159-year-old whiskey brand facing Chapter 11 bankruptcy, asset sale

The company is under a court-ordered receivership. Selling assets is part of its plan. A Chapter 11 bankruptcy filing, but not a Chapter 7 liquidation, remains an option. Very few brands trace their history back to the 1850s, and almost no brands exist that were literally created to right a historical wrong. Uncle Nearest, however, traces its roots back to the founding of Jack Daniel's. It's not the prettiest of stories (few were, back in the age of slavery), but it's a story with an inspiring end ...