Keith Weaver Declares Under Oath in Support of His Wholly-Owned Entities; No Ownership in Uncle Nearest Related Assets
HEADLINES VS. THE COURT RECORD
(Filed February 26, 2026)
Public filings sought to expand the receivership to multiple entities owned by Keith Weaver or in which he is the trust beneficiary, based on alleged “commingling” and alter ego theories. The sworn Declaration and Supplemental Brief provide corporate records, leases, accounting systems, tax separateness, and transaction documentation demonstrating independent ownership, separate operations, and absence of receivership assets.
The Declaration states that Keith Weaver does not hold any shares or ownership interest in Uncle Nearest, Inc., Nearest Green Distillery, Inc., or Uncle Nearest Real Estate Holdings, LLC (Declaration ¶2).
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Humble Baron: Separate Corporation, Separate Banking, Separate Regulatory Structure
Humble Baron, Inc. is a Delaware C Corporation incorporated January 26, 2021 and owned 100% by a blind trust for which Keith Weaver is sole beneficiary (Declaration ¶3).
Humble Baron:
- Has its own tax ID
- Maintains its own bank accounts
- Uses its own ERP system (R365)
- Maintains separate payroll, employees, vendors, and financial statements
- Is not liable for Farm Credit debt
- Has not pledged assets to secure any Farm Credit obligations
- Holds no property belonging to the Receivership Estate
The Declaration further states that Tennessee’s three-tier/tied-house laws require complete separation between Humble Baron and the Uncle Nearest entities due to on-premise alcohol sales (Declaration ¶9).
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Lease Structure and Documented Intercompany Transactions
Humble Baron operates pursuant to a written commercial lease with Uncle Nearest Real Estate Holdings, LLC, as amended, extending through February 28, 2030 (Declaration ¶4).
Levy-related transactions referenced in the Receiver’s filings are addressed through:
- Invoices reflecting Nearest Green Distillery’s direct obligations
- Correspondence requesting payment from NGD
- A formal settlement agreement allocating payment responsibility
The Declaration states that payments made by Uncle Nearest to Levy were for Uncle Nearest or NGD obligations, not obligations of Humble Baron (Declaration ¶13).
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Documented Operational Harm From Attempted Receivership Expansion
The Declaration states that since the receivership began, Humble Baron’s revenue has declined approximately 30% year-over-year and event bookings have slowed (Declaration ¶18).
It further states that if Humble Baron were placed into receivership, applicable alcohol regulations would likely require immediate cessation of operations (Declaration ¶19).
The Declaration states that no clarification was requested before advancing assertions affecting Humble Baron and that requested bank records were provided (Declaration ¶20).
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Shelbyville Barrel House BBQ: Separate LLC With Independent Licensing
Shelbyville Barrel House BBQ, LLC is a Tennessee LLC formed August 25, 2022 and wholly owned by Keith Weaver (Declaration ¶21).
SBH:
- Has its own tax ID
- Maintains separate bank accounts
- Holds its own operating licenses
- Uses independent accounting and POS systems
- Is not liable for Farm Credit debt
- Has not pledged assets
- Holds no receivership property
SBH operates pursuant to written lease and franchise agreements. None of the Uncle Nearest entities are parties to the franchise agreement (Declaration ¶25, ¶28).
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Nashwood: Independent Corporation With Documented Transactions and No Farm Credit Liability
Nashwood is a Delaware C Corporation incorporated July 3, 2019 and owned 100% by Keith Weaver (Declaration ¶33).
The Supplemental Brief confirms Nashwood:
- Has a separate tax ID
- Is not liable for Farm Credit debt
- Has not pledged assets
- Holds no receivership property
- Provided documented consulting services
- Issued invoices
- Received partial payments
- Has an outstanding balance of $50,000
The Supplemental Brief states documentation shows adherence to corporate formalities and no commingling of funds.
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Quill & Cask Owner, LLC: Equity Investor Only
Quill & Cask Owner, LLC is a Tennessee LLC formed July 25, 2024 and wholly owned by Keith Weaver (Declaration ¶40).
Q&C:
- Has its own tax ID
- Maintains its own bank accounts
- Is not liable for Farm Credit debt
- Has not pledged assets
- Holds no receivership property
The Declaration states Q&C made two equity investments totaling $859,000 and has no other transactions with Uncle Nearest entities (Declaration ¶44).
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Shelbyville Grand, LLC: Warehouse Lessor With Documented Rent Payments
Shelbyville Grand, LLC is a Tennessee LLC formed November 21, 2022 and wholly owned by Keith Weaver (Declaration ¶45).
SGLLC:
- Owns and manages real estate
- Charges $6,500 monthly storage fees for a climatized building storing the dry goods of Uncle Nearest, Inc.
- Has separate bank accounts
- Is not liable for Farm Credit debt
- Holds no receivership assets other than inventory being stored
A $130,000 payment from Uncle Nearest to SGLLC is described as payment for 20 months of outstanding storage fees (Declaration ¶48).
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4 Front Street, LLC: No Transactions With Uncle Nearest
4 Front Street, LLC is a Tennessee LLC formed September 28, 2023. Keith Weaver is a minority member and does not hold a controlling share (Declaration ¶49).
The Declaration states:
- 4FS has its own tax ID
- Maintains separate bank accounts
- Has never transacted business with Uncle Nearest
- Has not transferred funds to or received funds from Uncle Nearest
- Is not liable for Farm Credit debt
- Holds no receivership
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Legal Standard: Receivership Expansion Requires Asset Identification and Veil-Piercing Proof
The Supplemental Brief states that the Movants have not identified any specific receivership asset held by Nashwood and that expansion must satisfy Tennessee veil-piercing standards under Continental Bankers and Youree.
The Brief further asserts that Nashwood is not obligated on the Farm Credit loans, has pledged no collateral, and holds no receivership property.
Closing
The Declaration and Supplemental Brief present sworn testimony, executed leases, accounting system separateness, tax identification separateness, banking independence, and documented transaction explanations across each entity identified. The record states that none of these entities are borrowers on the Farm Credit loans, none have pledged collateral, and none hold identified receivership assets.
This case will be decided on evidence — not headlines.Any expansion of the receivership will be determined on the governing legal standards, sworn evidence, and the full evidentiary record.