• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick Weeks before DeSantis takeover, Disney gave itself new powers over special Orlando district, document shows
Editor's Pick

Weeks before DeSantis takeover, Disney gave itself new powers over special Orlando district, document shows

by March 31, 2023
by March 31, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Just weeks before Florida Gov. Ron DeSantis announced a new, hand-picked board to take over Disney’s long-held special governing district in Orlando, the entertainment giant created a declaration that said any changes to the district must be made to benefit Walt Disney World.

The development threatens to reignite the spat between DeSantis and Disney. The disagreement reached a tipping point last year amid Disney’s opposition to a state law banning the teaching of gender and sexual orientation to students from kindergarten to third grade.

The Feb. 8 document, first reported by the Orlando Sentinel, grants Disney “prior review and comment” over any changes made to properties in the district, formerly known as the Reedy Creek Improvement District and now known as the Central Florida Tourism Oversight District.

Walt Disney World Resort in Lake Buena Vista, Fla. Ted Shaffrey / AP file

That document also states that the declaration shall be enforceable ‘in perpetuity’ or, if that is deemed unenforceable, ‘until 21 years after the death of the last surviving descendants of King Charles III, King of England.”

According to the BBC, these ‘royal lives’ clauses date to the 17th century, though are rarely used.

NBC affiliate WESH of Orlando reported Tuesday that, while the document was created more than a month ago, the new oversight board members only just found out about it.

“I can’t think of a more naked attempt to circumvent the will of the voters and the will of the Florida Legislature,” new member Brian Aungst Jr. said according to the station. “That is offensive to me.”

New board chairman Martin Garcia said challenging the document would likely result in “protracted litigation,” and suggested the case could go to the U.S. Supreme Court, the affiliate reported. The board voted to hire two outside law firms to look into the legal challenges, it said.

In a statement, a representative for DeSantis said his office was aware of what it called Disney’s ‘last-ditch efforts’ to give itself ‘new rights and authorities’ in advance of the special district’s change in status.

‘An initial review suggests these agreements may have significant legal infirmities that would render the contracts void as a matter of law,’ said communications director Taryn Fenske. ‘We are pleased the new Governor-appointed board retained multiple financial and legal firms to conduct audits and investigate Disney’s past behavior.”

Representatives for the Walt Disney Co. did not immediately respond to a request for comment.

This post appeared first on NBC NEWS
You Might Also Like
  • Biden administration sues to block Kroger-Albertsons supermarket merger
  • GM slows its EV plans again even as sales grow
  • UnitedHealthcare sued by shareholders over reaction to CEO’s killing
  • Equinox launches $40,000 membership to help you live longer
Share
0
FacebookTwitterPinterestWhatsapp

previous post
New Jersey passes campaign finance overhaul into law
next post
NASDAQ Breaks Out Again; 2 Stocks To Consider NOW

You may also like

Starbucks barista strike expands as workers demand pay raises

December 26, 2024

Chevy Bolt owners to receive settlement checks after successful class-action...

May 20, 2024

NTSB grills Boeing execs on safety culture and retaliation allegations

August 8, 2024

Southwest Airlines faces FAA audit over string of near-miss incidents

July 24, 2024

Target sales ebb after Pride month shopper backlash; company cuts...

August 17, 2023

New inflation data to reveal consumer strength amid highest interest...

October 12, 2023

TikTok parent company dismisses intern who it says ‘maliciously interfered’...

October 22, 2024

Microsoft to cut 3% of its workforce

May 13, 2025

Are consumers pulling back on spending? It depends which CEO...

May 21, 2024

OQ Technology to become world’s largest 5G NB-IoT LEO-satellite operator

March 13, 2023

    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.

    Recent Posts

    • Top 10 July 2025 Stock Picks You Shouldn’t Miss

      July 1, 2025
    • S&P 500 Earnings for 2025 Q1 — Still Overvalued

      July 1, 2025
    • Lululemon sues Costco over selling alleged dupes

      July 1, 2025
    • Clean energy stocks fall as Trump bill would tax components from China, phase out credits

      July 1, 2025
    • Tech Stocks Lead the Charge: What’s Driving the Momentum?

      July 1, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,621 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,905 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,596 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,559 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,437 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,158)
    • Investing (538)
    • Stock (2,646)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Top 10 July 2025 Stock Picks You Shouldn’t Miss

      July 1, 2025
    • S&P 500 Earnings for 2025 Q1 — Still Overvalued

      July 1, 2025
    • Lululemon sues Costco over selling alleged dupes

      July 1, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,158)
    • Investing (538)
    • Stock (2,646)

    Disclaimer: RoundTableThoughts.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 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Workers wrested a seat at the...

    December 28, 2023

    Why Honeywell CEO Vimal Kapur doesn’t...

    October 14, 2024

    Home buyers to be spared automatic...

    March 16, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here