Opposition to Farm Credit Mid-America Expansion

In this day and age, when bloggers and social media “experts” work tirelessly to discredit a company and founders they’ve never once met, it’s important that their false and misleading headlines be met with truth.

Welcome to the only place where you’ll find the full filings shared alongside the real headlines — so that anyone looking for the truth doesn’t have to look hard to find it.

1. Court Filing Confirms: Uncle Nearest is Solvent — “Significant Equity Value” Even in Conservative Valuation

   In sworn filings, the court-appointed Receiver confirmed that Uncle Nearest remains financially strong — not insolvent, not failing. His report determined that the company’s equity value is “very significant even in a most conservative view.” This directly disproves headlines suggesting financial collapse. The Receiver verified that all Farm Credit loans are fully secured, and that Uncle Nearest has substantial positive equity.

2. Court Filing Exposes “Pillage and Burn” Strategy by Farm Credit to Conceal Its Own Liability

   The filing accuses Farm Credit Mid-America of pursuing an intentional “pillage and burn strategy” — a campaign designed to destroy the company’s reputation and value while concealing its own potential lender liability. It details how Farm Credit’s loan officer maintained an improper relationship with a former CFO accused of fraud, and how the bank’s allegations against the Weavers mirror that former CFO’s conduct.

3. Court Filing Reveals: Receiver Found *No Evidence* of Misconduct by Fawn or Keith Weaver

   After a five-week investigation, the Receiver reported “no evidence of misappropriation, theft, or financial impropriety by the company’s founder, management team, or any current employee.” He confirmed the company’s significant value and recommended reorganization as a going concern completely contradicting the narrative Farm Credit and some media outlets have circulated.

4. Court Filing Says: Farm Credit Defied Court Order, Filed “Not a Single Document” to Support Its Claims

   Despite being ordered by the Court to submit supporting evidence, Farm Credit “has literally filed nothing… not a single document has been filed to support the assertions made.” This shows that the bank’s attempt to expand the receivership wasn’t supported by facts or law — only by unsubstantiated accusations intended to cause harm.

5. Court Filing Confirms: Including Humble Baron Would Violate Liquor Laws and Force Shutdown

   Humble Baron operates independently, as required by state and federal liquor laws. The filing explains that placing it under receivership would violate those laws and “likely require one or both… to cease operations.” Farm Credit’s push to seize it wasn’t just baseless — it would have illegally destroyed legitimate Tennessee businesses employing local workers.

6. Court Filing: Bank’s False Claims Already Cost Independent Companies Over $1 Million

   The filing reports that Farm Credit’s unsupported accusations caused vendors to stop doing business and customers to withdraw orders, leading to “financial losses in excess of $1million” across unrelated entities. These were real Tennessee jobs and businesses — none of which owed Farm Credit anything.

7. Court Filing: Farm Credit’s Allegations “Patently False,” Based on “No Effort to Confirm Facts”

   The Response outlines multiple falsehoods in Farm Credit’s filings — including fabricated claims of commingling and ignorance of liquor regulations — noting that they were made“without any effort to determine the veracity of it, as is required under Rule 11.” In other words, the falsehoods were deliberate, not mistaken.