A court-appointed receiver for whiskey distiller Uncle Nearest Inc. urged a bankruptcy judge to dismiss the Chapter 11 proceeding filed by the company’s founders, saying they didn’t have the requisite authority.
A Tennessee federal court’s order last summer gave receiver Phillip G. Young “broad authority to exercise exclusive control over the assets and operations of all of the receivership entities,” he said in a Wednesday filing in the US Bankruptcy Court for the Eastern District of Tennessee.
Young brought the motion to dismiss a day after founders Fawn and Keith Weaver filed the bankruptcy.
A hearing on Young’s motion is ...
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