Issue one finished Loki being introduced to the Dark Council by Malekith, while Bor and his Thunder Guard try to arrest Thor at Bifrost.
We open with a narration of Jane considering her great relationship with her father juxtaposed against a scene where Loki and Laufey are discussing their relationship. Laufey is asking Loki to walk Bloodcicle Canyon in the icy lands of Jotunheim. If Loki does this Laufey will support Loki’s application to the Dark Council. The Canyon turns out to be populated by club wielding Frost Giants.
Cut to Asgardia and the ensuing battle on Bifrost, where Bor and his Thunder Guard achieve the upper hand and Heimdall intervenes by sending Thor to the battle he considers is hers to fight. He then surrenders to Bor.
In Alfheim Roxxon tanks and Dark Elf troops are seen mopping up resistance on their march to the capital of Ljosalfgurad. Watching on is Malekith with three attending War Witches, he is asking them if there is any word on Laufey’s arrival when Amora the Enchantress turns up asking when she will get what she wants. As often is her want, she has designs on the Odinson, but wonders if Malekith might allow her to take the pretender’s head. But Malkith has other plans for Thor.
Back in Jotunheim Loki is celebrating his verbal victory over Laufey’s challenge (to Laufey’s disapproval), but Laufey is convinced by Loki’s plea to show him what he can do to a Thor.
Laufey arrives on the battlefield and is greeted by Malekith and Laufey reveals he intends for neither Loki nor Thor to leave Alfheim alive.
In the besieged Ljosalfgurad Thor is attempting to rally the defences when Loki arrives stating he only wants to talk.
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