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McNair Business Partner Seeks to Block Sale

The Clarion Ledger report that a business partner of former NFL quarterback Steve McNair has asked the court to block the sale of McNair's interest in the restaurant that the two were partners in, and to instead shut it down.  

White filed a motion Monday in probate court to stop attorneys for
McNair's estate from trying to sell his interest in the restaurant,
called Gridiron 9, to a third party. White's
motion argues he wants to dissolve the corporation set up to run the
restaurant near Tennessee State University. It was open 10 days before
McNair's death and hasn't been open since.

The filing illustrates not only the importance of having one's estate in order, but business affairs as well.  If the partners had in place a buy-sell agreement, issues of buyout, right of first refusal, and even value, could have been determined without necessitating expensive court involvement.

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