Los Angeles isn’t just shaken by the skyline this week—chaos is erupting inside Spencer Publications. A shocking helicopter crash sends media mogul Bill Spencer spiraling into a dangerous mental fog, leaving his once-sharp mind fractured and trapped 15 years in the past. What was supposed to be a straightforward business trip ends in disaster when his helicopter makes a crash landing near the Angeles National Forest. Though Bill survives, he emerges from the wreck with severe retrograde amnesia, unable to recall the last decade and a half of his life.

Now believing he’s still married to Katie Logan and running a budding media company, Bill is vulnerable in ways he’s never been before. He doesn’t recognize Brooke, his longtime love, or even his son Wyatt. The empire he once dominated now feels like unfamiliar territory. And as the sharks begin to circle, Bill’s sudden absence from leadership throws Spencer Publications into turmoil.

Liam Spencer sees an opening. With his father mentally incapacitated, he swiftly declares himself acting CEO, backed by a concerned but equally ambitious Brooke. While this may appear to be a family stepping up during crisis, it’s also a strategic power grab that could dismantle the company from within. But just as Spencer Publications is struggling to stay afloat, a much darker force reenters the picture.

Sheila Carter—LA’s most notorious manipulator—returns under a fabricated identity. Now posing as a memory specialist named Dr. Margot Harlland, she embeds herself in Bill’s recovery. Pretending to help him regain his past, she instead begins planting false memories designed to make Bill trust no one but her. Slowly but surely, Sheila weaves a narrative of betrayal and sabotage around everyone in Bill’s life—casting Ridge, Liam, and Brooke as enemies and herself as his only ally.

The more Bill drifts from reality, the more influence Sheila gains. In a chilling twist, Bill signs over temporary financial control to her. With Spencer’s resources at her fingertips, Sheila nearly achieves the ultimate con—until Katie steps in. Realizing that Bill’s condition isn’t just medical but manipulated, she brings Ridge into the fold. Together, they fight to reclaim Bill’s trust and undo Sheila’s twisted psychological campaign.

With emotional cues and heartfelt memories, Katie finally helps Bill break through the fog. When Sheila slips up by referencing a fabricated memory, Bill realizes the truth—just in time to stop her. The authorities intervene, Sheila is arrested, and Bill’s memories come flooding back. He reclaims control of Spencer Publications and starts repairing the damage.

But peace is short-lived.

Even from behind bars, Sheila’s influence lingers. A hidden flash drive surfaces containing doctored files, false accusations, and recordings designed to reignite chaos. As internal divisions grow—especially between Bill and Liam—the company again teeters on the edge. And this time, Hope Logan may be the only one who can stop it from falling apart completely.