The Colbys return from Denver to their home in Bel Air, California, where Jason Colby holds a press conference regarding the pipeline venture between his company, Colby Enterprises, and Denver-Carrington. Jason's wife, Sable, however, is upset that Jason's sister, Constance, has turned over her shares in the family company to her estranged nephew, Jeff, rather than to Jason and Sable's three children. Jason, meanwhile, shares a secret with Constance- he's dying. Later, Jason learns his business rival Zachary Powers is trying to muscle in on his deal with Denver-Carrington. Constance, meanwhile, contacts Jeff's estranged mother, Francesca, in London and asks her to reunite with the son she abandoned as a child and a reluctant Francesca agrees. Constance then pays a secret visit to her lover, a rancher named Hutch, while keeping her true identity a secret from him. Jeff arrives in California to claim his share of the family empire- and also to find his long-missing, presumed-dead ex-w
After Miles introduces his new bride ""Randall"" to the family, Jeff is stunned when Fallon doesn't recognize him. Battle lines are immediately drawn between Miles and Jeff after Jeff reveals Randall's true identity. Constance calls in a psychiatrist to treat Fallon, who suggests the family accept her as Randall and not force her memory. Jeff calls Fallon's father, Blake, who flies to California to see her. However, when Fallon doesn't recognize him either, Blake entrusts Jason and Constance with looking out for Fallon before returning to Denver. Jeff has a chilly reunion with his mother, Francesca, as he's still bitter over her abandonment of him as a child. Francesca then reunites with her sister Sable and, later, with Jason, with whom she was once close. Jason's business rival, Zachary Powers, conveniently runs into Sable twice and hits on her, but she rejects his advances. A dying Jason tries to resolve his conflict with son Miles, to no avail. Jeff gets to know ""Randall"" better, the
It's Thanksgiving and Sable makes a shocking announcement to the family. Later, "Randall" begins to feel more comfortable with the family, and Francesca and Jason become closer.
Hoping to jar Fallon's memory, Jeff has his son come over which ends up upsetting Miles.
Miles tells Jeff to stay out of the search for Fallon. Sable spreads a rumor about Constance. Adam travels to Los Angeles behind Jason's back.
As Fallon begins to relearn her past, Jason sees another side of Sable as she tries to put Jason against his own sister. Sean decides he no longer wants to go ahead with the deal he made with his uncle.
Jason goes up against Sable when he learns that she filed a court action against Constance. Jeff is determined to win Fallon back. Sean aligns himself with Bliss. Monica and Neil's attraction affects their power struggle
Jason devulges information to Francesca, but is put off guard when an emergency occurs at Colby Enterprises. Meanwhile, Constance prepares for the hearing.
Jason makes a spur-of-the-moment trip to London. Meanwhile, Francesca receives a proposal and Sable sells her diamonds in order to buy a painting.
After the accident, Jason goes with the paramedics to the hospital. Meanwhile, Jeff and Miles work together to prove Zach's role in the oil spill and Monica and Neil make up.
Jeff flies to Athens where he discovers that Captain Livadas has been murdered. He then travels on to Rome where he asks his mother a difficult question. Bliss finds out about Sean has done. Fallon is taken advantage of by Miles. Sable is confronted by Zach with the truth.
Francesca is confronted by Jason who demands that she tells the truth about Jeff's paternity. Dominique tells Monica Neil's secret. Jeff and Fallon attempt to help their son.
L.B. fights for survival at the hospital. Miles is determined not to lose what is rightfully his. Sable is confronted by Constance. When a body is found in the harbor, Miles is questioned.
Miles works with his lawyer to find witnesses to testify against Jeff. Sable's sister is humiliated by her at a British consulate reception. Monica finds out that she has been betrayed by Neil. Sean receives a visit from Bliss.
A testimony given by one of the main witnesses creates bedlam in the courtroom. Francesca is defended by Jason. Miles is not happy when he reads the newspaper headlines.
The rescue efforts start for Jeff who is at the bottom of the cliffs following a fight with Miles at the beach house. Jason discovers just how much it is going to cost him to divorce Sable. Zach assists Sable as she continues with her vendetta against Francesca.
Everyone looks for L.B. following his disappearance. Miles finds out that Jeff and Fallon are planning on getting married in the house. Jason is furious with Sable. Constance decides to have Sable followed in a bid to help Jason.
Sable isn't happy at having to plan Fallon and Jeff's wedding. Zach shows up unexpectedly at the wedding. Miles is charged with Mahoney's murder.
Fallon and Jeff set off on their honeymoon. Miles face legal problems. Francesca is urged by Constance to move into the pool house. Bliss makes plans with Sean that will annoy her family.
Fallon and Jeff are forced to finish their honeymoon early as the family unite to help Miles. Sable thinks that her relationship with Jason is back on track. Assistant DA John Moretti continues with his vendetta against Jason when he charges Jeff with the murder of Captain Livadas.
Jeff has no alibi that will hold up in court for the day Captain Livadas was murdered. Sable continues to try to get close to Jason again. Zach makes a prediction.
Francesca begins to doubt she can have a future with Jason because of Sable's actions. Jason attempts to help clear Jeff's name. Constance thinks that Jason's divorce could endanger the future of Colby Enterprises. Moretti learns that Miles has skipped bail.
Sable is shocked by Jason's confession on their anniversary. Constance learns Fallon's secret. Jeff works with Miles to help clear his name. Jason has a confrontation on Zach's yacht. Neil tells Monica he is going to ask his wife for a divorce. Bliss gets a new admirer.
Following the shooting on Zach's yacht somebody is left fighting for their life. Fallon finds that her happiness is short lived. Another arrest is made.
Sable shows up at the airport with a bruises on her face determined to stop Jason leaving with Francesca. Following the plane crash Monica is found by a ranger. Fallon is worried that there is chance Miles could be the father of the child she is expecting.
After Sable plans a showdown with Jason she puts herself in an awkward position with Moretti. Dominique attempts to help Blake.
Sable uses the children so that she won't be thrown out of the mansion. Channing makes a play for Miles. Jeff and Fallon decide to get away for a while so they can work on their problems. Jason is threatened by Zach.
Sable is determined to make sure that Miles gets his share of the family fortune and plays matchmaker to make sure that it happens. Sable is urged by Zach to take her fight with Jason into the company board room. Monica returns to work at Colby Enterprises.
Sable and Lucas attempt to stop Miles and Channing from going ahead with their plan. Jason gets help from a former senator with his idea to launch a new satellite project into space. Life becomes complicated for Monica.
Monica is worried that some thing from her past that she has kept secret is coming back to haunt her. Channing is pressurized by both Miles and Sable to have a child. Sable is advised by Zach to get a seat on the board of the company as part of her divorce from Jason.
Sable interferes in her son's marriage and manages to learn Channing's secret from him. Sacha is determined to stop Kolya from dating Bliss.
Family loyalties are split after Sable causes problems. Bliss is warned by Anna that her relationship with Kolya could finish his dancing career in America and see him being sent back to Russia. Jason finds out that there is a leak at the company.
Jeff attempts to stop Miles from falling off the roof. Fallon lets everyone that she will make a decision about her pregnancy. The alarm is set off on the estate by an intruder. Monica bonds with Cash's son.
Bliss hopes Jason can help stop Koyla from being taken out of the country. When Jeff and Fallon go to the family ski lodge they discover some unwanted company there. Sable is surprised by Zach's proposal. Adrienne tries to get Jason to take her husband off the IMOS project.
Jason calls a press conference with Kolya and Anna's freedom in jeopardy. This puts his IMOS project with the Russian's in doubt. Jeff and Miles are forced into action at the ski lodge following an emergency. Channing says how she really feels about the baby.
Monica's discovery causes her nightmares. Jason is concerned after he gets some news about Connie who is in India. Kolya is worried when he can't reach his family in Moscow. Zach's leverage with Cash is lost. Sable tells Miles that he will have to try to get along with Channing for the sake of the baby.
Sable goes behind her daughter's back so that Jason can be presented with a grandchild. Sable finds a new dancing partner for Koyla and she also attends her first board meeting at the company. Jason find himself of being accused of selling out to the Russians. Jeff and Miles are unable to find Constance in India.
When Jeff and Miles return home they have some disturbing news about Constance for their father. Georgina puts Koyla's relationship with Bliss to the test when she tries to seduce him. Jason is stalked.
After somebody takes a shot at Jason security is increased. Fallon and Jeff clash. Cash has to breaks some sad news to his family. Koyla attempts to get Bliss to trust him again. Zach forces Sable to make a decision.
A family secret is revealed following a disappearance and it brings the family together. Jason and Francesca prepare for the IMOS conference. A discovery leaves Bliss reeling. Koyla turns to Sable for help. Jeff looks into Hoyt Parker's past as he investigates Constance's death.
An assassin fires a shot at the IMOS conference leaving a life in the balance. Despite opposition from Adrienne, Monica is determined to stand by her man. An investor manages to gain a foothold at Colby Enterprises.
ollowing the tragic accident on the stairs, all eyes are on Channing. Jeff takes a call meant for Hoyt. Sable puts her relationship with Zach on hold.
The baby fights for its life on a respirator as both Jeff and Miles wait for the paternity test results. Jason and Francesca make plans to become husband and wife. Sable attempts to make Adrienne look like an unfit mother to help her daughter get Scott. Hoyt looks into the Colby family history.
Sable attempts to change Jason's mind about marrying Francesca. Francesca tries to sort out her past problems with her sister. Doubts and an unannounced visitor threaten the wedding. Jeff believes that Hoyt could be an imposter.
Francesca find her loyalty tested by the arrival of the unexpected wedding guest. Sable returns home. Miles finds out that Channing has been lying to him. Zach finds out he has a new rival. The KGB attempt to get Koyla to return home.
Francesca finds herself tempted having Philip around. After Sable continues to rebuff his advances, Zach sets his sights on somebody else. Jason tries to stop Jeff from making a mistake. Monica and Adrienne have a confrontation.
Jeff finds himself having to take a look at his loyalties after Jason forces Philip to explain the double life he has been living. Francesca has to decide where her future lies. Zach's betrayal leaves Sable feeling furious. Zach gets himself a new business partner.
Philip's betrayal leaves him at odds with Jason and they end up trading punches. Koyla makes an announcement during a dinner party. Zach's dirty work is done for him by Philip. Jeff is worried when he finds out that his mother is missing.
Sable kidnaps Scott Cassidy. Phillip kidnaps Francesca and Jason and Jeff try to rescue her, but a car crash leaves Francesca near death. Fallon attempts to find Frankie herself, but ends up lost in the desert, where she is kidnapped by a UFO.
