In the world of closely held corporations, trust is often the glue that holds a venture together. Partners typically rely on each other not only for capital and expertise but for honest stewardship of the business. When that trust is violated, the legal consequences can be severe—as demonstrated in Lehan v. Montgomery , a 2025 decision from the Suffolk County Commercial Division. While the case involves claims ranging from dissolution to breach of contract, the heart of the decision—and its…
