The receiver in the case involving Uncle Nearest Premium Whiskey and its creditors is close to a sale of substantially all assets of the troubled company.
The latest (and fifth) quarterly report notes local attorney Phillip Young has been “primarily focused on executing a sale of substantially all assets” of what remains an insolvent company. This comes as at least one Uncle Nearest Inc. employee left their job with the Shelbyville-based spirits maker — with the receiver concerned that others may do the same.
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