Disney sues DeSantis says Florida politics is punishing its business

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Disney sues DeSantis says Florida politics is punishing business

After a hearing in which several business owners, including those who run restaurants and bars at Disney World locations, urged the board to work with Disney, Garcia said the board would seek to raise taxes to pay for its legal fees in evaluating and combatting what he called “eleventh-hour agreements.”

But before the DeSantis-selected board was in place, Disney in February reached an agreement with the outgoing board that seemed to render the body powerless to control the entertainment giant. The DeSantis administration was unaware of the agreement for a month and vowed retribution after it became public.

In Wednesday’s meeting, the board’s special general counsel, Daniel Langley, walked through its legal argument for nullifying the deal between Disney and the previous board. “The bottom line is that a development agreement has to be approved by the governing body of a jurisdiction, and that didn’t happen from the cities that have jurisdiction,” Langley said.

 

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Disney sues Florida Gov. Ron DeSantis, alleges political effort to hurt its businessJUST IN: Disney has sued Florida Gov. Ron DeSantis, alleging the Republican governor has waged a “relentless campaign to weaponize government power” over the company.
Source: CNBC - 🏆 12. / 72 Read more »