Chapter 5 - The Emergency Board Meeting At Vance Capital
The following morning at 8:00 AM, the glass-walled conference room on the fortieth floor of Vance Capital was suffocatingly tense.
Three senior vice presidents sat around the oak table, staring at locked corporate banking screens that flashed bright crimson error codes.
The heavy oak doors swung open, and Derek rushed into the room with his hair disheveled and his tie pulled loose.
“Why are our operational accounts frozen across three major commercial banking networks?” Derek demanded, slamming his briefcase down.
Thomas Vance, the aging senior partner, looked up slowly over his reading glasses with a tired expression.
“Because Whitmore Holdings served us with a total asset injunction at midnight, Derek,” Thomas replied grimly.
“That’s impossible! We have a partnership agreement!” Derek shouted, leaning heavily against the conference table.
“That partnership agreement was contingent upon your personal liquidity backing the primary debt tranches,” Thomas explained coldly.
“Which was completely wiped out when my wife... when Clara executed those asset transfers,” Derek muttered, sinking into a chair.
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“Your wife isn't who you thought she was, Derek,” Thomas said, sliding a printed financial audit across the glass.
“She controls the primary mortgage debt on this entire building,” Thomas added, delivering the final, crushing blow.
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