
08/22/2025
BREAKING: Judge Atchley has appointed Phillip G. Young, Jr. of Thompson Burton, PLLC as receiver of Uncle Nearest. The judge chose to appoint Mr. Young based on the recommendation of Uncle Nearest and not appoint either of the two options proposed by Farm Credit.
Mr. Young served as Chapter 11 debtor’s counsel for some of the largest Chapter 11 cases in the history of the Middle District of Tennessee, including Service Merchandise Company, Inc., Murray, Inc. and Regal Cinemas, Inc.
The 18-page ruling gives the receiver broad powers over Uncle Nearest and related entities. Also, the Receiver is authorized to commence a bankruptcy proceeding under title 11 of the United States Code on behalf of Uncle Nearest and the Subject Entities, if he decides it is necessary.
Entities mentioned in the receivership order include: Uncle Nearest, Inc., Nearest Green Distillery, Inc., Uncle Nearest Real Estate Holdings, LLC, Domaine D’Anatole, Inc., Domaine D’Anatole, S.A.S, UNAH, Inc., S1 Organic Vodka, LLC, UN House MV, LLC, Uncle Nearest Ventures, LLC, and the Nearest Green Historical Preservation & Culture Fund.
Entry of this new order terminates the previous agreed order, which included the gag order.