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Billy Abbott Says He Has Documents to Claim Chancellor Industries

If true, the papers would transfer control of Chancellor Industries to the Abbotts and upend family and board relationships.

Overview

  • Billy Abbott says he uncovered paperwork proving Abbott ownership of Chancellor Industries, and that discovery led him to call a family meeting the week of August 17.
  • Jack Abbott reacted with shock when Billy shared the claim with him and asked Ashley and Traci to weigh in at the meeting.
  • Cane pushed back against Lily’s order to fire Billy and is forming an alliance to oppose Billy’s asserted takeover of the company.
  • Victor and Nikki are coordinating to help Nick’s recovery while Victor quietly moves to discredit Billy, and Sharon confronts Matt over his role in Nick’s addiction.
  • Long-running character Nina Webster returns to Genoa City the week of August 17, and Nate pursues surgery to repair his hand as he seeks to return to medicine, developments that will intensify family, corporate and personal stakes around the Chancellor fight.