With his continued influence over Emma, Charley upsets the family. After the bank calls in its loan, Richard saves Falcon Crest from Michael Sharpe. Encouraged by his sister-in-law, Genele Erickson, Frank Agretti goes to the bank with the power of attorney which Angela had given him prior to her aborted trip to Europe and takes over operation of Falcon Crest.

With a bullet wound in the chest, Charley disappears from Falcon Crest. Because Chris Agretti is missing, Sydney worries that Ian and Charley might have killed him. Sharpe gains control of Falcon Crest by threatening to press criminal charges against Emma for authorizing the release of tainted wine. Sharpe's son Danny provides his father with crucial evidence, which he found while on a date with Sydney. Richard suspects that Lauren's marital situation is worsening, while Lance resists renewing a sexual relationship with Pilar.