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“Oh my goodness! Fancy running into you, Billy boy Abbott,” Victor says as he bumps into him in the foyer of the Athletic Club. They immediately begin taunting each other. Billy suggests that the Newman is ready to be put out to pasture and Victor thinks he’s delusional. The Mustache calls Billy a “peacock,” and then laughs and tells him to dream on when the Abbott refers to themas “equals”. Victor says he’s not only a peacock, but also a parasite who lives off the accomplishments of others. The Abbott thinks he’s underestimating him and will learn what he’s capable of. They bicker about Lily being the heart and soul of Chancellor. Billy reminds him of the name change and Victor wonders what Jack thinks of it. When Billy insists he knows what he’s doing, Victor reminds him of gambling away the family yacht. Victor is sure that he is going to hurt the Abbott name and run the company into the ground. Declaring that will never happen, Billy walks out as Victor smirks to himself.

Down in the jazz lounge, Lily discovers Lauren looking through some paperwork at a table. Lauren tells her how happy she is to be working. They are so lucky to do what they love to do. She’s just been taking a moment to prepare for her next meeting. Lily is there for the same. Once she sits down, they chat about how busy they have been. Lauren loved working with Nikki so much and learned a lot. She thinks women in business need to lift each other up. Lily explains that she and Nikki were discussing Katherine and her legacy. Lauren is sure she is honoring it and Neil would be very proud of her. She’s certain that Lily is ready for battle and will get all she wants. She’s also sure that Neil taught her how to handle powerful people… including Victor. Lily admits that’s who she is about to meet and Lauren reminds her that he expects loyalty above all else. Lily is well aware of that. Urging her to have some fun, Lauren takes off.

Summer is surprised to run into Chance as he gets coffee at Crimson Lights. He thinks she’s looking beautiful. She’s feeling lucky. She’d like to fill him in on why but he needs to get to a work meeting. She hints that part of her happiness is down to him. Summer won’t tell him more but says they will celebrate later. After a kiss, he walks off.

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At the Abbott Chancellor office, Billy blows in and asks Chance to get out the productivity reports. They start talking about performance indicators and issues with employee job satisfaction. Chance has some ideas to deal with that but Billy cuts him off, declaring he already has plans to sort it out. Chance asks if he’s still intent on ousting Lily from the company. He’s taken aback when Billy declares that it’s already done. Chance urges him to take a step back and reassess, but Billy is convinced that Lily was plotting to betray him all along. This is done and they are moving on. Will that be a problem for him?

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Chance thinks that Billy’s been ruthless. He can’t understand what just happened. Billy says you need to make tough decisions in the corporate world. Chance reminds him that he’s been to real war, not just corporate war, and in the end, the costs are almost always more than you imagined. He’s concerned about the leaps that Billy has been making and his choices aren’t inspiring a lot of confidence. He points out that Chancellor has an established record but the new company does not. The foundational company is in good shape because of Lily. It sounds to Billy like he’s preparing to jump ship. That’s not something Chance is sure about, but if Billy can turn on Lily so easily, what’s stopping him from turning on him. “Nothing. Just don’t give me a reason to,” says Billy. When Chance threatens to resign, Billy tries to back things up. They argue about Lily. Billy insists they don’t need her, just trust. He’s not going to let anyone stop them from making the company into a powerhouse. Shaking his head, Chance wonders what’s wrong with him. He seems rattled. “I feel betrayed by everyone around me right now,” Billy admits.

In Chancellor Park, Chelsea tells Sally that she can’t be done with Adam. Sally insists it’s over but the other woman urges her not to make such a big decision so quickly. The redhead doesn’t think she’s in any position to be giving her advice about this. That’s something Chelsea can admit but she still begs her not to give up on Adam. He’s terrified of being abandoned and that’s why he has such a hard time navigating between right and wrong. When he wants to protect someone, he can be his own worst enemy and that’s what he was doing. She’s sure that Sally knows that and that her love has made him more gentle and soft. Sally accuses Chelsea of wanting her to stay with Adam so she will feel less guilty about her role in destroying the relationship. “I know how much Adam loves me. But it’s not enough… for either of us,” says Sally. Chelsea insists that love is enough and can conquer anything. She’s confident that Adam can make things up to her if she gives him a chance. He’s been through a lot as he dealt with what’s happened to Connor. He’s found more strength than he knew he had. The weight of feeling helpless meant that he lost his footing for one moment. A moment that will never happen again.

“You say that as if it’s the first time you and Adam cheated on Billy,” Sally points out. Chelsea admits her future with Billy is uncertain but she’s certain of Adam’s love for Sally. Spectra knows he loves her in his own way but she wants and deserves more. She’s tried to tell herself that he’s changed, but she’s ended up in the same place again. She’s determined to stay as far away from Adam as possible.

Adam joins them as she makes this declaration. He asks for a moment with Sally but she doesn’t think there’s any reason for them to ever speak again. The only person he needs to resolve things with is Chelsea. She storms off. Chelsea looks confused. When the topic changes to their son, Adam and his ex talk about Connor managing to drink out of a plastic cup today. Adam looks cornered when she asks him what Sally meant about them needing to resolve things. He tries changing the subject again and blames her for getting Sally worked up. She insists she was fighting for him and begging Sally to take him back. This is all fresh; maybe all it needs is time. Adam tries to walk away, but she asks him about what Sally said again. The Newman suggests that Sally may be trying to find some meaning in all of this. Maybe that would make it make sense. Chelsea can’t imagine what she thinks could have happened. He claims he has no idea what Sally was talking about. The bottom line is that they screwed up. Does she really think Billy will take her back? Chelsea is not willing to give up yet and she doesn’t think he should either. Staring in his eyes, she says that night should never have happened and they will never discuss it again.

Running late, Sally joins Summer, Chloe, and Lauren for a meeting at Society. They dive into how they are going to approach the launch. Sally is immediately distracted by flashbacks to her breakup with Adam. Eventually, Lauren snaps her out of it to discuss delivery schedules. Since Sally is clearly distracted, Chloe jumps in and hashes out a few details. They ask Sally if she needs to delay this conversation but she thinks work is what she needs. The topic turns to launch day. Lauren wants a big one at Fenmore’s featuring the designers. She and Summer tell them how outstanding the collection is and then exit.

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Chloe immediately begins interrogating Sally about why she was late and distracted. With some prodding, Sally explains things are over with Adam. That’s good news for Chloe, but she’s sorry that her friend is in pain. Sally doesn’t want to talk about this. She should have known better but she loved him. Now she’s free and she can focus on her friends and her goals. Chloe urges her to take some time but Sally doesn’t want to wallow. Work is what she needs right now.

Victor enters the lounge and joins Lily at a table. He’s heard that she’s not happy with how things are going at Abbott Chancellor and that working with Billy is hardly a walk in the park. She admits it has gone beyond that. Billy has decided to run the company on his own and fired her. Victor ponders that. She explains that Billy fired her because he thought she was plotting to push him out. He was right about that. “Good for you,” Victor says, admiringly. She explains she’s not loyal to Billy but to the company. Victor feels that her father and Katherine would be proud of what she’s done. She admits that Jill putting Billy in charge drove her over the edge. It was a mistake. Billy is impulsive and arrogant and she felt no choice but to push him out. Lily refuses to walk away from a company she’s invested so much in and is determined to protect Katherine’s legacy. Since she can’t protect it on her own and she knows that Victor’s loyal to Katherine and has nothing but contempt for Billy, she guesses that he is planning a takeover. If that’s true, she wants to help. She wants to restore it to a company Katherine would be proud of.

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Summarizing things, Victor presumes that Lily’s asking him to help her take down Billy. “Yes,” she confirms. She knows he has the power to resolve this before it’s too late and is willing to do whatever it takes to save Chancellor. Lily is determined to make Katherine proud. She trusts Victor because her father respected him. Victor assures her that she can trust him. But if they work together, what does she want in return? She wants her position at Chancellor back. Leaning over to her, he observes that she’s a woman who knows what she wants. Thanking her, Victor says he will give this some thought and be in touch. Once he shakes her hand, he walks out. Lily sighs.