Archive · 26 Oct 2025

Uncle Nearest Whiskey Faces Possible Second Bankruptcy

Uncle Nearest Whiskey Faces Possible Second Bankruptcy

Uncle Nearest, a whiskey company with a long history, might have to declare bankruptcy again.

They previously filed in March due to problems like lower sales and higher expenses.

A company that lent them money sued, claiming they didn't pay back over $108 million.

A court appointed someone to manage their assets.

The company may sell some of its property to try and stay afloat.

Despite the problems, the core brand is considered viable.

Sources