A Buyer Emerges for Uncle Nearest

Dear Client:  Shortly after a district judge ruled that Uncle Nearest remain in receivership as a result of a dispute with a major creditor [see WSD 05-29-2026], said receiver has found a buyer for Uncle Nearest's assets.  Yesterday, court-appointed receiver Phillip Young filed a notice of signed letter of intent to sell substantially all assets of Uncle Nearest Inc., Uncle Nearest Real Estate Holdings and Nearest Green Distillery.  The letter of intent, which was signed on May 29, excludes the