Court proceedings recently addressed UNCLE NEAREST's struggles to control operations due to a $108 million loan default. Lender actions are pushing for the appointment of a receiver. CEO Fawn Weaver's leadership is a focal point in the arguments made, alongside a strict gag order limiting media commentary on the case. Additionally, Ball Corporation is reducing its beer production. Boston Beer has plans to shut down its Truly Hard Seltzer taproom in Los Angeles and divest the Angel City beer brand. A segment of the Brewbound Podcast also discusses the Spaghett cocktail.
Uncle Nearest is battling to maintain control of its operations amid a lender's motion for a receiver due to $108 million in loan defaults.
CEO Fawn Weaver argues for her continued leadership in court as a gag order is in effect for media comments regarding the situation.
Ball Corporation is scaling back its involvement in beer while Boston Beer plans to shut down its Truly Hard Seltzer taproom and sell the Angel City brand.
The Brewbound Podcast team discusses the relevance of the Spaghett cocktail, featuring Miller High Life, aperol, and lemon juice.
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