Chapter 7 - The Depositions

On Friday morning, the grand conference room on the top floor of the Vantage Tower in downtown Minneapolis looked out over the entire city skyline.
Inside, the atmosphere was as tense as a courtroom.
Christopher Vance, looking hollowed out and defeated, sat on one side of a massive glass conference table. Beside him was a court-appointed public defender—he could no longer afford the high-priced corporate defense attorneys he had once bragged about.
Across from him sat my father and me, flanked by our elite team of five corporate litigators.
Camera lenses flashed as a court stenographer recorded every breath. This was the formal deposition for the dissolution of Apex North America, the divorce proceedings, and the asset liquidation.
My lead attorney, Marcus Sterling, laid a thick folder on the table.
"Mr. Vance," Marcus began, his voice smooth, clinical, and deadly. "We are here today to finalize the global settlement regarding the total debt owed to Vantage Investment Group, as well as the terms of your divorce from Mrs. Gwen Vance, formerly Gwen Montgomery."
Christopher looked up, his bloodshot eyes fixing on me. He looked smaller, diminished, stripping away the illusion of the grand real estate mogul he had projected for years.
"Gwen..." Christopher whispered, his voice hoarse. "Please. Can we just speak privately for five minutes? Just you and me. For Violet's sake."
"Mrs. Montgomery is represented by counsel, Mr. Vance," Marcus cut in sharply. "You will address your comments to the table."
Christopher swallowed hard, turning his gaze to the documents in front of him. "What are the terms?"
Marcus opened the folder. "Term one: Apex North America will immediately file for Chapter 7 liquidating bankruptcy. All remaining commercial assets, real estate holdings, and intellectual property will be transferred directly to Vantage Investment Group to satisfy a portion of the eighty-five-million-dollar debt."
Christopher winced, but nodded slowly. He had no choice. He was completely bankrupt.
"Term two," Marcus continued. "Regarding the divorce and child custody. Mrs. Montgomery will receive sole legal and physical custody of Violet Vance. You will be granted supervised visitation rights for two hours every second Saturday, subject to child psychological evaluations and mandatory anger management courses."
"Supervised visitation?!" Christopher gasped, slamming his hands onto the table. "She's my daughter! You can't restrict me like a criminal!"
I leaned forward, looking Christopher directly in the eye.
"You let a woman hit our child, Christopher," I said, my voice steady as stone. "You called me an exaggerator while she was bleeding in the emergency room. You cared more about a real estate deal than your own daughter's trauma. You proved you are incapable of protecting her. Supervised visitation is a mercy."
Christopher slumped back into his chair, his eyes welling with helpless tears. He knew he had no legal ground to stand on. The video footage, the hospital reports, and his own recorded phone call calling the assault 'emotional drama' had decimated his standing in family court.
"Term three," Marcus proceeded coldly. "Regarding personal liabilities. In exchange for your full cooperation in the liquidation of Apex, Vantage Investment Group will agree not to pursue personal criminal fraud charges regarding the corporate funds you illegally funneled into personal accounts for your mother and sister."
Christopher’s head snapped up. "Criminal charges?"
"Our audit revealed that over three million dollars was moved from Apex operating accounts directly into Gertrude Vance’s personal trust and Audrey Vance’s personal credit lines over the last four years," Marcus explained. "That is corporate embezzlement and tax fraud, Mr. Vance. If you sign this agreement today, Vantage will absorb the loss and decline to refer the audit to the IRS."
Christopher’s public defender leaned over, whispering frantically into his ear. "Sign it, Christopher. Sign it right now. If this goes to the federal prosecutor, you're looking at ten to fifteen years in prison."
Christopher’s hand trembled violently as he picked up the pen.
He looked at me one last time, searching my face for any trace of the soft, quiet woman he had married seven years ago. He found none. The gentle wife who brought him soup at the office was gone forever. In her place stood the future Chief Executive Officer of Vantage.
With a shaking hand, Christopher signed his name on the final line of the settlement documents.
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He had lost his company, his wealth, his reputation, his family, and his freedom.
The debt was paid in full.