I have been completely captivated by Fawn Weaver and the Uncle Nearest brand, which Weaver and her husband Keith built from the ground up. For years, I was blown away by their meteoric rise, purported $1.1 billion valuation, and impact on the bourbon industry. I actually wanted to interview Mrs. Weaver on a podcast I host for women of faith.
As a public relations professional, I was also impressed with the seeming round the clock media coverage Fawn Weaver maintained. Trust me, that isn’t easy.
Perhaps this is why I was surprised to hear about the lawsuit brought by Farm Credit Mid-America against the Weavers, their company, Uncle Nearest Distillery and the Uncle Nearest whiskey brand. In its federal lawsuit, the lender alleged that the Weavers and related loan parties, defaulted on loans totaling $108 million. Now, the company has been placed under receivership and some are questioning if the business is solvent.
To be clear, receivership doesn’t mean the Weavers lose ownership of the company. To the contrary, it means that the court has appointed someone to help turn the company around and preserve the lender’s collateral. On August 22, we learned that Judge Charles Atchley has appointed Phillip G. Young, Jr. of Thompson Burton, PLLC as receiver of Uncle Nearest.
My immediate question upon reading about the Farm Credit lawsuit was how can a company valued at over $1 billion dollars struggle to pay its bills. I didn’t appreciate that a $1.1 billion valuation doesn’t translate to that amount of cash in the bank.
Still, the Farm Credit lawsuit runs counter to the narrative I had about the Weavers and the Uncle Nearest brand. As I’ve dived into this story, almost with cult-like devotion, there are several things that have caught my attention.
Here’s what stands out to me about this lawsuit.
At the same time, Fawn Weaver was on a media blitz promoting her book, “Love & Whiskey,” her company may have been facing serious financial headwinds. Over the past year alone, Weaver has been interviewed on prominent podcasts and featured in outlets such as The Grio, the New York Times, Forbes, Axios, Black Enterprise, NewsOne, etc. Is it a contradiction to highlight the success of your business while simultaneously navigating lawsuits from some vendors and creditors?
Weaver’s characterization of the Farm Credit Mid-America lawsuit is unsettling.
When news of the Farm Credit lawsuit broke, Weaver took to her Instagram account and noted, “the first to speak seems right until someone comes forward to cross examine.” If her company in fact owes this money, which her husband acknowledges they do, why issue such a statement? Such public comments will only anger the court; I fear they will not help the legal case.
Setting this lawsuit aside, it appears that the Uncle Nearest Distillery and brand is in serious debt. To be clear, debt alone isn’t the issue for some creditors. Many businesses (mine included) carry some degree of debt. Being able to service the debt is where creditors place their focus.
The Farm Credit Mid-America lawsuit is not the only one facing the company.
Unfortunately, the Weavers appears to be staring down other lawsuits as well. For instance:
- Garcelle Menos brought a federal sex discrimination, harassment and retaliation lawsuit against Fawn Weaver and Uncle Nearest.
- Billups, Inc., an Oregon-based advertising company filed a lawsuit against Uncle Nearest, Inc. The complaint, filed on May 15, 2025, in the U.S. District Court, District of Oregon, Portland Division (Case No. 3:25-cv-00823), alleges breach of contract and unjust enrichment.
- Pratt Converting Division Nashville LLC sued Uncle Nearest LLC, and had a hearing on August 13.
- On June 6, Packaging Corporation of America won a judgement against Uncle Nearest for $84,751.97 in Bedford County.
- Berlin Packaging won a $2.1 million judgement against Uncle Nearest in July.
In addition to the lawsuits, at least some investors appear to be growing impatient. I’m curious; what is going on with this beloved company?
That Nathan ‘Nearest’ Green, a formerly enslaved master distiller, taught Jack Daniels how to make whiskey, and is finally being recognized for his prowess and ingenuity is admirable. But were we all enticed by a good story? Did we stop asking questions? As a culture, maybe we should be asking ourselves what this lawsuit teaches us about ourselves. Why were so many media outlets interviewing Weaver without scrutinizing the details of her business?
In fairness, I’m not sure how the average person could confirm the valuation of a company. It still baffles the mind that there was headline after headline about how Fawn Weaver built a billion-dollar brand. Yet I don’t recall many articles breaking down how the company reached that valuation and how some in the media confirmed the valuation. This matter is a reminder that the media reports a story, but we have to do our own research.
Saliency in media doesn’t mean a company is profitable
Fawn Weaver is an excellent marketer. In under a decade, she has gone from relatively unknown to a household name, at least for the whiskey lover and the aspiring entrepreneur. But media appearances prove a company or leader has a great story and a savvy PR team. That’s it. Media coverage doesn’t mean that a company is profitable or well-run.
As I end, I want to note that we can celebrate the Uncle Nearest story and brand, and still be curious about the Weavers’ apparent struggles. This doesn’t diminish Fawn and Keith Weaver’s accomplishments. They’ve achieved what many have yet to conceive. Perhaps that is why this is such a sad chapter in an otherwise compelling book.
Jennifer R. Farmer, aka The PR Whisperer®, is an author, lecturer and strategic communications expert. Check out our blog posts and subscribe for updates.