Chapter 4 - The Boardroom and the Icebox

On Monday morning, the corporate headquarters of Stratix Systems on Wacker Drive in downtown Chicago was operating with the silent, humming precision of a nuclear submarine.
I sat at the head of the conference table on the forty-fourth floor, dressed in a charcoal bespoke suit, a cup of black coffee at my elbow. Across from me sat Marcus, Elena Ortiz, and two senior partners from our private equity advisory team.
"The series-B valuation has been locked at fifty-four million," Elena said, sliding an addendum across the glass. "The foreign institutional capital group wants to close by January fifteenth. The only remaining clean-up item was the contingent liabilities on your personal balance sheet."
"Which are now resolved," Marcus added, tapping his tablet. "By terminating the informal family support disbursements, Ryan has reduced personal cash drag by approximately five hundred and twenty thousand dollars annually, and extinguished nearly one point eight million in contingent corporate lease guarantees."
"Good," I said. My voice was calm, steady, entirely divorced from the chaos currently unfolding three hundred miles to the northeast. "Keep the boundaries hermetic. If any creditor contacts Stratix regarding Vance Development Group, issue standard non-affiliation disclaimers."
"There is one complication," Elena said, looking up over her horn-rimmed glasses. "Your father's house."
"What about it?"
"The property in Charlevoix is deeded in Arthur Vance's name, but the underlying construction loan from four years ago carried an umbrella guarantee through your personal holding company. Furthermore, the winter property taxes—twelve thousand four hundred dollars—are due to the county treasurer on January tenth."
"If they aren't paid?" I asked.
"The county places a tax lien on the parcel. Under Michigan law, if taxes remain delinquent, the property eventually moves toward tax forfeiture. Additionally, because the home is in Arthur's name, the utility providers—specifically Great Lakes Energy and Northern Michigan Propane—are now attempting to collect directly from him. They called our office this morning demanding payment for an outstanding fuel delivery invoice of four thousand two hundred dollars."
"Tell them to bill the deed holder," I said without hesitation. "Arthur Vance wanted to be the master of his house. Let him pay for the roof over it."
Elena nodded and made a note. "Understood."
Just then, my administrative assistant, Sarah, tapped gently on the heavy glass door of the conference room and stepped inside. Her expression was tense.
"Ryan? I'm sorry to interrupt the briefing."
"What is it, Sarah?"
"Your brother is downstairs in the lobby."
A ripple of quiet amusement passed across Marcus’s face, though he quickly masked it. Elena simply sighed and closed her leather portfolio.
"Kevin is in the lobby?" I asked, checking my watch. It was 10:15 AM. That meant he had driven through the night from Charlevoix, battling blizzard conditions across the state line, just to get here.
"Yes, sir," Sarah said. "He doesn't have a visitor's badge. Building security stopped him at the turnstiles. The front desk says he's being extremely vocal, demanding to see you, and telling the guards that he’s the co-owner of the company."
"He owns zero equity in Stratix," Marcus said dryly.
"Tell security to handle it according to standard building protocol," I said, taking a sip of my coffee.
"He said he won't leave until you write him a check," Sarah added softly. "He told the guard captain that his entire life is ruined if he doesn't have sixty thousand dollars by noon."
I looked out the window. Down below, tiny yellow cabs crawled along the Chicago grid like ants.
"Elena," I said quietly. "Did you draft the trespass and harassment warnings we discussed?"
"I have them right here," Elena replied, opening a manila folder. "Stamped by the clerk of the Cook County Circuit Court this morning."
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"Good," I said, standing up and buttoning my jacket. "Let’s go downstairs and introduce my brother to the real world."
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