Federalbrief

Chapter 9: The Weeks After the Blackstone

The forensic accounting review was initiated on a Tuesday, fourteen days after the gala.

Audrey was not in the room when it was announced, but Constance texted her from the attorney's office: *It's filed.

His team is already pushing back.

That's good — it means they're worried.*

She read the text in the school pickup line.

She put her phone in her cup holder.

She waited for Micah.

Brett's attorneys filed a counter-motion ten days after that, arguing that the foundation fund transfer had been a routine treasury management action within Brett's authority as managing partner.

Ruth Okafor's response, which Audrey read in a three-page summary from Constance, argued that Brett's authority as managing partner had been unlawfully self-granted following his attempt to dissolve the founding partnership without Audrey's knowledge or consent, and that no action taken under that self-granted authority was legally valid.

It was, Constance told her on the phone, a cleaner argument than Brett's team had prepared for.

Miriam Crane's bar complaint created the public record she had promised.

Brett's lead attorney quietly withdrew from the case eleven days later.

His replacement was younger, less connected, and — according to Gerald Foss, who seemed to know everyone — significantly less expensive.

Sierra Vaughn resigned from Holloway House Hospitality on the Monday following the gala.

Her resignation letter, which found its way to Constance by routes that Audrey chose not to ask about, cited personal reasons and wished the company well.

She returned nothing.

She offered no statement.

She simply disappeared from the company the way she had disappeared from the ballroom — quickly and without looking back.

The secondary signatory status on the holding account was revoked by the bank's compliance team once the forensic accountant made contact.

The one hundred and seventy-seven thousand dollars was identified, traced, and frozen within three weeks.

It had not been spent.

It had been sitting in a holding structure Brett had apparently expected to control for long enough that the money would seem absorbed rather than stolen.

He had not expected her to stay at the gala.

Everything that followed depended on her having stayed.

The first full legal meeting between Audrey's team and Brett's team happened on a Wednesday morning in a conference room on the thirty-first floor of an office building on Michigan Avenue.

Audrey sat on one side of a long table with Constance, Miriam, and a civil litigator named James Obi who wore wire-rimmed glasses and said very little but said it with the precision of someone who had won the same argument eleven times before.

Brett sat on the other side with his replacement attorney and a financial consultant whose job appeared to be making the foundation fund transfer sound like a miscommunication.

Brett looked tired.

Not devastated.

Not broken.

Just tired in the way of a man who had spent two weeks talking to lawyers instead of sleeping.

"We're prepared to offer a negotiated settlement," Brett's attorney began.

"We're listening," Constance said.

The offer was: Brett retains operating control of Holloway House.

Audrey receives a financial settlement equal to forty percent of the company's appraised value.

Her name goes on the cookbook.

The foundation funds are restored.

All legal proceedings are dropped.

Audrey looked at James Obi.

James Obi looked at the table and said nothing.

Constance said, "No."

Brett looked up.

"No?" his attorney said.

"No," Constance said.

"Audrey Finch-Holloway is a founding partner with equal rights to the company she co-founded.

A cash payment for her own equity is not a settlement.

It's a second attempt at the same transaction you tried to force at the Blackstone Hotel." She folded her hands.

"Our position is: equal governance restored, full forensic accounting completed and results disclosed to the board, the foundation funds restored with interest, and Brett's self-granted managing partner authority reviewed and formally restructured by the full board."

Brett's attorney made a note.

"That's an aggressive position."

"It's an accurate one," James Obi said.

It was the first thing he had said in twenty minutes.

Brett looked across the table at Audrey.

Not at his attorney.

At her.

"You want to run this company jointly," he said.

"After all of this.

You still want the company."

"I want what I built," she said.

"Same as you."

"We can't run something together after—"

"Then you can buy me out at full appraised value with an independent appraisal, and I will use the money to start something new." She held his gaze.

"Those are your options, Brett.

A real partner, or a real price."

Brett was quiet for a long time.

His attorney leaned over and said something in a low voice.

Brett shook his head slightly.

"Give us a week," he said.

They gave him a week.

On the sixth day, his attorney called Constance.

Brett had agreed to an independent appraisal.

He had not agreed to equal governance.

He was, his attorney indicated, prepared to negotiate on the appraisal figure.

Constance called Audrey.

"He's going to pay you out," she said.

"He can't accept the governance.

He never could have.

He doesn't know how to run something with a partner anymore."

Audrey thought about this.

"Okay," she said.

"Okay?"

"Yes." She stood at the kitchen window.

Outside, Micah was in the backyard throwing a tennis ball against the fence in the particular rhythmic way he had when he was working something out internally.

"I don't want to spend the next three years fighting Brett Holloway in conference rooms.

I want to build something." She paused.

"Get me a fair price."

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"I'll get you a very fair price," Constance said.

She did.

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