14 Years [GNR/Mötley Crüe]

52. Lousy Fuck

Nadia:

"I am not signing this." Said the older man who sat across the conference table looking down at the closing agreement papers in front of him, making me let out a slight sigh and turn towards David who gave me a bored expression before forcing himself into a smile and turned to face the older man again.

"Look, Mr. Spencer, don't you think you're just having a cold feet? We discussed the terms and conditions which would apply when our client agreed to take over your company. You agreed to this earlier which is why we are sitting here right now waiting for your signature so that we can close the deal." David replied back calmly, of course, he would be calm. It's a 175 million worth transaction.

Looking towards Mr. Spencer right, I observed how his own attorney rolled his eyes and passed a petty glare at him.

"Adam, I am pretty certain that every single demand made by your client has been satisfied in the contract." I stated looking at the hundreds of pages long drafts typed out by some poor junior associate. It would all be a waste of time and effort and other than that this is the most significant transaction performed by our branch so far. So... that's big money.

Adam gave me a look before turning to Mr. Spencer, and they went at some hushed whispers.

"You don't understand!!" The older man exclaimed, jumping up from his seat before collecting his composure and taking the seat again as I could see the almost annoyed expression on my client's face.

"I have devoted 35 years in this company! I can't just give it all away cos' some big corporate asshats want to take over."

And we are back to square one. Mr. Spencer's company apparently had an exceptional management team who were failing to achieve their maximum potential under him according to my clients, Keifer-Heath ltd. Honestly, it was true. They did possess the human potential to keep it going, but they lacked the financial condition as well as the time and luck required to back that potential.

I took in a deep breath, "Mr. Spencer, we understand your sentiments but come on think practically. Your business is at loss. You are struggling to pay your last 2000 employees. You-yourself know that, give or take in a year or two you will have to shut down."

He remained silent. Twenty years back is when his company was at its peak. Billions worth turnovers and thousands of employees and now all that remains is just 2000 employees, terrible decisions under his good for nothing son, who took over three years back and now sat to his father's left with his head hung down? Maybe.

"You have only five more years to retire Mr. Spencer, and this is the last asset you own. You have a family. Think about them. You sign that now, hand over your rights to the company as well as half of your employees. In return, my client is offering you 175 million dollars and four percent of potential profits for the next five years. We both know that you aren't gonna get a better negotiation elsewhere." I presented him with the same facts that I have been repeating to him for months now. Not just me, even his own lawyer. The rest of his partners have sold their shares ages ago. I looked down at my wrist and noticed the time was already 4, we have one more hour left before it hits COB.

He scoffed, "I have been in this far longer than you have, sweetie. Of course, I can find a better buyer who would at least not lay off half of the company."

It looked like Adam had given up from trying to put some sense into his client's brain. I turned to Mr. Spencer and smiled a little, "You may have more experience than I do Mr. Spencer, but I think I understand how profits and losses work better than you do right now. Today is the second of February, Mr. Spencer and none of your employees have been credited their monthly payments so far. You have been trying to get a buyer for the past 8 months. Did you get someone? Let me guess, no. And the employees that are getting laid off will get a severance pay which I think is much better than what you're doing right now. People have loans and bills to pay. And if your employees won't receive their salary... I think it's common sense that you are gonna find 200 legal notices sent by your staff for failing to pay their wage." I pressed my lips together waiting for him to recover from the guilt I may have entrapped him in as signs of dilemma were clear on his face.