The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Business

Settlement reached in lawsuit between Ron DeSantis allies and Disney

by admin March 30, 2024
March 30, 2024
Settlement reached in lawsuit between Ron DeSantis allies and Disney

Allies of Florida Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a lawsuit over who controls Walt Disney World’s governing district.

In a meeting, the members of the board of the Central Florida Tourism Oversight District approved the settlement agreement, ending almost two years of litigation that was sparked by DeSantis’ takeover of the district from Disney supporters following the company’s opposition to Florida’s so-called “Don’t Say Gay” law.

The Magic Kingdom at Walt Disney World.John Raoux / AP file

The 2022 law bans classroom lessons on sexual orientation and gender identity in early grades and was championed by DeSantis, who used Disney as a punching bag in speeches until he suspended his presidential campaign this year.

As punishment for Disney’s opposition, DeSantis took over the governing district through legislation passed by the Republican-controlled Florida Legislature and appointed a new board of supervisors. Disney sued DeSantis and his appointees, claiming the company’s free speech rights were violated for speaking out against the legislation. A federal judge dismissed that lawsuit in January.

Before control of the district changed hands from Disney allies to DeSantis appointees early last year, the Disney supporters on its board signed agreements with Disney shifting control over design and construction at Disney World to the company. The new DeSantis appointees claimed the “eleventh-hour deals” neutered their powers and the district sued the company in state court in Orlando to have the contracts voided.

Disney filed counterclaims that include asking the state court to declare the agreements valid and enforceable.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Sam Bankman-Fried sentenced to 25 years in prison for orchestrating FTX fraud
next post
Social Security Administration will no longer count food aid as income for poor recipients

Related Posts

Walgreens to close 1,200 stores over the next...

October 16, 2024

Federal Reserve minutes indicate worries over lack of...

May 24, 2024

Elon Musk is $70 billion richer since Trump...

November 14, 2024

Nike pushes back Skims launch with Kim Kardashian...

June 20, 2025

Chick-fil-A is releasing its own entertainment app, with...

October 22, 2024

White House aims to make it easier for...

August 13, 2024

Retailers saw a dismal fall quarter. The election...

November 28, 2024

Netflix says its ad tier now has 94...

May 16, 2025

How digitally native companies like Rothy’s are growing...

February 26, 2025

Charter rolls out new Spectrum pricing and internet...

September 18, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,539)
    • Investing (4,055)
    • Politics (5,396)
    • World (4,762)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved