Liquidity Event

When a Federation venture exits — acquisition, flotation, an unusually profitable bankruptcy — the celebration is a contractual obligation, and the Liquidity Event is where the contract is honored. Eight suites, a ballroom rated for variable gravity, and a galley whose staff sign non-disclosure agreements covering the speeches, the karaoke, and whatever happened to the ice sculpture. Bookings include counsel as a standard amenity. The Federation's one firm rule is that what happens aboard stays aboard, a policy enforced less by discretion than by the fact that everyone present has exactly as much to lose. The waivers are, by common agreement, works of art.