Unfortunately, and despite the parties’ best efforts, this consumed the entire day.”
I wonder which party talked a lot.
“As the hearing wore on, the Receiver, recognizing the situation, withdrew his request for a hearing on the Motion for Clarification and stated he was comfortable having his motion resolved on the papers.”
I’m going to run this through the Judge Translator in just a moment. But remember when Fraud Weaver said the receiver didn’t cross examine and what not? Translation- The Receiver, not being a complete dimwit, realized that Fawn was going to talk all damn day, and keep saying “declining sales” and blaming him for it, said fuck it, I’ll just file stuff so I can go home and see my family, because she will never, ever, ever stop bloviating.
“Considering this and other developments during the hearing—including Fawn Weaver stating she had relevant evidence that she could produce once she had access to an electronic device, —the Court ordered the parties to submit supplemental briefing relating to both the Motion to Reconsider and the Motion for Clarification. The Court has since received this supplemental briefing, and both the Motion to Reconsider and the Motion for Clarification are now ripe for review.”
There are sooooo many other developments to discuss, and the judge does.
With a little luck she might get to meet her in person.
LAW AND ANALYSIS
“The Court will begin with the Weavers and Grant Sidney’s Motion to Reconsider, addressing why it is necessary for Uncle Nearest to remain in receivership. Then, the Court will turn to the Receiver’s Motion for Clarification, explaining why the receivership will be expanded to include Grant Sidney, Inc. but will not be expanded to include any of the other six entities at this time.”
Pay close attention to the use of the phrase “at this time.” It’s deliberately included by the Judge.
Motion to Reconsider
“Fawn Weaver, Keith Weaver, and Grant Sidney ask the Court to end the receivership of Uncle Nearest. Though they style their motion as one for reconsideration, the Weavers and Grant Sidney do not seek to relitigate the Court’s August 2025 decision to appoint a receiver. Rather, they argue circumstances have materially changed since the Receiver was appointed that render the continuation of the receivership inappropriate.”
They can’t relitigate because they still owe the bank all that money with no way to repay it. As the judge will lay out with Judge’s Math (TM).
“In evaluating whether there has been such a material change, the Court looks to the same equitable factors it considered when it originally decided to appoint a receiver. As a reminder, these factors are:”
“Whether the property at issue is in imminent danger of being lost, concealed, injured, diminished in value, or squandered;”
It is, it is, it is, it is, and it has.
“Whether the Defendants have engaged in fraudulent conduct;”
They have.
“Whether legal remedies are inadequate;”
They are.
“Whether less drastic equitable remedies are available;”
There are not.
“The likelihood that the appointment of a receiver would do more good than harm;”
It would not.
“Whether there is inadequate security for the debts; and”
There is not.
“Whether the debtor is insolvent.”
There is insolvent, and then there’s UN Insolvent.
“This change in the question before the Court has another, more substantive effect; it shifts who bears the burden.When Farm Credit filed its Emergency Motion for the Immediate Appointment of Receiver, it bore the burden of establishing—through the lens of the foregoing factors—that a receiver was necessary to protect its interests.”
This is called setting the table.
“Now that Farm Credit has met this burden, [see generally Doc. 32], the continuation of the receivership is the status quo. To justify its termination, the Weavers and Grant Sidney must “demonstrate significant changes in fact, law, or circumstance since the previous ruling.”
But but but JUDDGGEEEEE, sales are declining! You can almost hear her saying it can’t you? I’ll bet poor Justin hears it in his sleep.
“The Weavers and Grant Sidney have failed to meet this burden.”
So many fails for the FAIL CEO.
Uncle Nearest is insolvent by a considerable margin.
“The Court will begin its analysis by examining Uncle Nearest’s solvency as solvency is one of “the most important factors” when evaluating the appropriateness of a receivership.”
“[T]here are two principal definitions of insolvency: (1) balance sheet insolvency [and] (2) cash flow insolvency.”
“Balance sheet insolvency looks to whether the fair value of a company’s assets exceed its liabilities while cash flow insolvency asks whether a company can pay its debts as they come due in the ordinary course.”
“Uncle Nearest is insolvent under both definitions.”
The Judge said this, not the receiver, the Judge. IN a court order.
Are you all ready for Judge Math (TM)?
“Starting with cash flow insolvency, the record reflects that Uncle Nearest has experienced continual difficulty in paying its debts as they come due in the ordinary course since before the receivership began.”
You know, like all successful businesses.
“As of June 12, 2025, Uncle Nearest owed $11,597,565.56 to various entities.”
“Of this amount, more than $10.5 million was owed on past due debts with over $7.7 million being more than ninety days past due.”
“This inability or unwillingness to pay outstanding obligations suggests Uncle Nearest was cash flow insolvent in the months leading up to the receivership.”
“Admittedly, the weight of this evidence is somewhat undercut by the fact that it appears Uncle Nearest had reached agreements with certain vendors to allow for delayed payments.”
“But while this may lessen the evidence’s weight, it does not eliminate it, particularly where Uncle Nearest failed to reach such an agreement with every one of its vendors despite Fawn Weaver’s testimony to the contrary.”
“During the February 9 hearing, Fawn Weaver testified that “[a]t the time that the receivership began, the reason why there were no lawsuits by any of [Uncle Nearest’s] creditors, including [Uncle Nearest’s] payroll company, is [Uncle Nearest] had made arrangements with every single one…” (emphasis added)]. In a post-hearing declaration, Fawn Weaver walked this assertion back, stating instead that “[a]lthough [Uncle Nearest] had a few pending disputes with vendors, it had in place agreements with its key vendors prior to the Receivership.” Fawn Weaver does not identify the “disputes” she is referring to, but based on the Receiver’s testimony, it appears that at least one of them is Billips, LLC v. Uncle Nearest, Inc., which is currently pending in the United States District Court for the District of Oregon.”
“Furthermore, it does not appear the agreements Uncle Nearest was able to reach with some of its vendors materially improved its cash position as cash flow forecasts and actual cash flow data from the pre-receivership period show the company was hemorrhaging money.”
Siri, what does hemorrhaging mean? As a verb, it means to lose a truck load of money.
“In February 2025, Uncle Nearest’s then financial advisor, the Keystone Group, prepared a restructuring plan that indicated Uncle Nearest would lose approximately $2,844,000 between the week ending February 14, 2025 and the week ending May 9, 2025, absent (1) a $2.5 million cash infusion by the Weavers, (2) $20.4 million in cash proceeds from special barrel sales to “Q & Cask,”10 and (3) Farm Credit deferring Uncle Nearest’s April 1, 2025, principal and interest payment.”
Recall dear readers, that Quill and Cask was owned by The Keith.
“Cash flow forecasts prepared by Uncle Nearest over the next several months followed a similar course, typically projecting that Uncle Nearest’s operations would cost the company more money than it would make.”
This only works long term if you keep finding new investors to fleece.
“(projecting Uncle Nearest’s cumulative net operational cash flow would be roughly negative $6,788,000 between the week ending May 16, 2025, and the week ending August 8, 2025, for an average weekly loss of $522,153.85);”
Flying to ATL to get your hair done is expensive it seems.
“Now, as someone caught in the rain without an umbrella will tell you, forecasts are not always accurate.”
National Treasure nomination is secured.
The thank you tour is canceled? Fawn posted this not long ago.
UPDATE 6/2-
It’s got to be strange to be unemployed and holding a bag of worthless shares, and a receiver you picked, and cannot stand, now looking at your books for your other poorly run company. Anyway, let’s get to Judge Catchley’s court order that I tried to tackle and lost all those hours of work. These will be coming in chunks over the next few days, so please bear with me.
Couple of quick hits first-
Michael Collins has withdrawn as co-counsel in The Weaver (TM) lawsuit against Farm Credit. Not the Farm Credit vs. Uncle Nearest. Or maybe he’ll dip out there too. Johnson remains.
How do you get fired on your day off? I hope Felicia doesn’t try to borrow their VCR.
I cannot take credit for CATchely.
There is a case number for the Sixth Circuit that The Weaver (TM) appealed the ORDER to include. Some early submissions are due by June 15. If the deadline is missed, it will be dismissed. Don’t worry, CatGPT is on it.
Cap’N Phillip filed to have the bankruptcy appeal dismissed.
“On March 19, 2026, the United States Bankruptcy Court for the Eastern District of Tennessee (the “Bankruptcy Court”) entered an Order granting two motions to dismiss the bankruptcy case (the “Order”).
On March 20, 2026, the Appellant filed its Notice of Appeal (the “Notice of Appeal”).
On April 29, 2026, the Clerk of the Bankruptcy Court filed the Transmittal of Record on Appeal to the United States District Court (the “Transmittal”).For clarity, and as the Bankruptcy Court properly found, only the Receiver has authority to act on behalf of Uncle Nearest, Inc. Therefore, it is a procedural anomaly that Uncle Nearest, Inc. is listed as the Appellant herein. Bankruptcy Rule 8018 governs the timing of filing briefs in a bankruptcy appeal. More specifically, Bankruptcy Rule 8018(a)(1) provides: “The appellant must serve and file a brief within 30 days after the docketing of notice that the record has been sent or that it is available electronically” (emphasis added).Applying Bankruptcy Rule 8018 to this matter, the Appellant’s brief was due on May 29, 2026. It was not filed by that date.”
Just a lil’ oopsie.
“Instead of filing the appellant brief, as required by Bankruptcy Rule 8018, the Appellant spent the intervening weeks filing a host of other pleadings, including: Emergency Motion to Expedite Appeal Pursuant to F.R.B.P. 8013(b), and in the Alternative, for Certification of Direct Appeal to the Sixth Circuit Pursuant to 28 U.S.C. § 158(d)(2) (Docket No. 19); Debtor’s Motion to Strike or, in the Alternative, Set Aside the Bankruptcy Court’s Supplement Memorandum Opinion Emergency Motion to Preserve the Status Quo Pending Appeal and a new appeal in a related case.”
All that time spent flooding the zone with garbage, and she missed the most important one. A big lil’ oopsie.
“Bankruptcy Rule 8018(a)(4) contains the consequences for failure to timely file an appeal brief: “If an appellant fails to file a brief on time or within an extended time under (a)(3), the district court or BAP may – on its own after notice or on the appellee’s motion – dismiss the appeal.” Pursuant to Bankruptcy Rule 8018, this Court should affirm the decision of the Bankruptcy Court and dismiss this appeal for Appellant’s failure to abide by the timelines established by the Bankruptcy Rules. “
Folks, wouldn’t it be funny if The Weaver (TM) somehow blames Cap’N Phillip for not filing it on her behalf since he exclusively represents UN.
“In this case, dismissal of the appeal at this juncture is not a draconian result. The appeal, on its face, lacks merit. This appeal was filed despite a lengthy, and well-authored, memorandum by the Bankruptcy Court which cited over a dozen cases that mandate the result reached by the Bankruptcy Court. WHEREFORE, the Receiver respectfully requests that the Court affirm the decision of the Bankruptcy Court, dismiss this appeal, with any costs taxed to the Appellant, and grant all other related and necessary relief. Dated this 1st day of June, 2026.”
All the judges are spending a lot of time being “well authored” because they KNOW how Fawn and her Temu lawyers will act up.
Johnson, on behalf of The Weaver (TM) filed shortly thereafter, possibly learning of the missed deadline from Cap’s filing, and asked for an extension.
The Court then issued an order this morning.
“ Before the Court is Appellant’s “Emergency Motion to Expedite Appeal Pursuant to F.R.B.P. 8013(b), and in the Alternative, For Certification of Direct Appeal to the Sixth Circuit Pursuant to 28 U.S.C. § 158(d)(2)” [Doc. 19]. For the following reasons, the Motion [Doc. 19] will be DENIED.”
Oh noesssssss.. The bankruptcy appeal is denied.
“On December 23, 2025, Fawn Weaver, Keith Weaver, and Grant Sidney, Inc. moved to terminate the receivership, arguing, among other things, that the receivership was harming Uncle Nearest. The Receiver and Farm Credit each promptly moved to dismiss the petition, arguing, among other things, that Fawn Weaver lacked authority to file it. [See Docs. 20-2, 20-3]. The Bankruptcy Court agreed and dismissed the petition from the bench.”
Kitten Kelli was TOLD during this hearing in no uncertain terms that they didn’t have the authority to do this, and then the Judge detailed her order extensively to remove all doubt. Kitten Kelli’s firm understood that the long shot was over. The Weaver (TM) did not.
Appellant has failed to show that its appeal should be considered on an emergency, expedited basis.
The Court will deny Appellant’s request that its appeal be heard on an emergency, expedited basis.
Appellant has failed to articulate why this matter should be certified for direct appeal.
“For the foregoing reasons, Appellant’s “Emergency Motion to Expedite Appeal Pursuant to F.R.B.P. 8013(b), and in the Alternative, For Certification of Direct Appeal to the Sixth Circuit Pursuant to 28 U.S.C. § 158(d)(2)” is DENIED.”
This is Johnson & Johnson’s first L. Won't be the last.
“Additionally, the Court hereby NOTIFIES the parties that it will address Appellant’s “Motion to Strike or, in the Alternative Set Aside the Bankruptcy Court’s Supplemental Memorandum Opinion Dkt. Ent. 72” [Doc. 23], the Receiver’s “Motion to Dismiss Appeal” and Appellant’s “Motion to Extend Time to File Appellant’s Brief Nunc Pro Tunc to June 1,
2026” alongside the merits of the appeal.
SO ORDERED.”
Seems it could still proceed, but just not expedited? Should be a moot point anyway, as the same judge just ordered inclusion.
Fortunately this nonsense is all coming to an end.
UPDATE #2 6/1-
The speculation on the buyer is running high, and there are some pretty interesting angles being suggested.
Here are some other potential buyer groups-
Vista Equity Partners?
Ariel Investments?
Grain Management?
Fairview Capital Partners?
HarborView Equity Partners?
Burger King?
Guaranteed it isn’t the Sacks.
Fawntasyland is a strange place.
UPDATE 6/1-
Heya everyone. Sorry for the absence. I did about 6.5 hours worth of updates last week, only to have my power go out and I lost all the work. I will break down the Order starting tomorrow, and next week I’ll get to the transcripts from the hearing. Today is a bunch of quick hits.
There is a non-binding buy it all offer that Cap’N Phillip has entered into. You can read more about that here.
There are rumors swirling that Victoria might be out, but with the news that the potential buyer is a black owned group who knows what will happen?
The internet really thinks Jay Z is the buyer, and while that would be a delicious payback for someone who had $20,000,000 snatched out of his wallet, I don’t know that we get this.
Could it be the insurance mogul? Like a good neighbor UN could be in good hands.
Could it be Juniors kids? You know, the owner of Ebony and Jet and close pal pals with The Weaver (TM)?
Could it be the BroFundMe's?
Could it B Michael Jordan?
Would it be so ironic that it was Madea himself?
The Shelbyville house was purchased by Kai Pineda’s father.
Humble Baron hosted the Black Rodeo afterparty. Hopefully the workers got paid what they were owed.
A lawsuit is coming for First Dominion and John Eugster. Stay Tuned.
Rumors also swirling that Fawn and Keith are out. Please understand this is a rumor as of this writing, but my DM’s haven’t stopped.
It’s possible that if the buyer is a friendly, that Fawn maintains her CEO’ship, but hear me out, you’re buying a company that this lady WRECKED, do you really keep her on? I just can’t get there, but you know what? People do dumb things on the daily, so maybe this happens.
The offer is for UN, NGD, and UN Real Estate Holdings.
Grant Sidney would remain under receivership (ahem), and the bet is that bankruptcy is filed afterwards and all the remaining assets, like the vaporware Cognac, would get liquidated.
Investors are about to get wiped out. Most of them realized this long ago, but held a tiny thread of hope when the company went into receivership.
Sale is expected in 45 days.
Somehow Hi Kate (TM) is keeping her job, even though the receiver flat out said she cooked numbers in her reports to him.
None of this will have any impact on the Federal Investigation, and get this, the timing is about right for the Menos trial to go forward.
Fawn and Keith will face a lot of their spare time in courts for the foreseeable future.
Waiting on the judge was like this…….
UPDATE #2 5/26-
What lousy timing this judge has. Work is nuts, my free time is limited. I’m dog sitting. The cat colony has expanded. Anyway, Inclusion of Grant Sidney was ordered today. The receivership remains, as The Weaver (TM) works on her prison bod, and her lifestyle brand.
It’s a sixty-two page order from the judge. I’ll break that down Thursday, it’s a bonafide DOOZY (TM).
While the judge left the door open to possible inclusion of the other Tentities (TM), it’s not that important really, Grant Sidney is the Rosetta Stone of the operation. It’s the crown jewel. It’s where the bodies are buried. This is a very very big deal.
Judge orders that are sixty-two pages are not that frequent. We now know why it took so long. This judge methodically set fire to Fawn’s nonsense.
Now, something else happened at 9pm central time. A filing was made by the receivership. The image is below, and it’s the 2nd Doozy of the day, but probably the most important.
Federal Investigation. Not state, Federal. Which one? Well, could be IRS, DOJ/FBI/SEC/ABC123?
The Weaver (TM) will probably say it’s about Senzaki, but folks, I’ve been saying this a very long time now, this is the most important thing about the entire affair. Fraud. This is a very big big deal, and her attorneys are not up to the task of a receivership/bankruptcy case, can’t wait to see what Temu defense lawyer she retains. I wonder if Kitten Kelli is still interested.
That statue looks awfully familiar. A duplicate? A replica? Hmmmmm…. Either it, or a version of it, is in the Lakehouse now.
UPDATE 5/12-
Happy Hearing Transcript Release Day to all who celebrate. While they aren’t out as of this posting, they will be at some point, and I’m very much looking forward to reading them. I’ll share with you as soon as I get my hands on them and can stop working my real job. Anyway, late last night Cap’N Phillip filed a notice regarding That Damn House (TM). It’s quick and easy.
“On February 25, 2026, the Receiver filed an Expedited Motion to Sell Real and Personal Property in Martha’s Vineyard (Doc. 147) (the “Sale Motion”), in which the Receiver sought permission to sell the Property and its furnishings to a third party for $2,595,000. On March 5, 2026, Grant Sidney, Inc., Fawn Weaver, and Keith Weaver (collectively the “Respondents”) objected to the relief sought in the Sale Motion by filing their Response in Opposition to the Receiver’s Expedite Motion to Sell Real and Personal Property in Martha’s Vineyard.”
Oh they objected alright. Did they ever.
“On March 16, 2026, the Court entered an Order which prescribed a process by which it would appoint three disinterested real estate appraisers to appraise the Property to ensure that the proposed sale price is at least 2/3 of the appraised value of the Property. After a series of filings by the Receiver and the Respondents concerning the identification of the three independent appraisers the Court entered an Order on April 14, 2026, appointing three appraisers to appraise the Property: Bill Cleary of Martha’s Vineyard Real Estate Appraisers; Tom Garrahan of Thomas Garrahan Appraisals of Cape Cod; and Neil Maloney of Hartel Realty. The Court directed the Receiver to gather the three appraisals and to submit them to the Court on or before May 13, 2026.”
Know who doesn’t fart around taking their sweet ass time? Receivers and Appraisers.
“Attached hereto as collective Exhibit A are the three Court-ordered appraisals. As the Court will see, all three appraisals valued the Property at $2,600,000. Therefore, the proposed sale price of $2,595,000 is 99.8% of the appraised value reached by all three Court-appointed appraisers. WHEREFORE, the Receiver renews his request that the Court grant his Sale Motion and approve the sale of the Property. Dated this 11th day of May, 2026.”
Since the potential buyers are “known” to The Weaver (TM), I wonder if she will object?
Looks like Cap has his ducks in a row, now we wait for the judge. Oh wait, we already were.
#clearancetheshelves is in full swing.
UPDATE 5/6-
Quick hits today, I’ve got a very long workday coming up. A few days ago, Farm Credit and Cap’N Phillip filed a response in opposition to the bankruptcy case expedited appeal.
There’s not a lot of new material to go over, but in the response in opposition filing, the transcripts from the bankruptcy hearing were included. Good times. I’ll go over the interesting stuff quickly, because mostly it was the judge quoting so much case law that supported her very emphatic “DISMISSED.” Demetra Cat was there, and she was quick and to the point. Justin (the receivers representative) did some heavy lifting, Kitten Kelli got flustered, and it was over in an hour.
THE EMERGENCY MOTION CONTRADICTS THE TESTIMONY OF FAWN WEAVER
“Appellant’s sudden, urgent need for filing a Chapter 11 petition is directly contradicted by the February 9, 2026, testimony of the individual who signed the unauthorized petition, Fawn Weaver.”
Nothing worse than getting contradicted by your very own doppelgänger
“At the hearing before this Court on the Motion for Reconsideration of the Receivership Order, Ms. Weaver testified that counsel had previously recommended a Chapter 11 filing, but that she “did not consider it” because the equity would be “wiped out.”
Imagine ignoring counsel so many months ago, only to then take that advice, embarrass yourself on social media by declaring the receivership over, only to be back in court begging the court to let you wipe out your own company.
“A Chapter 11 filing would still “wipe out” the shareholders. If she was not willing to pursue bankruptcy relief for Uncle Nearest, Inc. before, why now is a filing so urgent? Ms. Weaver has testified that she would take no action that would adversely impact the shareholders (including herself and her family members) of Uncle Nearest, Inc.; therefore, it appears likely that the bankruptcy case that she now attempts to resurrect is little more than a delay tactic.”
Not the “including herself and her family members” part! Shots fired.
APPELLANT MISUNDERSTANDS THE BANKRUPTCY ORDER WHICH IT IS APPEALLING
“The Appellant asserts to this Court that somehow its constitutional or federal rights are being infringed by the dismissal of the unauthorized bankruptcy filing. Appellant accuses the Bankruptcy Court of interpreting the Receivership Order as precluding Uncle Nearest, Inc. from filing a bankruptcy case. That simply is not the case. The Appellant is either attempting to mislead this Court or it simply does not understand the Bankruptcy Court’s ruling.”
This is the greatest current problem of using CatGPT (TM). It dabbles in sycophancy, fails to challenge you, and generally just tells you what you want to hear. Misunderstandings can happen when the user of AI is delusional, and AI reinforces those things.
“Rather, the Bankruptcy Court found that the Receivership Order vested the Receiver with the exclusive authority to authorize and file a bankruptcy case on behalf of Uncle Nearest, Inc. The Bankruptcy Court found that the Receivership Order divested Fawn Weaver of any right or authority to sign and authorize a bankruptcy filing. In other words, the Receivership Order did not forbid Uncle Nearest, Inc. from filing for bankruptcy protection, but rather dictated who had the authority to make that decision on behalf of the company.”
I’m betting the former CEO is really unhappy working from home with not much to do other than jump rope, review restaurants, and not even market her products.
“Appellant should be aware of this distinction. Appellant’s own counsel conceded this point at the Bankruptcy Court hearing on the Motion to Dismiss. In an exchange with the Bankruptcy Court, Appellant’s counsel acknowledges that Fawn Weaver did not have the authority to authorize the bankruptcy petitions.”
THE COURT: -- say it does. Does it? It doesn't. In fact, the receiver has the authority -- the, the debtor is not divested. The debtors are not divested of authority to file the bankruptcy case. That authority is in the receiver.
MS. HOLMES: Your Honor, the exclusive authority to file a bankruptcy was not divested. The exclusive authority -- I, I do understand what you're saying, but --
THE COURT: But, but what I'm saying, what I'm asking you to acknowledge or not, and explain, if your answer is no, the receivership order does not preclude these debtors from being in bankruptcy, is that right?
MS. HOLMES: That's correct.
Why yes, I am keeping count.
Now for some other interesting things from the transcripts.
JUSTIN- “Your honor, this is a Hail Mary by Ms. Weaver to try to get an end around around Judge Atchley's receivership order. We were here five weeks ago upstairs in front of Judge Atchley for a seven-hour hearing on whether or not to remove the receiver or, well, reconsider the receivership order and a motion to extend the receivership to, to other entities. We, we believe that the, that Judge Atchley was, understood our argument, and we think this is another end around just to get around that. Judge Atchley is still ruling. We've got, we had some post brief, post-hearing briefing to do. And so Judge Atchley, I think, is still working on his briefing.”
Hail Mary, end around, and oh there were post hearing briefings?
“But that's all this is, your Honor. It's forum shopping. It's an attempt to step around the receivership.”
All The Weaver (TM) has left are copium based arguments.
“So at its core, your Honor, Ms. Weaver can't open a bank account for the company. She can't sign a check for the company. She can't file a tax return for the company.”
Even when she was CEO she apparently couldn’t file a tax return for the company.
“The receiver's getting calls from employees, from creditors. Who's in charge? We don't know. Who's, who do we take orders from? We don't know. If, if this goes forward and they don't get cash collateral, there's no payroll on Monday. They're not making payroll on Monday. And this thing's cratering.”
This is why this isn’t about control of the company and returning it to a going concern. It’s about personal protection, and nothing more.
“I think it's no secret that the receiver may ultimately need to file a bankruptcy at some point for these companies to, to run a potential sale through a 363 situation to cleanse it. But we're not there. We, we haven't, we haven't finalized a stalking horse. There's too many moving parts, too many variables at this point to try to shoehorn the receiver.”
Everything is on the table.
Enter Demetra Liggins for Farm Credit.
“The receivership order did not just divest Uncle Nearest with the ability to go into bankruptcy. The order is just clear about who can put Uncle Nearest into bankruptcy. And we believe that only the receiver has that ability. We are the party that sought the receiver back in August, but Mr. Young was the choice of the debtors.”
Stone cold reminder that The Weaver (TM) picked Cap’N Phillip.
“And to date, there's been no allegations that he has operated or managed the prop, or, or managed the company improperly. Instead, what we have had are many iterations of wanting a do-over. And I think that this is the latest do-over. We had a receiver put in place. Then we had a motion for reconsideration. We had a, like he said, a seven- hour hearing on the reconsideration.”
Cap is pretty fair from all accounts.
“We're in the middle, or the receiver's in the middle of a sale process. It will confuse the buyers. It will set us back months. We will lose all types of money and time and resources.”
In all fairness to Demetra Cat, any buyer of this company is by definition, already confused.
“There is also no dispute that we are the first lienholder. We have a lien on substantially all of the assets. So all operations and first day motions, they will require use of cash collateral and that, we have a lien on cash collateral and we have not consented to the use of cash collateral. We have not even been contacted about if we would even provide any consent or any terms.”
Either The Weaver (TM) hasn’t considered this point, which again showcases her incompetence, ineptitude, and clownfooolery, or she knows this, or she has suckers lined up to fund her if the hail mary worked.
“You will note, your Honor, there were no resolutions attached to the petition. I think one of the reasons you'll see that there were no resolutions is they don't have the ability to sign any resolutions because all of that authority belongs to Mr. Young.”
ouch!
Kitten Kelli was up after that, and the judge pretty much gave her a wet newspaper to the beak. I’ll spare you, and her the embarrassment.
Justin had a few more things to say, and you can practically hear the exasperation via the words he used.
“The only thing I wanted to point out to the Court is this argument about sales dropping. Judge Atchley heard that for seven hours. That's what we talked about for seven hours, was the sales dropping, the sales dropping. I would like to remind the Court that through the entire receivership, the receiver hasn't missed payroll. The receiver has stabilized the company. The receiver has settled down all of the stormywaters that had occurred prior to the receivership.”
The transcripts release next week from that hearing, and there will be a “sales dropping” counter.
We saw it before it was deleted. So weird.
UPDATE 5/2-
As The Weaver (TM) drives to the distillery today, presumably to make nice nice (and keep her points) with Delta Airlines who is visiting, her attorney Michael Collins did some filing in the upcoming Menos case against Fawn Weaver. It’s got some potential relevance to the Bank case, so I’ll report on it below. But first, did you see the jump rope video before it was removed? So freaking strange and awkward, someone is missing the dopamine hits and is becoming more and more thirsty, but I guess it was even too weird for her to leave up or perhaps the nipple slip caused it to be flagged. Anyway, I’m off today, and Jazz fest is in full swing (so I’m staying inside), and I’ve got my pint of cold brew ready to go.
Warning, there will be a lot of “WHEREAS” in this filing. So many.
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK
“WHEREAS, Melissa C. Rodriguez, Hanna E. Martin, and Elisa C. Egonu of Morgan, Lewis & Bockius, LLP, previously represented Defendant Fawn Weaver along with Defendant Uncle Nearest, Inc., in this matter; and”
I wonder if they got paid.
“WHEREAS, Ms. Rodriguez and her co-counsel were conflicted in continuing to represent Ms. Weaver in this matter as a result of Uncle Nearest, Inc., the co-Defendant, being placed in receivership by the U.S. District Court for the Eastern District of Tennessee, in Farm Credit Mid-America, PCA v. Uncle Nearest, Inc., Fawn Weaver, et al., Case No. 4:25-cv-38 (the “Receivership Action”) and their firm’s continued representation of that entity; and”
Conflicted…. because they were owed like $40 grand. Yup. I’d be conflicted too.
“WHEREAS, on October 3, 2025, the Court entered an Order to show cause requiring the Defendants to address whether the stay granted in the Receivership Action caused the proceeding in this Court to be stayed as to Ms. Weaver; and”
The Weaver (TM) played cute here and tried to use the stay to shield her in this case. Another reminder of the troubles she would face if the receivership was ended. She doesn’t want the receivership, but she sure loves using it as a shield.
“WHEREAS, on October 17, 2025, Michael Collins of Manier & Herod, P.C., who represents Ms. Weaver in the Receivership Action, was substituted in as counsel for Ms. Weaverand thereafter filed a response to the Show Cause Order asserting Ms. Weaver’s position that the Receivership stay did also stay this case as to Ms. Weaver; and”
Collins, who specializes in INSOLVENCY cases, but The Weaver (TM) says they’re not insolvent. Can’t make this up.
“WHEREAS, the Court determined that the stay issued in the Receivership Action did not stay this case as to Ms. Weaver; and”
lil oopsie.
“WHEREAS, Ms. Weaver has since engaged in a search for suitable alternative counsel to represent her in this employment matter because Mr. Collins specializes in insolvency law and is not experienced in employment litigation matters; and”
I can’t imagine that the former CEO of Uncle Nearest has had so much difficulty finding a lawyer or two to defend this case.
Fun fact- This is The Weaver (TM) favorite piece of art that she moved to the Lake House. It’s ok I guess.
“WHEREAS, as a result of complications stemming from the Receivership Action, the search for suitable substitute counsel for Ms. Weaver in this matter has taken longer than anticipated; and”
Perhaps Kitten Kelli is available? Oh right. She’s not. Also, those complications, could it mean that she can’t use UN funds to secure counsel? Awwww.
“WHEREAS, James L. Walker, Jr. of J. Walker & Associates, LLC is an experienced trial lawyer licensed in New York who has agreed to represent Ms. Weaver in this case. Mr. Walker is in the process of preparing a motion for admission pro hac vice to the U.S. District Court for the Eastern District of New York and is awaiting receipt of certificates of good standing for that filing.”
Just in case you thought the new attorney was more qualified than Michael Collins, just note that James is an entertainment lawyer, who is very proud of showing you all of his celebrity clients. His firm also filed the NY lawsuit against Farm Credit. Apparently he wears lots of hats. Here’s the website if you want some giggles.
“IT IS HEREBY STIPULATED AND AGREED THAT: 1. James L. Walker, Jr. of J. Walker & Associates, LLC hereby appears in this matter as counsel for Defendant Fawn Weaver subject to his admission to this Court pro hac vice;”
Can’t wait to read all about it, and see those filings.
“Upon Mr. Walker’s admission pro hac vice, Michael E. Collins of Manier & Herod, P.C. is withdrawn as counsel for Ms. Weaver;”
No word if he will step down in the bank case, but don’t bet against it.
“Mr. Walker does anticipate requesting a 60-day extension of the existing trial deadlines in this case, which will be requested through a separate motion; and”
And there it is, a sixty day delay. Because of course.
Nothing screams top shelf attorney quite like a wall jack and paper taped to the wall background!
I”m sure that Garcelle is not going to be happy with the obvious delay maneuver, and it’s at least POSSIBLE that the judge in NYC will approve the change of defense, and probably give some sort of continuance while J.W. gets up to speed, but all it does is delay things. The case will go to court, and The Weaver (TM) is going to eventually have to face the music.
Also, what are the odds that this lawyer is who is tutoring The Weaver (TM) in her “legal” career?
He’s not an investor.
Expect more goofy stuff over the next few weeks. Maybe even Shakespeare Judge will issue an order or four.
But wait, there’s more!
Menos attorney filed a response shortly after….. and they brought receipts.
Letter in Opposition to Defendant Weaver’s Request for Extension of Time
“On July 15, 2024, Defendant Weaver filed a motion for summary judgment, which was decided on March 3, 2025.”
“On June 25, 2025, the Court conducted an initial pre-trial conference. Trial was set for April 2, 2026.”
“On September 25, 2025, Defendant Weaver provided Notice to the Court of an automatic stay pursuant to the Order Appointing Receiver in Farm Credit Mid-America, PCA v. Uncle Nearest, Inc., et al., in the U.S. District Court for the Eastern District of Tennessee (No. 4:25-cv-0038) (the "Receivership Case"). Defendant Weaver alleged the automatic stay regarding Defendant Uncle Nearest, Inc. applied to Defendant Weaver.”
It’s convenient that she says she’s not the same as Uncle Nearest and shouldn’t be included, but in this case, she says, wait I’m Uncle Nearest.
“After briefing the issue, the Court ruled on November 25, 2025, that the automatic stay did not apply to Defendant Weaver. However, due to a change in the Court’s schedule, the trial in this matter was adjourned to July 27, 2026.”
“On October 17, 2025, Defendant Weaver’s original counsel at Morgan and Lewis filed a motion to withdraw as counsel for Defendant Weaver, with Mr. Michael Collins (“Mr. Collins”) appearing as Defendant Weaver’s attorney. This was granted on October 20, 2025.”
You will recall that they were the conflicted attorneys.
“In Mr. Collins’ Proposed Stipulation for Substitute Counsel [Dk 61-1], dated October 17, 2025, he mentioned that he didn’t expect to request any changes to the existing deadlines or court appearance dates. At the time Mr. Collins’ filing trial was set for April 2, 2026, which was later adjourned until July 27, 2026. Meaning, Mr. Collins had no objections to proceeding with the trial on April 2, 2026.”
“This matter has been pending since March 2022, and the trial dates have already been extended. Defendant Weaver has known since March 3, 2025, that this matter would be tried.”
And this was before the Farm Credit lawsuit!
“Prior to hiring Mr. Collins as attorney for this matter, Defendant Weaver invariably knew that Mr. Collins specializes in insolvency law and is not experienced in employment litigation, yet Mr. Collins filed a notice of appearance on October 20, 2025, to represent Defendant Weaver in this matter, with a trial set for April 2, 2026, and subsequently moved to July 27, 2026.”
It’s true that she probably knew, but also, she was not a good CEO, so why would she be knowledgable about what an attorney might be competent at? After all, she just hired an entertainment lawyer to represent her in this case…
“Now, less than 90 days prior to trial, Defendant Weaver seeks substitute counsel and an extension of trial and pre-trial motions.”
Delay, delay, delay. That’s been her legal strategy on pretty much everything.
“The undersigned counsel has a trial date set for October 5, 2026. Consequently, any extension would be unfeasible for Plaintiff’s counsel.”
It seems that it either happens as scheduled, or it is kicked into 2027.
“As such, in the interest of justice, Ms. Menos opposes Defendant Weaver’s request for extension of time and requests that the current trial date and pre-trial motion deadlines remain.”
One thing about Peggy Kuo, she don’t work slowly. Unlike the judge in the Farm Credit case. Expect a ruling quickly.
So out of touch….. while employees health care insurance wasn’t paid, but hey, FRESH KICKS!
UPDATE 4/30-
A bit of a quick one today, some thoughts, some rumors, and of course, snark.
First, I know I haven’t been doing a lot of updates of late, I’ve been pretty busy with life, but also, because I have only really done updates when there were things to update. While we are all waiting on the judge to issue some orders, it doesn’t mean things aren’t happening, there’s just things I cannot report on (no there’s no Cease and Desist or Gag order or whatnot). There’s a lot happening, so let’s fire up some cold brew, and talk rumors.
Something is going on at the distillery side. Rumors of little green men appearing and then not appearing, poking around. What does it mean? Unknown at this time. Potential buyers kicking the tires? Regulatory agents? Tax man? When I know, you’ll know.
Former CEO The Weaver (TM) rumored to be texting the team, letting them know that she’s confident that she will win the bankruptcy appeal and that it’ll make for a good story one day (undoubtedly written by CatGPT).
Let’s say for a moment that the bankruptcy is granted, the receivership suddenly ended. What happens next? Well, Farm Credit forecloses. Sells everything piece by piece. Investors wiped out. BroFundMe fellas buy the company for pennies on the dollar, well, more like pennies on the quarter because ain’t no one buying at $100 million. BroFundMe’s stupidly reinstate The Weaver (TM) as CEO.
Investors file suit (no guarantee they win anything as bankruptcy wipes them out), creditors file suit (no guarantee they win anything as bankruptcy wipes you out). What’s left? A damaged brand, with a lot of inventory in markets that don’t want it. An untrustworthy CEO at the helm, will have a very difficult time lining up new contracts, and new vendors, as everyone will know that they simply wiped out their debts.
Even though there are some aging stocks of UN whiskey, at some point they will need more. Who will they contract with? TDG? Maybe, but expect that TDG will never do anything on credit ever again. Cash money, up front will likely be required for just about anything UN would attempt, billboards, marketing, bottles, napkins, cowboy hats, Keith’s shoes, you name it, show me the money, which is a big problem for a company that has ALWAYS had cash flow issues (well, cash was flowing, but you get the idea).
Ok, so The Weaver (TM) is back running the brand, which is depressed in value and heat, in a distressed spirits market, that is now “worth” whatever the BroFundMe’s paid. It’s almost starting over, so what’s needed next? INVESTORS! And boy oh boy does she have culties. Will their $4.98 investments pooled together give The Weaver (TM) the capital she needs to buy back her properties from her pals?
Ok, back to reality…. This fun scenario is dependent on a lot of aspirational legal things, like bankruptcy being permitted by someone that is not permitted to file it, A judge siding with The Meowvants (TM), people not suiing afterwards, and law enforcement just ignoring the grift. Will this happen? Polymarket probably would give you 10000-1 odds, it’s that unlikely.
It does not stay criminal cases Typically law enforcement will wait for the civil case to wrap up (as the civil case does a lot of work for them).
I wonder how the family feels about Victoria being so intertwined with Fawn. I once thought that Victoria being the face of the brand post-Fawn was a workable idea, but I’m not so sure anymore.
Goofy BroFundMe scenarios aside, I think UN is cooked as its own separate company. I’m curious as to what happens to them if Sazerac purchases Jack Daniel’s. Sazerac already owns a Tennessee distillery that actually produces. Speculative? Yep.
There are very likely moles in some of the investor groups that are looking at their legal options.
I’ve fielded a few emails from people wanting to do documentaries on this saga, and frankly I’m uninterested in talking to anyone until the case is concluded. Several reasons why, 1- could be fishing for where I’m finding information. 2- I won’t give up any sources ever. 3- I didn’t do this for notoriety, or money. 4- I don’t think anyone would want me in a cat furry outfit on camera talking about this anyway.
It is rumored that Alex and Kai have moved into the big house in Shelbyville. Will they sell it back to the Weaver’s when all is said and done or will they have that “we made it!” moment and not sell it back?
With all of the decorations and art being added to the Lake House, it appears that The Weaver (TM) will not be back in TN anytime soon.
The Weaver (TM) social media has been insufferable of late. Bad Cocktails with Fawn is not an enjoyable show, and I don’t know what she’s being paid, but she’s not doing much publicly for the brand she works for.
She’s so thirsty lately, tagging a lot of celebrities in her stories. Fading into irrelevance wouldn’t happen if the bills had been paid.
The cats are doing well. Alphonse (he’s the inspiration for the cigarette smoking cat) is getting closer to being pet, I’ve touched him a few times, and even though he’s come closer and closer, and he knew it was coming, he acted shocked, threw some skibbedy paps, and hissed, but he didn’t run. Also, he cut me pretty good, but it’s ok, I heal fast. That cat sleeps on our back porch 8 hours a day now.
Alphonse sent a message. hehe
I’ll add this to the list of things that probably won’t be happening.
Don’t even ask me what the AI prompts were for this image.
UPDATE 4/28-
Today’s update is about a filing The Weaver (TM) made in the Bankruptcy Appeal, which I’m watching, but not doing a ton of reporting on. Today I’m doing a breakdown on it, because it connects to the Farm Credit case. I’ve got a solid pint of cold brew, and some Almond Malk (which is really, really good almond milk, and doesn’t have guar gum in it, check your Costco or Whole Foods), so let’s do the thing.
Before we dive in, the more I watch Real Housewives of Atlanta, I am gobsmacked by the similarity between Pinky Cole and Fawn Weaver. They use the same playbook. They talk about how successful they are, while facing problems that can only be associated with unsuccessful businesses. Pinky talks bankruptcy, but talks about how she built a successful $100m business. She flaunts her “wealth” and discusses buying back property in foreclosure.
It’s a hoot, and I mention this because I truly believe that The Weaver’s plan is to let things to be sold, and have friends buy it cheap, and either hold it, or move it back to them for less than what they originally owed. Do I know this for a fact? No, do I believe it’s happening? Absolutely. There are too many people that are close to Fawn that are circling property, UN, and that damned MV house, for it to be coincidental.
Ok, the newest 14 page filing.
EMERGENCY MOTION TO EXPEDITE APPEAL PURSUANT TO F.R.B.P. 8013(B), AND IN THE ALTERNATIVE, FOR CERTIFICATION OF DIRECT APPEAL TO THE SIXTH CIRCUIT PURSUANT TO 28 U.S.C. § 158(d)(2)
“The debtor Uncle Nearest, Inc., through its founder, controlling shareholder and resolution of the Board of Directors seeks to have the current appeal expedited pursuant to F.R.B.P. 8013(b) due to the time sensitive nature of this appeal. It has sought Chapter 11 bankruptcy protection to stem the tide of damage being caused to the company by the acts of a receiver appointed in the underlying district court case (See Farm Credit Mid-America Inc. v. Uncle Nearest, Et al. Case No. 4:25-cv-00038-CEA-CHS). In that case, the Debtor’s representatives have filed a motion for reconsideration of the August 22, 2025 Order appointing Phillip G. Young, Jr., citing a litany of false statements made by the creditor, Farm Credit Mid America PCA in procuring this appointment.”
Let’s see, the founder Fawn Weaver, controlling shareholder Fawn Weaver, and the Board of Directors Fawn and Keith Weaver, seeks to have the current appeal expedited. I’m betting that John Eugster didn’t have a say. Also, we are kicking off with the same old argument- Bank Bad!
“While this motion has been pending, the Appellant has unfortunately discovered yet more acts of harm which if not corrected will cause irreparable harm to the brand of Uncle Nearest, Inc. As a result, it seeks this expedited appeal to resolve the question of the authority to file the Chapter 11 case.”
It has been pending, and pending, and pending, and pending…… but oh no! They’ve discovered that more harm is happening (Will there be Nielsen data?) to a brand that they ran into receivership, and are now trying to “save” via bankruptcy. That’s rich and poor at the same time.
“This receivership exists for the stated purpose of protecting the position of one creditor, Farm Credit.”
Only now does she understand that receivership wasn’t for her benefit, but to get the bank their money.
“However, almost immediately, it became clear to the Appellant that the receiver’s primary goal was to acquire and sell assets of the Debtor to protect its collateral, without regard to the effect such a strategy had on the brand and operations of the business.”
Every person that wasn’t a smooth brain completely understood this was where things were headed. Cap”N Phillip even said so early on.
“The Receiver’s own filings and testimony confirm that his actions reflect a structured effort to liquidate Company assets, including the filing of an expedited motion to sell the Martha’s Vineyard property, and the initiation of a broader sale process that, as reflected in his Second Quarterly Report filed in the underlying receivership proceeding, generated offers that failed to satisfy even the secured creditor’s debt, an outcome shown in testimony given during the February 9, 2026 hearing in that proceeding to result from the disjointed and rushed process he employed.”
Yes, he did say all of that about selling stuff. Glad everyone is catching up. Also, I can’t wait until 5/9 to go over those transcripts from that hearing.
I’ll give it up to Christopher, he sure keeps trying to get that reservation at the world’s emptiest bar.
“Simultaneously, the Appellant has filed in that case a motion to reconsider which has outlined the harms being caused to the company by the receiver. These include the following:
Neilsen data, which is summarized on the chart attached as Exhibit 1, shows a steep decline in retail sales volume by the Company that begins almost immediately at the start of the Receivership and has continued to decline at a substantial rate. In total, since August 2025,(the date of the appointment of Phillip Young Jr. as receiver) to the present date, there has been a 46.7 percentage point decline in the performance of the Uncle Nearest brand.”
This is true, it has seen a steep decline if you trust the comparison data provided by The Weaver (TM), which I don’t.
“Farm Credit’s unclean hands which should have prevented the appointment of a receiver by their misrepresentations against Fawn and Keith Weaver regarding the purpose of the purchase of the Martha’s Vineyard property Doc.91, page ID 2821 Dist. Ct. record”
Bank bad. CEO good. This is so boring and predictable.
“Instead of being committed to preserving enterprise value and ongoing operations, the Receiver has pursued a liquidation-focused strategy, including filing an expedited motion to sell the Martha’s Vineyard property and initiating a broader sale process that generated offers insufficient to satisfy even the secured creditor’s debt. As established during the February 9, 2026 hearing, those results were not reflective of the Company’s value, but the product of a disjointed and accelerated process in which the Receiver admitted no business plan had been developed to support or maximize value.”
Instead of doing what The Weaver (TM) wanted, the receiver did what the BANK wanted. Right. Also, the company’s value is either zero, or something to be determined at sale. Not on the self-proclaimed value, but what someone will pay for a distressed company that is insolvent.
“After Appointment Farm Credit has executed a “forbearance agreement” referenced i Paragraph 11 of the receiver’s first quarterly report (Dist. Ct. Docket No. 46 ) with unknown terms and without court approval.”
The terms are probably known, or there couldn’t be a signed agreement.
“ Failed to make necessary marketing expenditures.”
Failed to pay for The Weaver (TM) trips to sign bottles and badger distributors. Did I mention before that when she was in my city, Whole Foods (who doesn’t and hasn’t carried UN products) had a huge display of bottles on the wall, and then two days later they were removed? Yeah, the distributor moved bottles in, and then out, all to avoid her nonsense just in case she walked in there.
“However, during the course of this appeal, the Appellant has cataloged even more failures of this receivership which demand that this matter be expedited to prevent further harm. Some of these acts which form the basis for cause for this request for expedited relief are as follows:”
I promise this list will be Doozy Free.
The day she visited.
“The Receiver has failed to take any action against the former CFO to recover funds, despite evidence that the former CFO admitted to conduct including the fabrication of financial records, unauthorized use of signatures, and the diversion of millions of dollars of Company-related funds for personal use, as documented in the Company’s third-party independent investigation;”
Say it with me folks, SENZAKI BAD! Also, he never admitted anything, or at least The Weaver (TM) has never presented anything showing he had. That she continues to say this is meaningless. We’ve still never seen the “documents” in this independent investigation that the board acted on without Fawn’s instigation. We’ve also never seen all of these documents and artifacts that were the work of the “anonymous” research team that dove deep into Nearest Green’s history. Yup. Vaporware.
“The Receiver has failed to pay a vital operational creditor (Advanced Spirits) on time during its control of the Appellant’s operations, causing a default in the amount of $45,000,000.00;”
The receiver failed to pay her debt. giggle.
“The Receiver has failed to pay a policy premium for a D&O policy, costing the company coverage which has a face value over $3,000,000.00; and”
What is a D&O policy and why is The Weaver (TM) so interested in that now? Glad you asked. It protects the people who run or manage an organization, like directors, officers, board members, executives, and sometimes managers, from personal liability if they are sued over decisions they made in their official role. Someone is now understanding that they are about to face some personal liability troublesssssss.
“The Receiver has failed to make payments to an extensive list of unsecured creditors on Schedule F of the Bankruptcy Petition during the course of the receivership since August 2025, while simultaneously charging the Appellant’s estate millions in administrative fees, currently averaging approximately $553,000.00 per month.”
Failed is a word. All debts are stayed, everyone knows this. This isn’t a failure of receivership, it’s a feature. Same with Bankruptcy. Is he charging a lot of fees? Doy. This is also a cost of running your business into receivership. You know how you avoid large legal bills? Avoid doing shady shit that costs investors money.
I told you there would be no doozy’s.
“As a result of these and other failures by the Receiver, the Debtor’s controlling shareholder and Board of Directors decided to take action to protect the brand and viability of the company, by authorizing the filing of the Chapter 11 petition in order to preserve the best interests of the Debtor and all of the creditors, not just Farm Credit.”
If only the board had taken action long before things got out of hand….
“Predictably, the lender and receiver opposed this petition, filing a motion to dismiss before the Bankruptcy Court alleging that the receivership granted the receiver the sole authority to file the petition. In a ruling that lacked legal support, the Bankruptcy Court then dismissed this case, prompting this appeal.8 These acts show that there is an immediate issue that must be addressed. Put plainly, this receiver has established beyond any dispute that his record of making false claims and failing to address the day-to-day operations shows a shocking lack of good faith and competence in running a company such as Uncle Nearest, Inc. Specifically, the precipitous drop in market retail sales and tourism traffic and sales at its distillery can be laid squarely at the feet of the receiver.”
A failed CEO that ran her company into receivership, questioning the competence of a receiver is hilarious. And there she is again calling Cap’N Phillip a liar.
“In the face of these acts, he has now acted in this case to stop the Chapter 11 filing, claiming he has exclusive authority. The receiver only seeks to do one thing in this case: sell assets of Uncle Nearest, Inc., all while charging millions of dollars in fees.”
Cap’N Phillip doesn’t claim exclusive authority. He was issued it via the Court. And at this point, he is indeed interested in selling assets of Uncle Nearest, because his duty is to return the money to the bank. Simple.
Days later….
“As a result, the debtor needs an expedited appeal in this case, as the acts of the Receiver are ongoing and preventing an orderly reorganization of the Debtor through its Chapter 11 petition.”
The Weaver (TM) does indeed NEED an expedited appeal, because UN probably has 60 days or less as a company as it exists in its current state.
“The relief sought by the Appellant here is as follows: Uncle Nearest, Inc., and its related entities ask that this Court adopt an expedited briefing schedule, requiring that the Court set the time for the simultaneous submission of the Appellant’s and Appellee’s briefs within seven (7) days of receipt of record, resolve this appeal on the briefs without oral argument on an expedited basis, and, to the extent practicable, issue a decision within fourteen (14) days of the completion of briefing. This requested schedule is appropriate and proportional given that the Appellees sought and obtained an expedited hearing on their motion to dismiss within hours of the petition being filed, and the Bankruptcy Court issued its ruling from the bench within 24 hours without the development of an evidentiary record.”
Fascinating that the request is to NOT have oral arguments considering how cocksure The Weaver (TM) is about her ability to use words to influence people to make bad decisions.
They then cite a lot of legal background strategy stuff, which is just case references. I’ll pull some highlights out below.
“The Company is suffering irreparable harm, as it cannot pursue its claims against the former CFO in the absence of the Chapter 11 petition, due to the refusal of the receiver to act.”
I mean, The Weaver (TM) did actually file a lawsuit against Mike Senzaki. Which we all know was farcical at best.
“The Debtor will be irreparably harmed by the loss of the Martha’s Vineyard property which the Chapter 11 petition and the resulting automatic stay would prevent.”
Make no mistake, this house has NOTHING to do with Uncle Nearest. It’s a great spot to continue grifting if one was so inclined.
Doozy Free at SFO. I mean, DUTY free. Duty, not Doozy.
“Additionally, while Uncle Nearest Inc. has been under the control of Receiver, a $45 million demand was made under the Advanced Spirits forward purchase arrangement. See Declaration of Fawn Weaver, paragraph 53. No such demand existed before the Receiver assumed control of the Appellant’s operations.”
Once everyone saw that the Emperor had no clothes, everyone wanted their money. When you hide that your company is in trouble, why would anyone demand their money? Also, what about that JayZ fella?
“Prior to the entry of the receivership order, the Appellant had a Directors and Officers liability policy with a face value of $3,000,000.00. The policy has been allowed to lapse by the receiver.”
A competent CEO would’ve paid this out of pocket, but hey….
That’s pretty much it, so expect some papers to be filed by Farm Credit, and / or Cap’N Phillip. Meanwhile, the judge in the bank case sits on his paws, probably for good reasons, and dammit I expect some Shakespeare in his orders.
Note that Johnson and Johnson will be going up against Demetra Liggins, Mary Alexandra Shipley, and Dairanetta Spain. This is like taking on the famed murders row of the 1927 New York Yankees team after winning the Little League World Series. Thoughts and prayers to the Johnsons.
Blogger cat waiting for the damn judge.
UPDATE 4/26-
Folks, I’m as baffled as any of you are right now, but with all of this time of “nothing happening in public” and “wot is judge waiting for?” I’ve had some time to think. Today’s update will be quick hits and some thoughts….
Food Influencer Fawn Weaver has continued to say she lives in TN, but more and more of their personal effects are moving to the Lake House. The Keith’s shoe head collection is now on display, The Weaver (TM) has some of her favorite sculptures, framed jerseys are going on the wall, looks to me like they’re finally settling in to their last home.
I’m still looking for the deeds on those properties to see who now owns them.
Remember when The Weaver (TM) said she was going to be working out of ATL for a bit? It’s now 4 months after Christmas break. How many times has she been at the Fakestillery? What is she working on? Haven’t seen a meaningful bottle signing in awhile. Will her and Victoria’s cigar tour actually be happening?
Remember when The Weaver (TM) said she would be embarking on a thank you tour because the receivership was OVER?
She’s doing some commencement speech or something. Which is embarrassing.
My wife is a religious watcher of all things Bravo, so I’m frequently exposed to her Housewives obsession. She’s been watching Atlanta, and I was in the room, and asked “is that Pinky Cole?” My wife asked how I knew who that was. Slutty Vegan bankruptcy duh. Well, wouldn’t you know that I then had to sit and watch all the Pinky segments? The similarities to The Weaver (TM) are so disturbing. Both clout chasers, cosplaying as successful, not paying bills, taxes, vendors, employees, steeped in religious rhetoric, and influencer nonsense. Neither of them knew how to run a business, both blamed their CFO for ruining things, they both expanded too quickly, never solidifying their gains, both spent lavishly on themselves, both absurdly had security details they traveled with, I mean, it’s like there’s a playbook for this.
The bankruptcy appeal case has a new lawyer that’s been added. One Demitra Liggins, who is Farm Credits all-star lawyer, who is appearing in support of Cap’N Phillip. Demitra has always deserved her own cat, so here it is below. Expect to see her in future cat pics.
If I was Johnson and Johnson (oh yes, they also get their own cat pics don't worry), I’d just tap out now.
Cap’N Phillip is on the clock to sell. 60 days to go per his own goal of selling by the end of the quarter.
Just a reminder that the outcome of the MV house sale is irrelevant to what’s coming.
Just a reminder that the outcome of sanctions is irrelevant to what’s coming.
Just a reminder that the outcome of inclusion is irrelevant to what’s coming (although inclusion will make things easier).
Just a reminder that selling shit to your friends will not likely protect the assets from seizure.
The transcripts from the February hearing are due out in a bout a week or so. Yes, I will be diving heavily into them.
Here’s hoping we get some kind of ruling on something, anything this week.
Hi Demetra. Partner at McGuierWoods. Definitely not a kitten.
Bon Voyage Kelli!
UPDATE 4/20-
Could this finally be the week? Hell, if I knew that I’d be on Polymarket placing bets, but since I’m not a gambler with actual money of my own, and I don’t have someone else’s piggy bank to pilfer from, I’ll just be a blog better. I took some time off again, I sure needed it, but I’m back and ready to go. While it seems like there isn’t much going on, there is. I’m going to break down The Weaver (TM) filing in opposition to sanctions (you didn’t miss much, as it was fairly redundant and copy/paste from Kitten Kelli’s filing), as well as address some rumors, thoughts, and musings, but first BREAKING NEWS- KITTEN KELLI IS OUT!
“IT IS, THEREFORE, ORDERED, ADJUDGED, AND DECREED by the Court that: Kelli D. Holmes, Lynn Tarpy and the law firm of Tarpy Cox, Fleishman and Leveille, PLLC, shall be and are hereby permitted to withdraw as attorney for the above-mentioned party in this case, and are thereby relinquished of all further duties and obligations as it relates to this cause; and Curtis D. Johnson Jr., Florence M. Johnson and the law firm of Johnson and Johnson, P.C. shall be and are hereby substituted as attorneys of record for the above mentioned party in this case.”
Kitten Kelli barely lasted longer than Rocky did. Sheesh. We had lots of comics planned for her, but oh well. It was clear they were unprepared to handle The Weaver (TM) nonsense, I knew that, you knew that, but they had to learn like so many others did. I mean, Lynn Tarpy, a partner, filed the opposition to the sanctions. Probably scared the hell out of that firm. Now it’s Curtis and Florences turn. Don’t worry, there will be cats. No word on whether Tarpy firm got paid, reminder, this was the farcical bankruptcy case that Fawn didn’t have the authority to file, but did. Also, the receivership hasn’t ended yet, no matter what she says on IG.
Senzaki still hasn’t been served. Isn’t that interesting? That man cannot be that hard to find.
The BroFundMe’s are still out there playing. I’m still not taking them seriously, as they can’t even put up $10 million let alone $100 million.
The Pineda’s are lurking everywhere.
Everyone in the Weaver’s orbit is up to something. Not saying they’re all up to illegal things, but they are up to things.
Kevin Johnson is emerging as a very useful person to The Weaver (TM).
There are lots of useful persons.
Probably a list of useful persons.
I expect a lot of assets to continue to be hidden by useful persons.
That Martha’s Vineyard house will probably end up shadow owned by Fawn Weaver, as it’s a useful house to raise money at, which is why it was purchased with other people’s money to begin with.
I’m curious as to who paid for all the Trademarks that are owned by Grant Sidney. Inclusion will probably shed an awful lot of light on that.
I love that The Weaver (TM) continues to talk about living in TN, but hasn’t been there in a long while, and her favorite art keeps relocating to the Lake House in GA.
Also, does she even do anything for UN anymore now that she’s a restaurant influencer?
HB insurance still hasn’t been fixed, real people suffering because The Keith can’t be bothered to do the right thing anymore, but LASAGNA AMIRITE?
New fools enter the circus?
Now to breakdown The Weaver (TM) response, which will be heavily edited because of the aforementioned redundancies, and arguments that were similar, just more words to say the same things.
DEFENDANT FAWN WEAVER’S SUR-REPLY IN OPPOSITION TO THE RECEIVER’S EXPEDITED MOTION FOR SANCTIONS
“With respect to the Receiver’s request for sanctions and injunctive relief relating to Ms. Weaver’s exercise of her right of Free Speech, the Receiver has not identified any specific court order that expressly prohibits Ms. Weaver from exercising her First Amendment rights and, even if there were such an order that could be construed to blanketly prohibit Ms. Weaver’s exercise of her Constitutional rights, that order would be unconstitutional and unenforceable.”
In courts, the First Amendment is not always absolute. Saying truthful things on Instagram, even when talking about a case, is often protected, so long as what you say is truthful. In fact, if what you say is untruthful, it puts one at risk. Easy to invoke the 1st, but it’s not a gimme.
She then proceeds to defend each and every one one of her Social Media posts…..
“As Ms. Weaver states in her February 12, 2026 Instagram post (Receiver’s Exhibit 1), she had been practically silent about the case for the six months prior to the February 9, 2026 hearing. The earliest Instagram post that the Receiver has provided occurred on February 5, 2026. There is simply no presented evidence of any repeated warnings nor of any history of posts by Ms. Weaver that have had any impact on the Receivership.”
Practically silent LOL. Now that’s the first actual DOOZY. She was in fact, not practically silent for six months. Just check her IG.
“The Receiver also alleges that Ms. Weaver brags that she violated an NDA even though he is fully aware that she refused to sign the NDA that the Receiver demanded as a condition to her receipt of any financial information relating to the Company until after the February 9, 2026 hearing.”
The Weaver (TM) seems to struggle with the truth somewhere. On stage, in court filings, in person, on socials, in bank documents, investor decks…. But then she did sign the NDA that she said she didn’t sign, just at a later date, so she signed it, but not early enough to violate it. Got it.
“With respect to Ms. Weaver’s comments on her personal social media account relating to the February 9, 2026 hearing, that hearing was a public hearing with press in attendance. While the parties sought to seal the hearing pleadings and exhibits, the Court denied those efforts. Consequently, just as the Press has the Constitutional right to report on the hearing, Ms. Weaver likewise has a Constitutional right to comment on the hearing and the attacks on her therein on her personal social media accounts…..He (the receiver) and Farm Credit have asserted or implied unnecessarily and without evidence that Ms. Weaver committed misappropriation of assets, misrepresented the status of assets, conspired to inflate company projections post-receivership, and other similar allegations. These allegations have been picked up in the media and published widely, directly impairing, without any supporting evidence, Ms. Weaver’s reputation and impairing her ability to generate income to cover her personal living expenses.”
I bolded the things that are likely to have happened. Pity that her ability to generate income to cover her personal living expenses has been impacted, just like the employees that are no longer with the company because of her mismanagement, her husbands mismanagement, the vendors that were left with non-payment, bills and taxes unpaid, the employees both current and former that are going through hardships because their living expenses aren’t being met, but oh look at Fawn’s favorite sculpture that is in her lake house.
“The unfounded allegations of commingling have put the operations of the non-party companies in limbo for over 6 months without any legitimate evidence to support a commingling or alter ego determination.”
They bolded that part, and frankly, that’s the Judge’s fault, not Cap’N Phillip’s. And deep down, the reason the Meowvants (TM) are in limbo, is because UN isn’t paying their bills, taxes etc… piggy bank is CLOSED.
I wonder how this Weaver submitted Nielsen data looks compared to what investors were told.
“To assert that Ms. Weaver must suffer the slings and arrows of the Receiver, who simply hurls allegations and insinuations without any supporting evidence yet is given inordinate credence in the media due to his position as receiver, without the ability to defend herself on her own social media pages is wrong and inequitable, and is why U.S. citizens are guaranteed a right to freedom of speech.”
Yes, we give Cap’N Phillip credence because he’s not the one that ran a business into receivership. That alone lends a tremendous amount of credibility with anyone that isn’t a mush-brained cultie.
“While the bankruptcy cases were ultimately dismissed, the Press Release issued indicating that the lawsuit against Farm Credit and the bankruptcy petitions had been filed was factual, non-defamatory. The Press Release, which was issued by Grant Sidney, did not rise to the level of sanctionable speech.”
They were dismissed, the Press Release was dumb, and the you heard it here first style of stupidity was breathtaking. What was not factual was that the “receivership has ended.” Another massive rake that she stepped on. That rake was so big you could see it from the moon with the naked eye, probably.
“The Receiver’s Exhibit 1 is a video posted to Fawn Weaver’s personal Instagram account on February 5, 2026. There is literally nothing about this video that harms Uncle Nearest or the current proceeding. In fact, Ms. Weaver merely expresses that she will have the opportunity to cross-examine the allegations made against her and the Company. That she advises her followers that the February 9, 2026 hearing would be open to the public is simply a true fact. That she characterizes the efforts to sell the company in the receivership to a robbery in broad daylight is her opinion of the matter, which is an opinion that she is entitled to hold and to pronounce under the Constitution. “
I have some opinions, wanna hear them?
She further states “Be clear. This judge is a very fair judge. He will deal with no shenanigans.” This is also an opinion that Ms. Weaver is entitled to hold and to pronounce. Neither of these statements, nor any other statement in this Feb. 5, 2026 posting, represents speech that is appropriately prohibited or subject to sanctions.”
Bald-faced ass kissing right there. Not included in this filing was her earlier assertion about “white judge from Tennessee…..”
“…the issuance of a press release, as well as Fawn Weaver’s Instagram post, was not expected to “control” public opinion but simply to advise the media of the filing and the current status of the case, which is very common for companies when a bankruptcy petition is filed. Again, the Receiver cites to no statement made in either the Instagram post or the Press Release that is false or defamatory. Indeed, both the Instagram post and the Press Release are extremely positive about the outlook for Uncle Nearest and in no way disparage either the Company or the Receiver. With respect to Farm Credit, the Instagram post simply recites the allegations made in the New York Complaint.”
This is an argument. Not saying it’s a good one, but I took it as her attempt to control the narrative, and the glee on her face and in her voice sure sounded like she was spiking the football, albeit in the wrong endzone.
MOMMMMMMMYYYYYYYY
UPDATE 4/16-
Today’s update is brought to you by the letter F. F as in Fraud. Can you say fraud? I think you can.
We have a couple of filings today. I’ll do the update on the Kitten Kelli opposition to sanctions right now, but the Michael Collins 23 pager will have to wait until tomorrow mornings cold brew.
Anyway, sounds like Kitten Kelli got in over her head, so the boss cat Lynn Tarpy stepped in for an assist.
Seems that the lawyer disagrees with the motion for sanctions. Go figure. I’m still trying to figure out how this lawyer(s) gets to oppose, or motion anything as they aren’t named Michael Fookin’ Collins, but in Fawntasyland, nothing should surprise any of us anymore. I’ll be paraphrasing a lot here, because it’s so much boring and dull legalese.
COUNSEL’S RESPONSE IN OPPOSITION TO MOTION FOR SANCTIONS
“The Receiver’s Motion does not attempt to satisfy that standard. It does not identify any multiplication of proceedings by counsel, much less conduct that is unreasonable and vexatious. The filing of a single set of bankruptcy petitions, on a colorable legal theory, does not constitute the type of conduct § 1927 is designed to address.”
Translation- Kitten Kelli took a long shot, missed, and now you can’t punish her for trying her kitten best, she’s new, cut her a break, receiver bad.
“Nor does the Motion identify any rule-based basis for sanctions. Instead, it relies on conclusory assertions that the conduct was “willful” or “unauthorized,” without tying those assertions to the elements required under any applicable sanctioning framework. That is insufficient. Regardless of whether sanctions are sought under inherent authority or § 1927, the Court must apply the correct legal standard and make the required findings. The Receiver’s Motion does neither. For these reasons, the Motion fails at the threshold as it pertains to counsel.”
Please oh pretty please don’t sanction mahhhhh baybeeeeee!
Inherent-Power Sanctions Require a Specific Finding of Bad Faith, Which Is Absent
“To the extent the Receiver seeks sanctions under the Court’s inherent authority, Sixth Circuit law imposes a stringent standard. Such sanctions may be awarded only upon a specific finding of bad faith or conduct tantamount to bad faith, and the Court must exercise that power with restraint. It is not enough that a party or counsel advances a legal position that is ultimately rejected or even incorrect. Rather, the Court must find that the position was meritless, that counsel knew or should have known it was meritless, and that it was pursued for an improper purpose. As confirmed by counsel’s sworn Affidavit, attached hereto as Exhibit A, the conduct at issue was undertaken following legal analysis and in good faith, further precluding any finding of sanctionable conduct under either inherent authority or § 1927.”
Except that pesky email that Cap’N Phillip sent to Kitten Kelli before she filed that steaming wet pile of wasted time and billable hours, yeah, she didn’t know it was meritless.
“The Receiver’s Motion does not attempt to make these showings. It does not identify evidence of improper purpose, does not establish that counsel acted with knowledge of frivolity, and does not engage the governing standard. Instead, it assumes that because the Receiver views the bankruptcy filings as “unauthorized,” sanctions necessarily follow. That is not the law.”
I mean, it was unauthorized, and a judge found that to be true, very very quickly because it was clearly written in the receivership order FFS. She knew it was unauthorized, did it anyway, and yeah, I mean, that’s pretty willful.
Nor can the Motion be sustained under 28 U.S.C. § 1927. While § 1927 does not require a showing of subjective bad faith, it still imposes a demanding standard. Courts in this Circuit have made clear that, “[f]or a court to award sanctions under § 1927, the attorney or party need not have acted with ‘subjective bad faith’ but must have acted with ‘something more than negligence or incompetence.’” Courts further explain that sanctions are appropriate only where an attorney “abuses the judicial process or knowingly disregards the risks that his or her conduct will needlessly multiply the proceedings.”
Lynn is new around here, we should cut him some slack. This entire thing has been in bad faith. From the very beginning it’s been bad faith. We know there is negligence and incompetence all over the defense, this is indisputable, but the bankruptcy filing was a joke before it was submitted. Cap warned Kitten Kelli not to, she thanked him for his thoughtful email, and did it anyway.
The Bankruptcy Filings Were Supported by a Colorable and Reasonable Legal Basis
(NOTE- colorable means long shot)
“The Receiver’s Motion also fails because the legal position underlying the bankruptcy filings is, at minimum, colorable and grounded in existing authority. Courts within the Sixth Circuit have long recognized that the appointment of a receiver does not ordinarily divest corporate management of the authority to file a voluntary bankruptcy petition.”
Except when the receivership order specifically states that the receiver has EXCLUSIVE AUTHORITY, so no.
Sometimes a cat needs a break.
“The bankruptcy court’s exercise of jurisdiction over the petitions confirms that the filings were procedurally proper and legally cognizable. The subsequent dismissal of those cases reflects a merits determination and not sanctionable conduct. Sanctions cannot be imposed merely because a court ultimately disagrees with a legal position advanced through proper procedural channels.”
Just because a court dismisses a case doesn’t mean it IS a proper or reasonable case.
Counsel’s Involvement and Legal Judgment Preclude Any Inference of Bad Faith
“The undisputed record reflects that the bankruptcy filings were made through counsel, following legal review and consideration of applicable law. The Receiver acknowledges that bankruptcy counsel was aware of the Receivership Order and declined to withdraw the petitions when asked to do so. That fact underscores that the conduct at issue was the product of legal judgment, not defiance or bad faith.”
Ok Lynn, sure, sure. If it was legal judgement, then your firm is not one I would hire. Yeesh.
“The Receiver requests a flat $25,000 penalty per filing, for a total of $75,000, and suggests that such sanctions may be imposed jointly and severally against counsel. This request is punitive in nature, yet the Motion provides no evidentiary basis for the amount requested, no analysis of causation, and no findings tying any alleged misconduct by counsel to compensable harm.”
Yes, a sanction is in fact punitive, that’s kinda the point.
“The Receiver’s request for expedited sanctions further underscores its legal deficiency. The Motion asks the Court to impose severe monetary penalties without a developed evidentiary record on issues central to any sanctions determination, including the scope of filing authority, the legal advice obtained, the governing law, and the intent underlying the filings.”
We shall see. The expedited request is an attempt to get things firmly under control so this crap doesn’t continue on and on and on and on and on….
“Notably, the Receiver acknowledges that bankruptcy proceedings may ultimately be appropriate but contends that such filings should occur under the Receiver’s control and at a time of the Receiver’s choosing. That concession confirms that the dispute is fundamentally about timing and authority, not misconduct. A disagreement over legal interpretation and litigation strategy does not justify sanctions against counsel.”
Notably, the receiver was calling Kitten Kelli’s bluff. If bankruptcy is approved, then he must be in charge because the order said EXCLUSIVE AUTHORITY. It was a metaphorical poke in the eye about how stupid the filing was to begin with.
Lynn concluded that sanctions aren’t warranted. He filed his affidavit too. By the way, Lynn is a partner in the firm that Kitten Kelli still works for. In the affidavit he acknowledges that he reviewed the documents for bankruptcy prior to the filing. He used his judgement to conclude that the long shot was worth the try, didn’t believe it frivolous, meritless, or improper.
Ultimately the judge will have to conclude who or what gets sanctioned or not. The Tarpy firm might get away with their argument, but will The Weaver (TM) get away with those stupid videos? Guess we will see sometime in the year 2047 at the rate our judge cat moves.
This judge, AMIRITE?
UPDATE 4/14-
While we wait for the avalanche of dog shit from The Weaver (TM) to be filed, the judge made an order. Yay Judge! Not a big deal, but still an order. Gonna make this one short, because it’s not the order we’re all waiting on.
ORDER
“On April 8, 2026, the Receiver, Phillip G. Young, Jr., filed a Supplemental Notice of Martha’s Vineyard Appraisers [Doc. 189] proposing four candidates to appraise the real property located at 10 Codman Spring Road, Edgartown, Massachusetts and all personal property located therein (collectively the “Martha’s Vineyard Property”). Plaintiff Farm Credit Mid-America, PCA, Defendant Fawn Weaver, and Defendant Keith Weaver had until April 13, 2026, to object to any of these proposed candidates. [See Doc. 188 at 2].
Oh, did somebody forget to file an objection?
“Defendants Fawn and Keith Weaver previously objected to one of the potential appraisers originally proposed by the Receiver, Matthew Bellas of Bellas Appraisal Services. [Doc. 187]. However, it is unnecessary for the Court to rule on the merits of this objection as there are now a sufficient number of unobjected to appraiser candidates for the Court to appoint three appraisers as required by statute. Accordingly, the Objection [Doc. 187] is OVERRULED AS MOOT.”
I really hope someone forgot to object while they were eating lasagna.
“That date has passed, and no objections have been filed. Accordingly, the Court hereby ORDERS the following:
1. In accordance with 28 U.S.C. §2001(b), Bill Cleary of Martha’s Vineyard Real Estate Appraisers is hereby APPOINTED to appraise the Martha’s Vineyard Property;
2. In accordance with 28 U.S.C. § 2001(b), Tom Garrahan of Thomas Garrahan Appraisals of Cape Cod is hereby APPOINTED to appraise the Martha’s Vineyard Property;
3. In accordance with 28 U.S.C. § 2001(b), Neil Maloney of Hartel Realty is hereby. APPOINTED to appraise the Martha’s Vineyard Property;
4.The appraisers listed supra Paragraphs 1 through 3 (collectively the “Appraisers”) shall be deemed “Receiver Representatives” as that term is defined in Paragraph 10(c) of the Order Appointing Receiver [Doc. 39] and shall be entitled to all the rights, powers, and protections afforded to Receiver Representatives under the Order Appointing Receiver. The Appraisers shall be compensated in accordance with Paragraph 21 of the Order Appointing Receiver;
5- On or before May 12, 2026, the Appraisers shall submit written reports detailing their appraisals of the Martha’s Vineyard Property to the Receiver. The Receiver shall file these reports with the Court on or before May 13, 2026.”
“SO ORDERED.”
Set your calendar alerts for 5/13. Know what else happens in early May? Transcripts from the February hearing. Can’t wait for that date to arrive.
Let’s do a “who’s who” but like baseball cards.
UPDATE 4/10-
The receiver just delivered the 3rd Quarterly Report, and we will dive in shortly. Just wanted to remind everyone that The Keith failing to pay Paychex, and delaying peoples ability to file their taxes, while talking about “He is Risen” and all that jazz, and well, there’s nothing more Christlike than fucking people over. I guess we went to different churches, read different books.
“This quarter has been marred by contentious litigation that has required considerable time and legal resources to address. Despite these distractions, the Receiver has made significant progress in the administration of this estate: identifying a buyer for the real estate on Martha’s Vineyard in Massachusetts, having discussions with parties interested in purchasing assets in Cognac, France, and nearing the conclusion of a marketing process for substantially all remaining assets of the receivership entities.”
I always thought that that damned MV house would go first, but I think the Cognac chateau will actually be the first asset sold. Please note that he said “nearing the conclusion of a marketing process for substantially all remaining assets of the receivership entities.” I personally have come to believe that the brand is FUBAR, and is not savable in any real sense, but if Cap’N Phillip says he’s nearing the conclusion, well, Tip of the Cap to him.
TASKS ACCOMPLISHED BY THE RECEIVER
“The Receiver has continued in his efforts to bring the Company into compliance with all federal and state tax filings. All outstanding returns have been identified and most have now been filed with the appropriate taxing authorities, with unpaid taxes being brought up to date. The exception is federal income tax returns, which remain unfiled since 2018.”
Federal taxes from 2018 are unfiled, unpaid, unbothered, unmoved. You know, like successful CEO’s do.
“The Receiver has identified a tax professional to assist with this rather large task and anticipates beginning work on this in the next quarter.”
Another bill that Farm Credit will have to pay. Wild.
“The Receiver has also continued his work on updating and verifying the Company’s capitalization table. As he has contact with shareholders, he is gathering information to verify and/or correct the information contained in the capitalization table. While he is not convinced that the capitalization table is completely accurate as of this date, it is much more reliable today than at the beginning of this receivership case.”
Who knows how many people were fleeced with this scheme? Even 7 months into this, they still don’t know who owns what shares, and how many? What the hell is John Eugsters job anyway? What is he paid to do by being on the board? This man is in deep trouble.
“The Receiver has made significant progress toward liquidating assets for the benefit of the creditors. As the Court is aware, the Receiver has proposed a sale of the property on Martha’s Vineyard for what the Receiver believes is fair market value. Despite the delays caused by legal challenges, the buyers remain committed to closing this transaction. The Receiver, through his representatives, has also been in contact with dozens of potential purchasers of the property in Cognac, France. While no offer has materialized for those assets as of the date of this filing, the Receiver has conference calls set up over the next two weeks with parties expressing serious interest.”
I expect legal challenges to all of it, even selling a copper pot will get a filing in opposition.
“With the assistance of Arlington Capital Advisors, the Receiver has conducted an extensive marketing process for the sale of substantially all of the Company’s assets or, alternatively, for the refinancing of its debt. While there was no interest in refinancing the debt, there has been robust interest in the purchase of Company assets. The Receiver and Arlington Capital have been working with potential purchasers for several months and are nearing the conclusion of that process. The Receiver hopes to have a stalking horse bidder for the Company’s assets identified before the end of April. At that time, the Receiver will determine whether to pursue a sale in this or another venue.”
We have about 3 weeks left in April, so let’s see what lands. I’m noticing that he’s mentioning “assets” but does that mean the entire company, or parts of it? Big question, hopefully we will learn more near the end of the month. No one wants the debt, which makes a lot of sense, it’s a stupid amount of debt. SazCo just foreclosed on a distillery that they bought the debt of (far less than what UN owes Farm Credit), but this isn’t that. No one wants this debt, which will become more clear as to why that is later in this update.
Former CEO of Uncle Nearest, Fawn Weaver.
“The Receiver continues to take steps to maintain the Company’s existing intellectual property. He has also taken steps to maintain the Company’s relevant licenses with state and federal authorities.”
Dang, beat me to it.
“With the assistance of his team of consultants, the Receiver has continued making all operational and financial decisions for the Company.”
Much to the chagrin of a former CEO who is banished to a lakehouse in Georgia where she adds extra episodes of the terminally dull Sunday with the Decievers.
“The Receiver, his consultants, and his attorneys have devoted a significant amount of time this quarter to litigation initiated by Fawn Weaver, Keith Weaver, and Grant Sidney (one of the entities that the Receiver has asked the Court to include in this receivership action). In particular, the unauthorized bankruptcy filings, which were dismissed by the United States Bankruptcy Court for the Eastern District of Tennessee less than 48 hours after their filing, were a significant distraction and posed a serious threat to the Company’s ongoing business operations.”
Imagine getting outwitted in less than 48 hours after publicly spiking the football. What a clownshow and it shows what competent legal work looks like.
“While the legal implications of those filings have subsided, the confusion created among creditors, shareholders, vendors, and employees remains an ongoing problem for the Receiver. Additionally, the parties have appealed the dismissal by the Bankruptcy Court and the Receiver expects time and resources will be needed to litigate that appeal.”
The appeal too will be thrown out, but the point isn’t to win it, the point is to suck more bank money into this pit of despair, and bleed the bank until they cry “UNCLE NEAREST” and pull the plug, and foreclose.
TASKS IN PROCESS
“As mentioned above, the capitalization table continues to be a work in progress. The Receiver and his counsel continue the process of reconciling the capitalization table.”
“The Receiver has continued his forensic investigation into the finances and transactions of the Company this quarter, and that investigation is ongoing.”
This is foreshadowing. Pay attention.
“The Receiver and his consultants continue monitoring the finances of the Company, creating a rolling 13-week budget, and working with Farm Credit Mid America to fund any operational shortfalls. The financial details of the last quarter are included below.”
They’ve done well to control costs, and manage money, which The Weaver (TM) will then repackage and claim that UN is now solvent, it is not, and that case will be made clear below.
Don’t worry, more cats below, I know you’ll wanna collect them all.
FINANCIAL REPORT
“Thompson Burton PLLC fees were higher than projected due to increased litigation activity related to multiple filings from Fawn Weaver, Keith Weaver, and Grant Sidney that were not originally projected in the approved budget(s). The “Other” professional fees category relates to expenses incurred for the reconciliation of prior year TTB liquor tax filings and operational reports, which were not filed timely nor accurately by the company’s management team prior to the Receivership date.”
TTB liquor tax filings and reports not filed timely, or accurately…. Other than spend other peoples money, what were they actually good at?
Dang, receivership ain’t cheap.
“As the Court can see from collections and expenditures to date, the Company is currently cash flow neutral. Of course, this is without servicing outstanding secured indebtedness or paying any pre-receivership debts. If the Company were required to pay on pre-receivership debts, it would not be capable of normal operations.”
This is what insolvency looks like. Yeah, with a clean slate, and bank money being funneled in when needed, we can keep the lights on, but UN isn’t profitable by any measure.
“Banking & Disbursement Controls. Immediately following his appointment, the Receiver took steps to secure all existing bank accounts associated with the Company. This included freezing accounts where appropriate and establishing new Receiver-controlled accounts to ensure that all future transactions are properly monitored and documented. By shifting all financial activity into Receiver-controlled accounts, the risk of unauthorized transfers or unapproved expenditure has been significantly reduced. These activities and policies have continued to be in place and enforced throughout the entire receiver period. The Receiver does not have control over bank accounts in the names of certain entities that are detailed in the Receiver’s Motion for Clarification filed with this Court on September 12, 2025.”
Frozen accounts, unauthorized transfers, unapproved expenditures…. this means a lot of things, and well, I can safely say The Weaver (TM) will not be doing her “Thank You Tour 2026.”
“The Receiver has instituted a policy that all significant disbursements must receive explicit approval from the Receiver before release. This control mechanism ensures that cash outflows align with the cash flow budget and that only necessary and authorized expenses are incurred. To reinforce this control, weekly reconciliations are performed for all bank accounts. These reconciliations serve to verify accuracy, detect any discrepancies, and confirm that no unauthorized transactions have taken place.”
Second mention of “unauthorized transactions.” Isn’t that curious?
“Cash Flow Budgeting & Variance Review. A rolling 13-week cash flow budget has been developed and is updated weekly to reflect the Company’s most current operating realities. This budget is reconciled against actual collections and disbursements every week. Any variances greater than 10% between budgeted and actual results are promptly identified, documented, and explained.”
For the first time since it was founded, UN has had to operate within a responsible budget that wasn’t based on fairy tales.
Can’t pay a bill on time, but makes a mean Lasagna.
“As part of the agreement with the secured lender, the Receiver is required to submit comprehensive bi-weekly reporting packages to Farm Credit, the Company’s secured lender. These packages contain detailed variance analyses, operational expense tracking, and updated sales forecasts. By providing this level of detail, the secured lender can closely monitor performance against established targets and evaluate ongoing compliance with the terms of the forbearance agreement.”
I think this is what the bank always wanted from UN, and it sucks that they’re paying dearly to actually get it.
“This enhanced reporting process strengthens transparency and accountability, ensuring that stakeholders have timely and accurate insight into the Company’s financial position, operational performance, and near-term prospects.”
As one does with a company. Unless you’re incompetently run.
“Payroll & Taxes. The payroll process remains under the administration of the Company’s professional employer organization, Genesis Global, with weekly supervision and review of payroll data by the Receiver team. At the time of the appointment, the Receiver identified that the PEO account was underfunded, jeopardizing employee pay continuity. This issue has since been corrected, ensuring that payroll obligations are consistently met. Indeed, the Receiver has been pre-funding payroll for the majority of this quarter.”
Taking care of your people. A very important part of being a CEO. Now, look at how things were run under the prior regime? Look at how they’re still being run at The Meowvants (TM). Cap’N Phillip doing his best. The Keith drinking grown folk Mimosas. The employees suffering.
Judge Judy would never have let this go on this long.
“The Receiver has completed a review of payroll taxes, excise taxes, business taxes, and property taxes. Several potential liabilities have been identified, and these obligations have been incorporated into the cash flow budget for planning purposes. “
The deeper you go on this case, the worse it gets.
“Of particular concern is the discovery that the Company has not filed federal income tax returns since 2018. The Receiver is currently working with appropriate tax authorities and external advisors to address this issue.”
With updated and correct sales figures showing a loss, and not profits, will they owe anything other than late penalties?
“In addition, the Receiver conducted a review of state-level business, excise and sales tax compliance. Findings indicated that Tennessee and New Jersey have material exposure due to incomplete reporting and unpaid obligations.”
This is the worst CEO ever of all time.
“These issues were corrected for both the states of Delaware and Tennessee during the most recent quarterly period with the Company now in Good Standing. Business, excise and sales taxes are now current for all Receiver entities.”
I still can’t with all this. Like how did you not pay state taxes too?
“Vendor & Operational Continuity. The Receiver has established direct lines of communication with key vendors, logistics providers, and employees to maintain uninterrupted operations. This outreach has helped secure the cooperation of critical partners and mitigate risks to the supply chain.”
“All vendor notices are now being directed to the Receiver. This process has revealed several previously unidentified liabilities that were not fully disclosed in the Company’s records. The Receiver has also secured and reviewed critical business documents, including supply chain agreements, bottling contracts, and marketing obligations. These reviews aim to identify operational risks and financial commitments that could have a material impact on cash flow.”
Everywhere they look, they keep finding debt.
Hi Kate!
“An initial review of inventory storage agreements and bailment warehouse contracts was completed with follow-up currently underway. This is necessary to confirm lien positions, assess obligations, and evaluate any potential risks associated with warehouse-held inventory. The Receiver is working with other financial institutions that have started foreclosure proceedings on warehouses owned by related entities not included in the Receivership which currently store Uncle Nearest inventories.”
Now this is interesting. Cap’N is talking to other banks about holding off on foreclosures because UN inventory sits in it. He should be able to get them to hold until the order comes in for or against inclusion. I wonder how much more debt the receivership will take on with inclusion.
“Financial and Accounting Observations. At the beginning of the Receivership, the Company’s accounting records were materially unreliable and could not be relied upon for accurate financial reporting. Key deficiencies identified include:
Non-reconciled balances create uncertainty about the accuracy of financial statements.
Unusual accounting entries lack proper documentation.
Improper revenue recognition practices that distort the Company’s financial performance.”
Note here that the reason the accounting records were unreliable is not because of the accountants themselves, there were two sets of books, and one set was eyes only to the top of the top. Also, these observations scream FRAUD without saying fraud.
I hope Michael gets at least $2 for his services.
“The absence of solid financial controls and the unreliability of certain financial records has been a challenge in determining historical sales and expenses that would aid with forecasting future sales and expenses. That challenge has been compounded by the fact that a substantial amount financial records before 2024 were allegedly erased from the Company’s computer system. The Receiver has recovered some of those financial records and is currently working to recover the remaining missing records.”
I love the use of “allegedly erased” here. They were hidden and now they’re found.
“The Receiver has also identified related-party transactions involving Grant Sydney, Inc. and Quill and Cask Owner, LLC, both entities owned by the Weavers. These transactions were reviewed via the use of external records and supporting documentation to determine their accuracy, legitimacy, and whether they represent potential improper transfers.”
Uh oh…. somebody found something…..
“Irregularities were found and continued review and investigation is in process. Since many of the companies that are subject to this receivership action have comingled assets and liabilities with other non-receiver entities, it has made determination of lien priority, and separation of liabilities among corporations, very difficult.”
Hey kids, do you know what irregularities mean? That’s right! You’re smarter than a failed CEO.
He’ll take your order, but probably won’t wash a dish.
“The Receiver has engaged a third-party CPA bookkeeping firm to assist in the ongoing completion of accounting records and preparation of financial statements for the Receivership period. This activity has resulted in the reconciliation of all cash activity to the completed financial statements for the full year 2025 and January 2026 period. Monthly financial statements for the consolidated Receivership entities have been completed and distributed to key stakeholders for the full year 2025 period and January 2026. The Receivership team is currently working on completing the February 2026 financial statements.”
“In addition, the Receivership team is working on gathering source data to recreate certain prior period financial reports. The Receiver thinks it is critical for the Company to have financial statements that have been created under his independent direction, for which he can verify the accuracy.”
It will certainly help proving the fraud case, errrrr when there is one that is.
“Overall, cash resources remain limited, necessitating tight cash management and prioritization of critical expenses. The Company is not servicing any secured debt, long-term indebtedness, or pre-receivership indebtedness, as it has no financial ability to do so.”
Bad news for employees of the Meowvants (TM), even with inclusion, the receivership will not be taking care of prior liabilities.
“Next Steps – Stakeholder Communications. The Receiver will continue to provide bi-weekly reporting to Farm Credit, including detailed variance reports, expense reviews, and sales forecasts. Regular updates will also be provided to the Court and other key stakeholders. Direct engagement with vendors, customers, and employees will continue to maintain operational stability and foster transparency.”
No notes.
“Asset Recovery & Preservation of Value. The Receiver will continue to secure and monitor the Company’s cash, accounts receivable, inventory, leased equipment, and other assets. To ensure accurate reporting and valuation, updated inventory counts and appraisals will be commissioned as necessary. Bailment warehouse records have been reviewed to confirm lien positions and ensure obligations are properly disclosed and managed.”
What happened to the horses? What happened to the cars that Ford Motor Company wants to be paid for? Mostly I wonder about those four legged eating machines.
“Cash Management. The Receiver will continue to have rigorous oversight of all disbursements, requiring prior approval for significant expenses. Bank accounts will be reconciled on a daily and weekly basis to ensure the integrity of records and detect irregularities promptly. Forward-looking projections will continue to be refined and stress-tested to account for potential sales fluctuations, ensuring that the Company remains prepared for varying operational outcomes.”
Someone was stealllinnnnnnng.
“The Receiver team spent considerable time assessing the current operations of the Company. As a result of those assessments, the Receiver made significant cuts to the operational expenditure of the Company, including reducing its workforce by thirty-four employees, or 38%. Some of the more recent headcount reductions include reductions in management personnel.”
Will there be a need for a Bye Kate!?
I hope they taught satire at whatever law school she went to.
“The Receiver continues to evaluate the workforce and expenditures of the Company, in an effort to increase its operational efficiencies and become more profitable. This has led the Receiver to make additional spending cuts to both administrative and sales budgets to improve overall business efficiency and maintain cash liquidity. These activities include an increased focus on working capital management in the areas of accounts receivable and inventory.”
“The Receivership team has focused recent efforts on improved collections which has reduced gross AR from $3,680,121 at year end 2025 to $2,877,092 at the end of March 2026. This represents an increase of $803,029 (22%) in improved collections.”
“Investigation & Forensic Review. The Receiver will continue his review of historical financial records and intercompany transfers to uncover any irregularities or potential recovery opportunities. Special focus will be placed on officer and insider compensation, travel and marketing expenditures, and the identification of potential preferential or fraudulent transfers.”
Well well well. No wonder The Weaver (TM) is grounded. Wait until they figure out that some of these “market visits” are also about meeting lawyers.
“As necessary, tax advisors will be engaged to quantify exposures associated with the unfiled federal and state income tax returns dating back to 2018. The Receiver will also evaluate potential claims or causes of action that could be pursued for the benefit of creditors, with a focus on maximizing recovery and ensuring equitable treatment of all stakeholders.”
Sounds like some folks are going to have to justify a lot of things.
“Conclusion. The Receiver has implemented robust controls to stabilize operations, enhance transparency, and identify key risks. Substantial challenges remain, particularly in areas such as tax compliance, accounts payable, and related-party transactions. The Receiver will continue to prioritize transparency, creditor protection, and preservation of value while working closely with all stakeholders to achieve the best possible outcome for the estate.”
Shameless self promotion here. I should charge myself a dollar for this nonsense.
CHALLENGES TO RECEIVERSHIP
“Cash flow continues to be a major challenge to this receivership. As demonstrated by the data included in the Financial Report above, the Company continues operating at a loss. At this juncture, the Company is only able to maintain operations due to (a) cash infusions by Farm Credit, (b) significant reductions to operational expenses, and (c) professional fees coming in substantially below budget.”
A local store, that The Weaver (TM) recently visited, now has CASES of Uncle Nearest on clearance for $24.99. Doubtful this kind of thing will ever result in additional orders, which is what UN needs desperately.
“Due to a variety of factors (for example, credit holds on product shipment, legal fees incurred by the Company, and the impact of this litigation on sales), revenue collections were down significantly when the Receiver assumed control of the Company. The distress of the spirits market as a whole, the reduction of worldwide demand for alcohol, and the impact of tariffs on international sales continue to depress sales. Moreover, litigation such as this always has a negative impact on sales, as a company’s employees, vendors, and business partners grow concerned about the long-term viability of a company in receivership. Recent pleadings filed in this Court and in the Bankruptcy Court by Fawn Weaver and Keith Weaver, as well as lawsuits filed in Tennessee and New York state courts, have further damaged the value of the brand. The Receiver bases this conclusion upon his conversations with creditors, vendors, employees, shareholders, Receivership consultants, and potential investors.”
Pardon the pun, but UN is a CATastrophe.
“Another challenge to this receivership is the ongoing threat of significant litigation. As mentioned in prior pleadings, the Receiver has fielded dozens of calls and emails from creditors and shareholders threatening the Company and/or its officers and directors with litigation. The continued stay of litigation, as provided for in the Receivership Order, is critical to maintaining normal operations of the Company. Even with the imposition of the stay, the Receiver believes that litigation initiated by (or potentially against) Fawn Weaver and Keith Weaver poses a threat to the Company, in terms of value of the brand, the confusion that the litigation creates in the market, and in terms of focus of officers, directors and employees.”
I mean, the Menos case goes live in July, but also, it’s not out of the question for Fawn and or Keith to be sued as individuals. I wonder if The Keith (TM) is shielded in anyway from being sued for his other entities. Also, don’t rule out an investor lawsuit against either board member John Eugster, or First Dominion, or the Weaver’s suing them first.
CONCLUSIONS, RECOMMENDATIONS AND REQUESTS
“The Company is insolvent. The Receiver believes that the Company would be forced to cease operations within thirty days without: (a) continued cash injections by Farm Credit;
(b) the stay of litigation provided for in the Receivership Order; and (c) the legal, financial, and operational guidance of the Receiver and his team of consultants. The cessation of business would cause the loss of nearly 70 jobs and the disappearance of a brand with significant social and cultural value.”
THE. COMPANY. IS. INSOLVENT.
“The Receiver continues to believe that the Company’s business and brand have a future. In order to maximize that value, the Receiver believes that all non essential, non-income producing assets must be liquidated as soon as possible, and a sale of the Company as a going concern must be completed by no later than the second quarter of 2026.”
I don’t usually disagree with Cap’N Phillip, but I think the significance of UN is over and done with. The brand has been deeply discounted by an awful lot of markets, and when that happens, shops usually won’t return to it. I do notice here that the receiver is no longer mentioning the possibility of refinancing, and is now just talking about selling by the end of the 2nd quarter of 2026. Do the math kids, like 2 months from now? We are closer to the end of the bank lawsuit than ever, but far from done with what happens after that.
Drop your suggestions in the comments. Best suggestions get a repost.
UPDATE 4/9-
Ok, Cap’N Phillip has come to the court with some filings, mostly receipts in favor of sanctions. Expect a slew of responses from The Weaver (TM) that will probably be 14,153 pages saying “nuh-uh” it’s the bank/senzaki/the one armed man’s fault.”
Anyway, before we break down the receipts, I have some things on my mind.
There have been a lot of fraudulent practices in spirits over the last two years, and all of them have moved fairly quickly through the courts, except for this one. It’s beyond strange at this point that inclusion has yet to be ordered.
It’s beyond strange that the SEC hasn’t absolutely charbroiled John Eugster.
It’s beyond strange that The Weaver (TM) continues to be able to make ridiculous claims about receivership’s ending, and submarine the value of the company to potential buyers, and put up front company investors/buyers.
It’s bey0nd strange that Humble Baron Employees cannot get their W2’s because The Keith (TM) didn’t pay Paychex the money he owed, and now HB folks will have to file extensions….
It’s beyond strange that the bank just keeps throwing money into a 5 alarm fire. This receivership should have been six months tops. We’re approaching a year, with zero end in sight. Even with inclusion, there will be appeals, and every single point will be breathlessly argued to the point of stupidity. Things ain’t adding up, and while I do expect indictments, and all kinds of other legal things to happen, what the fuck is taking so long?
Ok, now let’s break some things down.
“Receiver’s Notice of Exhibits to the Receiver’s Expedited Motion for Sanctions and Other Violations of the Court’s Orders”
“The Manual Notice contains seven (7) video files that are to be included with the Notice of Exhibits but cannot be uploaded into the Court’s CM/ECF system. A description of the manual filed exhibits are as follows:
“Exhibit 8 – Video file of February 5, 2026 Instagram Video posted by Fawn Weaver (@fawn.weaver)
Exhibit 9 – Video file of February 12, 2026 Instagram Video posted by Fawn Weaver (@fawn.weaver). Video 1 of 3 of Mrs. Weaver’s “Heist of Uncle Nearest series”
Exhibit 10 – Video file of February 12, 2026 Instagram Video posted by Fawn Weaver (@fawn.weaver). Video 2 of 3 of Mrs. Weaver’s “Heist of Uncle Nearest series”
Exhibit 11 – Video file of February 13, 2026 Instagram Video posted by Fawn Weaver (@fawn.weaver). Video 3 of 3 of Mrs. Weaver’s “Heist of Uncle Nearest series”
Exhibit 12 - Video file of March 17, 2026 Instagram Video posted by Fawn Weaver
Exhibit 13 – Video file of Sonjie D TikTok post of Mrs. Weaver speaking at CIAA conference in Baltimore, Maryland. Video 1 of 2.
Exhibit 14 – Video file of Sonjie D TikTok post of Mrs. Weaver speaking at CIAA conference in Baltimore, Maryland. Video 2 of 2.”
Anyone with 1/3 of a brain knew that these videos would come back to bite The Weaver (TM) in the arse. Cap’N Phillip is like here are the receipts of defiance, obstruction, and interference. And since The Weaver (TM) did this on her own accord, she can’t dispute what she said. The Court told them to not fight this case in the public, and since she did, it’s now officially in the court record. A rake that could have been avoided, but not by The Weaver (TM).
“The Court has explicitly forbidden public comment about these proceedings and interference with the receivership. In its Paragraph 11 of its Order Appointing Receiver (Docket No. 39), the Court enjoined: “Interfering with, obstructing, or preventing in any way, the Receiver’s actions pursuant to this Order, including, but not limited to, any and all actions that may damage the brand and reputation of the Receivership Assets in any form, whether written, verbal, and disseminated through any medium” and “Interfering in any other way with the Receiver, directly or indirectly.”
Uh oh, Cap’N Phillip is going to show some things……
Why she tried to screw up this incredible brand is beyond me.
“Even more directly, in its January 23, 2026, Order, the Court provided: Finally, the Court will provide the parties with a word of warning. It has been repeatedly represented to the Court that this case has drawn significant media attention. The Court is not blind to the fact that when a case captures the public’s interest, the parties often end up litigating two cases, one in the court of law and the other in the court of public opinion. In such circumstances, a party’s legal arguments are often informed by public relations concerns. This is both commonplace and understandable. However, there is a fine line between litigating a case while keeping public relations implications in mind and using the justice system as a vehicle to promote a specific narrative. And while the Court permits the former, it will not tolerate the latter. The Court will not allow either the February 9th hearing or these proceedings more generally to be used as a public relations campaign. If the Court finds that any party is using these proceedings for an improper purpose rather than to resolve the underlying issues, then that party and/or their counsel may be sanctioned. “
Seems pretty clearcut to me, so the Judge should rule on this by the time the next Artemis mission lands humans back on the moon.
“Subsequent to these orders but prior to the Court’s hearing on the Reconsideration Motion and the Related Entities Motion, on February 9, 2026, Ms. Weaver began commenting about this case and releasing videos about this case on Instagram, in contravention of this Court’s orders. The videos continued after the February 9, 2026, hearing and throughout Ms. Weaver’s attempts to file unauthorized bankruptcy cases for these receivership entities.”
She made sure we all heard it from her first, because she loves to muddy the waters.
“As Ms. Weaver has previously stated to the Court, she fully understands and intends the impact of her postings and comments on Instagram. “If it is terminated, if it is terminated today, say, for instance, if it is terminated today and I walk out onto the front of the courthouse steps and I simply put up a social media post – and the irony of this conversation about media is I haven’t said a single thing in the media since this began because I never wanted to influence anything that was said in the media.” Hearing Tr. 240:8-14 Feb. 9, 2026.”
She lied. In court. Not the first time. Not the last.
“No, that’s not what I testified. But I appreciate your – what I said is that if I went to the courthouse steps and said Uncle Nearest is back in my hands, every store with Uncle Nearest across this country would sell out, the same thing that happened when you filed the lawsuit. The moment that happened, I went on social media and I said, I can’t really tell you-all what’s going on right now because I’m under a gag order.” Hearing Tr. 253-254:24-7 Feb. 9, 2026.”
She lied in court again, and not for the last time.
“The below is a list of those videos and press release which the Receiver believes violates this Court’s orders, along with a brief description of each exhibit. Each exhibit contains a transcription of the video in question, as such, the Receiver will not belabor the Court with a multitude of quotes from each video. The Receiver will separately provide the video files to the Court through the Court Clerk.”
You ready for receipts? I’m ready for receipts.
Pistachio loves receipts.
“Exhibit 1 – In this video, Ms. Weaver encouraged or suggested her followers appear at the Courthouse on February 9, 2026, to watch the hearing. Additionally, Ms. Weaver stated that she had a target on her back, and that “What we’re witnessing is literally an attempt to robbery in broad daylight.”
If you recall, they had to move this to a bigger courtroom because of this dumb video. This to me always read as an attempt to intimidate, or impress.
“Exhibit 2 – Ms. Weaver gives her in-depth analysis of the testimony from the February 9 hearing, including her analysis of the Receiver’s testimony. These are simply additional attempts to try this matter in the media rather than the Courtroom.”
Don’t think I don’t have a calendar reminder set for May 9th to download that transcript, because from what I have learned, The Weaver (TM) did NOT do well on the stand.
“Exhibit 3 – The beginning of the video seems to insinuate that because Farm Credit Mid-America, PLC (“FCMA”) is providing funding to the receivership, that the Receiver is somehow biased. Ms. Weaver repeated Mr. Anthony Severini’s testimony in which he claims he was misled by the Receiver and that the Receiver committed fraud. Again, this is Ms.Weaver’s commentary on the testimony where she picks the single lines of testimony (which occurred over the course of a 7-hour hearing) that aids her narrative that a “heist” is occurring in this Court.”
I cannot wait to read them to you all, line by glorious line on 5/10.
“Exhibit 4 – This is the final video of the series and Ms. Weaver wraps up this series by highlighting certain portions of her own testimony, including accusations that her name has been slandered and smeared. Finally, Mr. Weaver highlights the Court’s own comments at the hearing. Again, these are more attempts to use the judicial system as a vehicle to promote Ms. Weaver’s narrative and turn this matter into a public relations campaign, contrary to the Court’s clear instructions.”
“Exhibit 5 – Ms. Weaver claims that the receivership of Uncle Nearest has been concluded. Additionally, Ms. Weaver details the lawsuit that she, Mr. Weaver, and Grant Sidney filed against FCMA alleging that FCMA made false accusations against them. Finally, Ms. Weaver outlines why she filed the unauthorized bankruptcy petitions. This video, the press release outlined below, the lawsuit filed against FCMA, and the unauthorized bankruptcy petitions were all filed in coordination to attempt to control the public opinion through their court filings. All of those items were specifically coordinated and occurred within hours of each other.”
This will forever be arguably, one of the dumbest things she ever did. Other than defraud investors, not pay employees and vendors, run the company into receivership of course.
“Exhibit 6 - This is a series of two videos wherein Ms. Weaver is speaking at a CIAA conference in Baltimore, Maryland. The videos were uploaded by an audience member Sonjie D to the TikTok platform. The videos show Ms. Weaver providing commentary about the testimony provided at the February 9 hearing. Ms. Weaver also tells her audience that the Receiver requested Ms. Weaver sign an NDA in order to review certain sales projections and financial information. Ms. Weaver then immediately states that she filed this information with the Court, in willful violation of the NDA. Ms. Weaver, again, illustrates certain portions of the hearing testimony that she deems is most appropriate for the press coverage. These videos do not provide Ms. Weaver’s entire session at CIAA, so the Receiver is unsure what other items Ms. Weaver may have discussed at that conference.”
Sonjie D made it to the court record, but not Kandi, or one single cat? Outrageous.
“Exhibit 7 – Concurrently with the unauthorized bankruptcy filings, Ms. Weaver, Mr. Weaver, and Grant Sidney published a press release that announced and outlined the lawsuit filed by Ms. Weaver, Mr. Weaver and Grant Sidney against FCMA in New York state court. The press release alleges that FCMA committed an intentional smear campaign against the defendants to this action and includes direct quotes from Ms. Weaver. The press release also highlights the unauthorized bankruptcy filings, which they claimed were “bringing the court-appointed receivership to an end.” The result of these public communications has been widespread confusion and distraction to the work of the receivership and this litigation.”
I stand corrected, this press release was the dumbest thing she did after running the company into receivership.
“These exhibits outline a clear disregard for the Court’s orders and a willful attempt to try this matter in the court of public opinion through social media and other avenues. The Receiver asserts that these exhibits provide sufficient evidence to grant the relief requested in the Expedited”
We’ve been saying so all along. Now the Judge will probably wait until his grandchildren graduate medical school before ruling.
Ok, so what’s next? Sure, we will see the responses from The Meowvants (TM) soon, and we should have a monthly report to pick over this week or next. Stay tuned, it’s not over yet.
Alphonse is all of us right now. What judge doing?
UPDATE 4/8-
As we get to another deadline, and The Weaver (TM) begins her transformation int0 some kind of David Koresh, here comes the receiver with a notice of additional words about appraisers for That Damned House (TM).
“Upon receipt of the Court’s Order, the Receiver asked his real estate professional, Jennifer DaSilva of Compass Realtors in Edgartown, Massachusetts to provide additional information regarding the willingness and availability of Harlan Gibbs, Jeffrey Ciciora, and Shelly Medeiros. Ms. DaSilva reported that Mr. Ciciora was unwilling to participate given the nature of the related lawsuit and that Mr. Gibbs and Ms. Medeiros have now retired. The Receiver submits that Mr. Bill Cleary was provided in the Receiver’s initial list of Appraisers, was unopposed by the Defendants, and remains available to perform the work.”
Mr. Ciciora probably enjoys his dog Fred, a nice Cabernet, long walks on the beach, and not getting metaphorically slaughtered by the culties over a dumb lawsuit. Also, Mr. Bill is about to be opposed in 3….2…..1….
“His current turnaround time is twenty-one (21) days from order date. Given the recent retirement of Mr. Gibbs and Ms. Medeiros and the Defendants’ objection to Mr. Bellas, the Receiver submits the below additional appraisers and information for this Court.”
“Bill Cleary; Martha’s Vineyard Real Estate Appraisers (Previously Provided) – Martha’s Vineyard Appraisers was the first real estate appraisal company established on Martha’s Vineyard. Mr. Cleary has been performing appraisals in Martha’s Vineyard since 2004. He specializes in appraisals of residential, commercial, and land use. When asked for a timeline, he indicated that he could perform an appraisal in approximately 21-28 days.”
“Nick Fernandez; Network Realty Service – Mr. Fernandez is the owner of Network Realty Service and is located in Sandwich, Massachusetts on Cape Cod. When asked for a timeline, he indicated that he could perform an appraisal in approximately 7-10 days.”
“Tom Garrahan; Thomas Garrahan Appraisals of Cape Cod – Mr. Garrahan is a certified appraiser who has appraised real estate on Cape Cod and the islands since 1991 and has experience with residential and commercial properties. Mr. Garrahan is located in Sandwich, Massachusetts on Cape Cod. When asked for a timeline, he indicated that he could perform an appraisal in approximately 2 weeks.”
“Neil Maloney; Hartel Realty – Mr. Maloney is a certified appraiser and is associatedwith Hartel Realty, which is located in Falmouth, Massachusetts on Cape Cod. When asked for a timeline, he indicated that he could perform an appraisal in approximately 21 days.”
This is the first filing in what is likely to be a few more. The deadline for the receiver was 4/9 to file, and The Weaver (TM) has a week to respond. I don’t expect Fawn to approve of any of the appraisers, because she doesn’t want that house sold if she can avoid it, even to friends. We also expect a monthly update to be filed any day now as well.
That’s the $350 million question
The Weaver (TM) was so full of glee when she did that FawnTok (TM) video about filing for bankruptcy. Weird.
UPDATE 4/2-
I hope you all survived the tomfoolery of April Fools Day, and instead enjoyed the Artemis II mission like I did. Wow, rocket to the moon, with humans aboard. I know we’ve done this before, but still. What a crazy thing for humankind. I tried a new medium roast cold brew from Costco and nope. I’m a dark roast dude, so this will be my last medium I ever do. It wasn’t bad like the previous one, but it’s just not robust enough. Anyway, today’s update will feature some quick hits and things on my mind.
I wonder if John Eugster can be sued separately from First Dominion?
Same goes for Chris Anci.
What’s the polymarket bet on when The Weaver (TM) starts blaming Eugster publicly?
Eugster is probably going to face some very hard questions about what he knew, when he knew it, and why he kept those things from investors.
Did you know that the next Oakland Raiders (sorry, Las Vegas) owner after Marc Davis will be Egon Durban of Silver Lake Partners fame? Also a key player behind UN.
Silver Lake Partners…. connected to UN.
Did you see the story about the Kentucky distiller that was indicted for fraud? Yeah, peanuts compared to this case, bet on a similar outcome.
In the bankruptcy case filing, that was dismissed, and now on appeal, Amex requested all papers and documents as it moves forward.
So did Ford Motor Company.
I think back to the investors who ponied up for Series E, only to find out a massive bank loan was taken out at roughly the same time.
The thing about this enterprise is that it always needed more of “other peoples money” to continue. There was always a need for more more more, and they never ran anything resembling a functioning business.
The Weaver (TM) is about as good a bartender as she was (key word, WAS) a CEO.
Notably the one of the worst of the internet, Sunday With the Deceivers, has now spilled out into the work week. Did you notice how the food has become more “relatable” and less “out of touch?” We’ve moved on from the halcyon days of Caviar Quesadillas, and Caviar Chicken Nuggies haven’t we? What’s next? I’m waiting for the Hamburger Helper with no hamburger moment.
How Keith sleeps at night, knowing the harm he’s caused….. KNOWING.
I wonder what Michael Collins is billing The Meowvants (TM) per hour. Not that he’ll get that money, but I’m curious as to what his MSRP is.
Same goes for Kitten Kelli.
For no understandable reason, I wonder if Fawn drinks Pepsi out of a plastic cup.
With April 9th being the filing deadline for the appraisers, and a week after that for responses from CatGpt, and a monthly report due soon, we will see a boatload of filings and orders the week of the 21st. I think the judge will drop all of the big ones all at once.
Ford wants their monies…..
What about the POINTZZZZZZZZ?!
Humble Baron is a joke, it’s owner more so, and no it’s not an April Fools kind of joke.
UPDATE 4/1-
I generally avoid the internet on 4/1, because honestly I don’t want to spend time verifying every single thing I’m reading. This update is about people that continue to suffer at the hands of Keith Weaver, who is undoubtedly unbothered and unmoved. I hope you have your cold brew, or fridge cig at the ready, because off we go.
A former employee of Humble Baron received a letter last week from Paychex regarding their COBRA/Continuation benefits (insurance). In what was supposed to be an 18 month plan, the letter stated-
“You are hereby notified that your participation and that of your eligible qualified dependents, if any, in the Humble Baron Inc Health Benefits Continuation Plan has terminated on 3/23/2026.
Reason: LOST CLIENT
You may be eligible to convert some or all of your current coverage to an individual policy of insurance. If you are interested in obtaining a conversion policy, contact your insurance provider, or Paychex Individual Services at 844-745-5569.
Claims for expenses incurred before 03/23/2026 must be filed in the usual manner within 90 days following your termination of participation in the plan. Expenses incurred after 03/23/2026 will not be eligible for reimbursement by the plan.
If you have any questions, please contact us at 800-472-0072. Representatives are available to assist you Monday through Thursday between 8am and 8pm ET and Friday between 8am and 6pm ET.
Sincerely,
Paychex Inc.”
First of all this letter was dated 3/26/26. Not a lot of notice. Secondly, the reason for this is Humble Baron didn’t pay their portion of the continuation benefits. Keith didn’t pay the portion of continuation benefits. The employee had their premiums already paid up until May. Humble Baron did not. This employees family just went through some things that they are now on the hook for. Like a really sizable chunk of money for some very serious issues that the insurance should have covered a good portion of.
Unbothered, and unmoved, Keith made lasagna on Sunday, probably knowing full well that his actions, or inactions were about to cause harm to actual human beings.
While FawnTok (TM) thanks employees for staying the course and never faltering, the leaders of these companies continuously fail to do the most basic of things for their employees. .
I wonder if not maintaining a COBRA plan in Tennessee is an ERISA violation.
More proof that Weaver Businesses cannot survive without a steady flow of other peoples money.
Now, where to hang that art on the walls right Keith?
How will FawnTok survive this?
UPDATE 3/31-
Apparently the judge looked at Alphonse’s face and said, whoa, I better issue an order. So he did. It’s quick, and no it’s not the order we are waiting on, but the judge is clearly irked. It’s short, so let’s get to it.
“On March 16, 2026, the Court ordered the Receiver to submit a list of at least five proposed appraisers for purposes of appraising the real property located at 10 Codman Spring Road, Edgartown, Massachusetts and all personal property located therein (collectively the “Martha’s Vineyard Property”). The Receiver timely filed a list of proposed appraisers as ordered. In response, Defendants Fawn Weaver and Keith Weaver objected to one of the Receiver’s proposed appraisers, Matthew Bellas of Bellas Appraisal Services, and generally criticized the Receiver.”
He did, she did and now the judge has some words….
“This is but one example of the acrimony that has found its way into these proceedings over the past several months. It will be the last. While the Court encourages and indeed expects all counsel appearing before it to zealously advocate for their clients, it expects them to do so in a professional and collegial manner. Animosity does not bolster a party’s position, nor does it aid the Court in the efficient administration of justice. Rather, it merely breeds unnecessary hostility and adds friction to even the most routine matters. The Court will not tolerate this. Going forward, the Court expects all counsel to focus their efforts on resolving the issues in this case, not trading barbs with one another.”
Irk Stick activated. That being said, this is soft, and Diet-Hamlet, the Meowvants (TM) clearly despise Cap’N Phillip who won’t even speak to them without counsel. Expecting everyone to play nice at this point is like expecting Taylor to stop sleeping with Dakota.
“Having considered the proposed candidates, the Court finds it needs more information before it can appoint three appraisers as required by 28 U.S.C. § 2001(b). Of the four unobjected- to candidates, it is unclear whether three—Jeffrey Ciciora, Harlan Gibbs, and Shelly Medeiros—would be willing to appraise the Martha’s Vineyard Property and if so, how long it would take them to perform an appraisal. Accordingly, the Court hereby ORDERS the following:”
“On or before April 9, 2026, the Receiver SHALL supplement his prior list of proposed appraisers [Doc. 182] to definitively state whether Jeffrey Ciciora, Harlan Gibbs, and Shelly Medeiros would be willing to appraise the Martha’s Vineyard Property and if so, how long it would take them to perform an appraisal. The Receiver may also supplement his list of proposed appraisers with additional candidates. For each additional candidate, the Receiver SHALL list the proposed appraiser’s qualifications as well as the time the candidate estimates it will take to appraise the Martha’s Vineyard Property. Any objection to a new appraiser candidate must be filed within five days of the Receiver supplementing his prior list of proposed appraisers.”
If I’m the receiver I’m submitting eleventy-seven-thousand appraisers (fully vetted according to the order) just to ensure that the objections don’t continue to delay things. From now until infinity, I’m making certain that every single filing is grotesque overkill, forcing Michael Collins to rack up billable hours that will never be paid. Side note- What’s the over/under on Michael Collins being replaced at some point?
“In lieu of submitting the information described supra paragraph 1, the Receiver may either (i) move to withdraw his motion to sell the Martha’s Vineyard Property in its entirety or (ii) move to amend his motion to request permission to sell the Martha’s Vineyard Property via public auction in accordance with 28 U.S.C. § 2001(a). SO ORDERED.”
Ohhhhh a public auction…. Perhaps the BroFundMe’s can come up with a fistful of dollars for that one.
Alphonse is also irritated by the lack of judging by the judge.
UPDATE 3/28-
Of course it was a quiet week, I had time to spare, and when I didn’t everything on earth got filed. Ahwell, we are about to head into Sunday with the Deceivers (TM) (A show desperately in need of cancellation) so of course there’s an update to be had, and this time it’s an objection by the Weavers. I’ve got cold brew, the cats have been fed their breakfast (yeah, they get multiples a day, I’m pretty sure we’re the only food source for this colony), and The Weaver (TM) thinks ICE is Nice which I did NOT have on my The Weaver (TM) bingo card. Well, at least she hasn’t thrown any barstools at Dakota, errr I mean Keith.
Buckle up, we got some nonsense.
LIMITED OBJECTION BY FAWN WEAVER AND KEITH WEAVER TO RECEIVER’S NOTICE OF MARTHA’S VINEYARD APPRAISERS [Dkt. 182]
“Fawn Weaver and Keith Weaver, by and through their undersigned counsel, hereby provide this limited objection to the Receiver’s Notice of Martha’s Vineyard Appraisers:”
I’m fairly certain the Meowvants (TM) will object to everything from here on out.
“Ms. Weaver asserts that Matthew Bellas and Bellas Appraisal Services is not disinterested because, as indicated in the Receiver’s Notice, Mr. Bellas and his firm have been engaged by the proposed buyers’ lender to appraise the Martha’s Vineyard Property at issue and performed such appraisal on its behalf in conjunction with this proposed sale. Clearly, Mr. Bellas and Bellas Appraisal Service have a connection to the buyers that creates a conflict of interest or renders those entities non-disinterested with respect to engagement on behalf of the Receivership Estate.”
Deep breath….. Yes, the appraiser has a connection to the buyers because they appraised a house that was for sale, which is the nature of their actual business, which is, appraising property. Speaking of connections, The Weaver (TM) objects to the appraiser because of their connection to the buyer, who is connected to The Weaver (TM).
“The Weavers further question whether the Receiver’s effort to identify appraisers that can appraise the Martha’s Vineyard Property was comprehensive. Of the five appraisers listed by the Receiver, only one appears to be a valid option by the Receiver’s own comments. A simple and quick “Yelp” search for “residential real estate appraisals” in Martha’s Vineyard yielded numerous other potential appraisal firms, including:”
They probably question the type of underpants Cap’N puts on in the morning. Also, Yelp? lol. The Youths don’t Yelp. Cap’N isn’t old enough to have spent quality time on Yelp. This is such a old head reference.
“a. Cullen Real Estate and Appraisal Company;
b. Cape Cod & Islands Appraisal Group, LLP;
c. Clancy Appraisal Company;
d. MV Appraisal;
e. Appraisal Company of Cape Cod;
f. Jeff Pennini Appraisals.”
Yelp. I can’t. Was AngiesList, or Craigslist, or Foursquare not an option?
“Although there may be a small number of appraisers that the Receiver’s real estate agent uses, the reality is that a lot of the real estate work on Martha’s Vineyard comes from professionals from off of the island, in Boston, Falmouth, MA, and the greater Cape Cod area. The Weavers assert that finding appraisers to handle appraisals on Martha’s Vineyard is not as difficult as the Receiver has indicated.”
At least they did the heavy lifting for the receiver, Yelp, my god, this entire thing just gets more and more exhausting .
The Judge has got to stop oversleeping.
UPDATE 3/26-
I was going to post a missing judge cat picture today, but then the judge went and dropped an order. No, not the one we’ve all been waiting for, but the one about sanctions, no, not the one we’ve been waiting for… This order was in response to The Weaver (TM) request to respond to the sanctions request. It’s short, so we’ll break it down, but also I wanted to just note that we are now on the 186th filed document in this case. In the bankruptcy court, which I’m not breaking down (just bringing tidbits here and there) they are now up to 75 filings in just over a week. Kitten Kelli putting in the work she’ll likely never get paid for. Oh well, on with the order.
In recent filings, the Receiver, Phillip G. Young, Jr., has accused Defendant Fawn Weaver of disregarding this Court’s directives. This has culminated in the currently pending Expedited Motion for Sanctions wherein the Receiver requests that the Court fine Ms. Weaver and/or her legal counsel for (1) filing unauthorized Chapter 11 bankruptcy petitions on behalf of Defendants Uncle Nearest, Inc., Nearest Green Distillery, Inc., and Uncle Nearest Real Estate Holdings, LLC and (2) Ms. Weaver going on a “media blitz” regarding these petitions in continuation of “a troubling pattern…of…ignoring this Court’s orders to refrain from trying this case in the media and/or social media.”
It appears that the judge does not spend time on the internet like the rest of us do, so…..
“The Court’s Orders are not suggestions, and the Court takes any accusation that a party has failed to abide by its directives seriously. Accordingly, the Court hereby ORDERS the Receiver to file and serve upon all parties all materials he believes show Ms. Weaver has violated one or more Orders of the Court. The Receiver SHALL file and serve these materials on or before April 9, 2026. Because Ms. Weaver has not yet had the opportunity to respond to this forthcoming evidence, and because the Receiver requested an injunctive sanction for the first time in his reply brief, the Court will permit Ms. Weaver to file a sur-reply addressing these matters on or before April 16, 2026. Ms. Weaver’s Motion for Leave to File Sur-Reply is therefore GRANTED.
SO ORDERED.”
This judge has become so methodical, (and to us, plodding) that every thing before the court has to be carefully considered, lest The Weaver (TM) not understand. The part that says “The Court’s orders are not suggestions…” is his warning to knock it off. Even a one-eyed cat can see that she will not in fact, knock it off without sanctions.
Quick filing from Farm Credit. No opposition to appraisers.
UPDATE 3/25-
Quick update, the bank filed a notice of no objection to the appraisers submitted by the receiver (image above). And right after that The Weaver (TM) filed a “please let me file something” motion. Let’s go over the rehash.
MOTION OF FAWN WEAVER FOR LEAVE TO FILE SUR-REPLY TO RECEIVER’S EXPEDITED MOTION FOR SANCTIONS
“As has become the norm in this case, the Receiver has sought relief in an initial motion with little to no factual support or legal analysis, then has sought to make new legal and factual assertions in his filed reply in an apparent effort to deprive the respondent of an ability to provide a meaningful response. With respect to the current pleadings, as noted in the Response filed by Ms. Weaver, the Receiver’s Motion makes generalized allegations with little or no specific factual assertions or legal analysis to support the requested imposition of sanctions. In his Reply, he then proceeds to make a series of factual allegations that were not included in his initial Motion.”
Essentially, the receiver didn’t have facts, until he then submitted facts, and now that I don’t like those facts, I wanna talk about it.
“Since Ms. Weaver has not had an opportunity to address these new assertions and allegations, Ms. Weaver requests leave to file a sur-reply to address the same. As a matter of Due Process, especially where the Receiver seeks imposition of extreme relief in the form of sanctions and injunctive relief, Ms. Weaver should be allowed an opportunity to rebut the additional allegations and arguments that have now been raised in the Receiver’s Reply.”
Perhaps an IG Reel would do the trick?
“WHEREFORE, Ms. Weaver respectfully requests that the Court authorize her to file a sur- reply with respect to the Receiver’s Expedited Motion for Sanctions and grant such other and further relief as is appropriate.”
You know what relief everyone needs at this point? Relief from frivolous filings, expect more of these if a gag order is placed.
The Weaver (TM) is a Rakes R Us cat.
UPDATE 3/24-
Ok, we got some things for you today. First, let’s update a few things from the payroll mess. Then we have a filing from the receiver to go over. I’ve got my glorious cold brew, so I’m ready.
For the person that messaged me saying I’m a terrible human, and that I should be ashamed for posting the salary information, you are welcome to kiss both sides of my behind. It’s public record BECAUSE FAWN WANTED IT TO BE.
The information is out there and it’s being widely circulated, the screenshots were making the rounds even before my posting, and still are. There is nothing salacious or scandalous about salary information. Fun fact- the National Labor Relations Act protects employees' rights to talk about their pay and other working conditions, so even though I’m not an employee, please, kindly go kick some rocks. Also, why are you even here sniffing around?
Zealots are exhausting. Anyway, let’s get on with our day.
Remember Nicole Carter, who is listed as a Brand Steward and was at $95,287.66? Would it surprise you to learn that Nicole hasn’t worked for Uncle Nearest since August of 2025? Weird right? Why was she listed by The Weaver (TM) in her filing as currently getting a check? Well, it could be part of a deferred severance agreement. Not saying it is, but it could be that. Or it could be something untoward?
I would love to see what their commandments look like, because there are a few in the original text that are being ignored.
REPLY TO DEFENDANT FAWN WEAVER’S RESPONSE IN OPPOSITION TO THE RECEIVER’S EXPEDITED MOTION FOR SANCTIONS
“The Bankruptcy Court conclusively found that Fawn Weaver lacked authority to file bankruptcy petitions on behalf of Uncle Nearest, Inc. and its affiliated entities.”
Conclusively.
“Much of Defendant Fawn Weaver’s Response, filed just hours after the United States Bankruptcy Court for the Eastern District of Tennessee (the “Bankruptcy Court”) dismissed her bankruptcy filings as being unauthorized, inexplicably focuses on why she is nonetheless authorized to file the bankruptcy cases.”
CatGPT is the worst kind of echo chamber, that’s why.
“These arguments ignore both the conclusion reached by the Bankruptcy Court, and the language which the Bankruptcy Court used to describe Ms. Weaver’s unauthorized filings.”
Mrs. Weaver has never liked to be told no.
“For example, the Bankruptcy Court’s Order1 dismissing the bankruptcy cases stated:
“As stated by the Court in its decision delivered from the bench, the Order Approving Receiver leaves no doubt concerning who has the authority to act on behalf of the Debtor, including but not limited to authority to file a bankruptcy case, and who does not have any such authority.” (bold type added; italics in the original).
A plain reading of the foregoing terms makes it clear that Mr. Young alone has the decision-making authority on behalf of the Debtor, and paragraph 10.q is simply a clarification of such authority includes bankruptcy.” (emphasis added).
That paragraph 10.q does not expressly state that Mr. Young has the exclusive right to file a bankruptcy case is immaterial because paragraph 9 has already made clear that all rights under the Order Approving Receiver belong exclusively to Mr. Young. . . .” (emphasis in the original)
Further, the Order Appointing Receiver expressly authorizes only Mr. Young to act on behalf of Debtor with respect to actions that must be authorized or accomplished by a board of directors for a corporation or its members for a limited liability company, including the authority to file a bankruptcy case for the company.” (emphasis in the original).”
The original order was clear to everyone but Kitten Kelli (TM).
There will probably be a Shawshank, but not a redemption.
“The Bankruptcy Court left no doubt that (a) Fawn Weaver was not authorized to file bankruptcy petitions on behalf of the entities subject to this receivership, and (b) that it was clear from the very face of this Court’s Order Approving Receiver that the bankruptcy filings were unauthorized.2 This Court need go no further in its analysis of whether the bankruptcy filings were lawful or whether there was a good faith basis for believing that they were; the Bankruptcy Court has made clear that there was no basis for Fawn Weaver to believe that she had authority to sign bankruptcy petitions on behalf of any of the receivership entities. Ms. Weaver is precluded from arguing otherwise to this Court, given the Bankruptcy Court’s order.”
Groundwork laid for sanctions…..
“Despite this, Fawn Weaver immediately appealed the Bankruptcy Court’s ruling and texted all employees of the receivership entities to notify them that she had appealed the Court’s ruling, causing further confusion (as addressed below).”
Isn’t The Weaver (TM) supposed to be a marketing person for UN per the order to place a receivership? Why would a non-CEO be emailing and texting employees about court related things?
“This Court has authority to issue sanctions for violation of its own Orders.”
“In her Response, Fawn Weaver argues that, in the Sixth Circuit, a court must find “conduct tantamount to bad faith” in order to issue sanctions for violation of its own orders. They also assert that bad faith cannot be inferred from conduct that is reasonably debatable. “
“However, [w]hen a party to litigation is consistently uncooperative, bad faith may be inferred.”
I mean, we all have eyes here, and I think bad faith is pretty much expected these days.
“In this case, there are abundant facts and findings that allow this Court to infer that Ms. Weaver acted knowingly, and in bad faith, by filing unauthorized bankruptcy petitions and talking about them, at length, on social media and to employees, vendors, distributors, and creditors.”
Every time she goes on socials, just expect that it’s bad faith, and that it will inevitably make its way into the court record.
“First, the history of these proceedings demonstrates bad faith. This Court has repeatedly warned Ms. Weaver about attempting to use social media in furtherance of this case. Despite these repeated warnings, she (a) posted on social media, immediately after the February 9, 2026 hearing, that the Receiver and the Plaintiff were conspiring to “steal” her business; (b) reiterated this message and bragged that she was violating a non-disclosure agreement at a presentation in Baltimore, Maryland in the last month; and (c) published a press release and posted a video, both declaring that the receivership “had ended”, within hours of filing three unauthorized bankruptcy petitions.”
There is a reason that the legal strategy of “shut the hell up” is often used in court cases.
“Moreover, this Court has already stricken two pleadings that Fawn and Keith Weaver attempted to file on behalf of Uncle Nearest, Inc., putting them on clear notice that they lacked any authority to take any action on behalf of the receivership entities.”
Told twice. Apparently they need a wet newspaper to the beak.
“Second, Fawn Weaver’s bad faith can be inferred from the findings of the Bankruptcy Court. It found that there was “no doubt” that the Receiver had the exclusive authority to file bankruptcy for the receivership entities. It found that a “plain reading” of this Court’s order made “clear” that Ms. Weaver had no authority to sign bankruptcy pleadings. Finally, it found that this Court’s order “expressly” authorized “only” the Receiver to act on behalf of the companies. In other words, the Bankruptcy Court found that there was no gray area in this Court’s receivership order. The Court can therefore infer that Ms. Weaver filed bankruptcy petitions knowing that she was unauthorized to do so, which constitutes grounds for sanctions.”
Not only did she know she was unauthorized, but Cap’N Phillip TOLD Kitten Kelli (TM) that it was unauthorized, who did it anyway.
These courts have become a Circus of Insanity.
““In addition to monetary sanctions, the Court should enjoin Fawn Weaver from speaking about this proceeding.”
Requesting a gag order is different than enforcing one. The Weaver (TM) is clearly ungovernable.
“Since the filing of the Motion for Sanctions with this Court, the Receiver has learned more about the depth and breadth of the damage caused by Fawn Weaver’s unauthorized bankruptcy filings and her very public communications regarding the bankruptcies and their effect. As discussed in the Motion for Sanctions, Ms. Weaver (through Grant Sidney, a related entity) released a press release declaring that this receivership case was concluded. She also published a six-minute social media video in which she explained that this matter was over and that she was once again controlling the companies. She also sent a text message to all Uncle Nearest employees sharing the same message – and then sent another text message to all employees announcing that she had appealed the Bankruptcy Court’s dismissal of her unauthorized bankruptcy filings.”
That press release was stupid, and just when I thought they couldn’t do something dumber, that video was posted. If there’s a rake to be stepped on, The Weaver (TM) would find it.
“The result of these communications has been widespread confusion. The Receiver has received dozens of communications from employees, creditors, vendors, shareholders, distributors, and potential asset purchasers as a result of Fawn Weaver’s actions and communications. At least two potential asset purchasers emailed the Receiver asking for confirmation that he would be able to deliver title to property, one of whom “put on hold” their work on this transaction as a direct result of Ms. Weaver’s actions.”
Look, I’m a little blogger and my phone was on FIRE all day. I can’t even imagine what Cap’N Phillips phone was like.
“The Receiver received communications from at least five senior Uncle Nearest employees expressing confusion regarding whose directions they were to take. One of these employees resigned, citing the “whiplash” caused by the filings as the primary reason for his departure. A distributor has contacted the Receiver wanting clarification regarding who has authority to bind the company, and payment from distributors has been delayed related to this confusion. Additionally, creditors, vendors, and shareholders by the dozen have been reaching out to the Receiver and his staff seeking guidance on the future of the company as a direct result of Ms. Weaver’s unauthorized filings and her public communications regarding the same.”
And certainly a bunch of people that are owed money…..
“This has to stop. The confusion created around the company since the autumn by Ms. Weaver’s filings and her social media communications has cost this receivership countless hours and hundreds of thousands of dollars. More importantly, she has significantly damaged the brand by these actions. The Receiver asked for a monetary sanction in his Motion for Sanctions. Given what the Receiver has now learned about the confusion caused by Fawn Weaver’s ongoing, incorrect communications, he would also ask the Court to consider fashioning a “gag order” as part of its sanctions against Ms. Weaver. Specifically, the Receiver requests that the Court enjoin Ms. Weaver, Mr. Weaver, and Grant Sidney from discussing this receivership action and/or anything related to this receivership action (including alleged bankruptcy filings) publicly, on social media, with employees, with vendors, with creditors, with shareholders, with investors, and with distributors. An order of this magnitude is the only thing that will allow the Receiver to complete the tasks that this Court has appointed him to accomplish.”
She’s making a mess, he has to clean it up. He’s tired of cleaning up her messes.
“The Court has previously placed a prohibition on officers and directors from making any statements to the media, on social media, or otherwise about this case. (Docket No. 29). This prohibition was lifted upon the filing of the Receivership Order (Docket No. 39). The Receiver states that this prohibition should be reinstated as to Fawn Weaver, Keith Weaver, and Grant Sidney and that it is imperative to the operations of this Receivership.”
Gag order requested. If it’s implemented, who will the sock puppet mouthpiece be? Shall we start a pool?
Did I miss anything?
UPDATE 3/23-
I took a week off from updates because of real life stuff, not because The Weaver (TM) was here in New Orleans. Apparently I didn’t miss much. Bankruptcy filed, Receivership ended, then the receiver went ham AND eggs in court, bankruptcy was dismissed, Receivership NOT ended, Fawn counting her illusory W’s, and we are pretty much where we were when last week began.
I just started pulling the documents down to look at, and while they’re funny, they really didn’t add much to what’s happening so don’t expect a full breakdown on those. I’ll be writing some stuff this week, hopefully we get an order or two.. There is a filing today, and I’ll work that in.
I had to close the last updates page because dear lord it took forever to load, and the lag was finally intolerable. So here’s the new page and here’s what’s on my mind this week with some random hits.
We are waiting for the Three Appraisals on the Martha’s Vineyard house.
We are waiting on the Judges order for inclusion.
Kate makes a boatload of money (more on this below) and Hi Kate! (TM).
French “would you like fries with that” Rankin has a cool name but is a mean girl.
Kitten Kelli got some skibbedypaps.
The photog did her dirty on this one. #CLEARANCETHESHELVES
Now, let’s air out some laundry.
Victoria Eady Butler is an employee of Uncle Nearest (not Nearest Green Distillery), and even though she’s trotted out like a show pony as a “master blender,” she’s listed as the “DIRECTOR OF ADMINISTRATION.” What the hell is a director of administration? I dunno, but she’s paid $120,000.14 a year for doing it. This annual salary does NOT include bonuses, nor the worthless stock options she gets. She holds about 100,000 options. I’ll buy them all for $1.
Matthew Aubrey is a Market Manager (Unsure which one), and Matty makes $113,652.24, not bad for someone who is also not a master blender.
Nicole Carter, who is a Brand Steward makes a paltry $95,287.66.
Chuck Cronkhite who is Vice President of Sales, makes $226,012.54 presumably by selling things at 40% off. Also, owns about 40,000 worthless options.
Lavar Michael Douglas, also not a master blender, but Market Manager, makes $89,105.12 (no idea what market) which is less than Matthew.
Brenton Kyle Doyle another Brand Steward (not the last) makes $82,225.00 (must be new, because no pennies on the salary).
Katharine Jerkens (Hi Kate!) who is the Chief Business Officer and handmaid to The Weaver (TM) makes the breathtakingly stupid salary of $271,215.10. That is presumably why one might be so inclined to concoct dubious sales projections and share that with Captain Phillip who undoubtedly trusts her about as much as I trust a Monk with a Mercedes. She also gets whopping bonuses, and owns worthless shares she bought personally, and she and her husband also own worthless shares, and she gets even more worthless stock options too! Good on ya Kate! Also, fun fact, a lot of people really don’t like her, sorry Kate! She has 100,000 worthless options. She and her husband bought 16,666 series A shares. Lil Ooopsie.
Lauren Landry is a National Consumer Events Manager. Lauren makes $87,000.16 a year. Not sure if that’s too much or too little, and Lauren is undoubtedly liked more thank Kate.
William James Madison another Market Manager, makes $107,099.98. Also not a master blender.
Evette Martinez is kinda sorta Human Resources but ultimately Victoria’s assistant. I’ll bet that Evette enjoys her job very much, keeps a bowl of candy on her desk, and has “never had a bad day in her life”. $91,093.34. Evette might be a wonderful human that happens to have 2,000 worthless options.
Sergio Nicholas another Brand Steward (hey can I be a brand steward too?) makes more then Evette in HR and clocks in at $98,146.36.
Steven Alexander Pollock, Director of Mid West Sales makes $128,520.08 (Clearance the shelves baby!)
Damian Vincent Shine Vice President of National & Global Accounts comes in $157,500.46. He has 40,000 worthless options.
Constance Rachel Stanford, Brand Steward (isn’t Fawn THE Brand Steward?) is the lowest paid Brand Steward at $78,750.10.
Andrew G. Stein is Fawn’s Nephew, and the Manager of Emerging Markets. $107,099.98. I’m sure there are still some emerging markets somewhere right? 2,000 worthless options.
Jeffrey Timms Market Manager $92,400.10.
Alain Abraham Viny Market Manager $115,784.76
Lindsay Walden Executive Assistant $90,001.60.
The Weaver (TM) President (not CEO LOL!) $95,000.10. Notably this “salary” is as farcical as the non-functioning still at the distillery. She gets WHOPPING bonuses, has an EXTRAORDINARILY stupid monthly expense budget (which before the receivership she would just blow through and exceed often), and also, owns a lot of worthless shares in a lot of worthless companies (mostly because she broke them). 2,325,000 worthless options.
Now why would I air out this laundry? Well, I didn’t. Kitten Kelli (TM) did in her filings for The Weaver (TM).
I’m not going to show the rank and file monies, except for Christy Meeks, who is Fawn’s sister, and is paid more than Fawn Weaver is for “Digital Content & Engagement” aka Social Media and comments deleter. Fawn is paid $3,653.85 every two weeks. Christy is paid $3,846.16. Also, she blocked me, so it’s kinda personal (wink wink). I wonder what her bot budget is.
The Weaver (TM) was at one of my favorite stores while she was here, and she signed some unbothered and unmoved bottles.
RECEIVER’S NOTICE OF MARTHA’S VINEYARD APPRAISERS
“Upon receipt of the Court’s Order, the Receiver asked his real estate professional, Jennifer DaSilva of Compass Realtors in Edgartown, Massachusetts to provide the information requested by the Court. Ms. DaSilva reported that it would be difficult to identify five real estate appraisers that routinely operated on Martha’s Vineyard, because the majority of the work is done by two or three appraisers. Ms. DaSilva has provided a list of five appraisers, but one has recently retired. Below is the list of appraisers and the information about those appraisers Ms. DaSilva was able to gather for this Court.”
Cap’N Phillip earning his keep this week big time.
“Jeffrey Ciciora; Munsell Appraisal Service – Mr. Ciciora was born on the island and has been a full-time appraiser on Martha’s Vineyard since 1998. Ms. DaSilva reports that he and Bill Cleary (below) perform approximately 90% of the appraisals on Martha’s Vineyard collectively. When asked for a timeline, Ms. Ciciora asked whether this was the property “with the lawsuits”. He then declined to give a timeline, indicating that he might be unwilling to perform an appraisal.”
Jeffrey clearly wants to not have to appear in court to defend his work against the relentless stupid filings that would be sure to come.
“Bill Cleary; Martha’s Vineyard Real Estate Appraisers – Martha’s Vineyard Appraisers was the first real estate appraisal company established on Martha’s Vineyard. Mr. Cleary has been performing appraisals in Martha’s Vineyard since 2004. He specializes in appraisals of residential, commercial, and land use. When asked for a timeline, he indicated that he could perform an appraisal in 21-28 days.”
“Matthew Bellas; Bellas Appraisal Service – Mr. Bellas is a certified residential appraiser who has been appraising property for 23 years, 10 of which has been on Martha’s Vineyard. Mr. Bellas has appraised this property within the last month for the lender for the proposed buyers. Because of that, he indicated that he could provide an updated appraisal within 14 days.”
“Harlan Gibbs; Martha’s Vineyard Real Estate Appraisals – Mr. Gibbs is a certified appraiser who has appraised real estate on Martha’s Vineyard since 1975. When contacted about a proposed timeline for this appraisal, he did not return the telephone call.”
Who would want to return that call?
“Shirley Medeiros; Medeiros Appraisal Services – Ms. Medeiros is a long-time appraiser on Martha’s Vineyard. However, Ms. DaSilva reports that she has recently retired. It is unclear whether she would be willing to appraise this property for the Court.”
I’m sure we will see a 14571 page filing opposing this.