Distressed spirits company Uncle Nearest Whiskey and Nearest Green Distillery could be sold sometime in the next six months, according to a status report filed by the receiver now in control of the company.
The Shelbyville, Tenn., spirits company has been in receivership since August after Kentucky lender Farm Credit Mid-America sued because the distiller defaulted on $108 million in loans.
It’s one of several bourbon and whiskey distillers that in recent months have faced financial difficulties ranging from liens and lawsuits to bankruptcy as the industry faces a glut of overproduction and falling sales…