Chapter 8 - The Corporate Partnership Gets Revoked
At 9:00 AM sharp, Ryan sat at his sleek glass desk on the forty-fifth floor of Vance Architectural Associates in Manhattan.
His corporate vice president burst through the office door without knocking, holding a stack of urgent legal notices.
“Ryan, we have a catastrophic emergency! The commercial building landlord just served an immediate eviction notice!” the VP yelled.
“Eviction? That’s impossible! We have a ten-year lease signed and sealed!” Ryan shouted, standing up from his executive chair.
“The master deed holder exercised an emergency demolition and repossession clause effective immediately,” the VP stammered.
Before Ryan could process that blow, his corporate banker called on the direct executive line with even worse news.
“Mr. Vance, I’m sorry, but our risk committee has voted to freeze all revolving credit lines tied to your firm’s operating accounts.”
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“On what grounds? Our collateral is solid!” Ryan roared into the handset, his hands shaking with sudden, overwhelming panic.
“Controlling stakeholder audit requirements. Your primary financing guarantor just pulled their backing,” the banker replied flatly.
