The Walt Disney Co (NYSE: DIS) is now on the offensive, countering the board appointed by Governor Ron DeSantis, connected to its Florida-based theme parks.
The heart of the dispute revolves around a set of development contracts spanning these venues.
Disney has filed a lawsuit in Florida's Orange County against the Central Florida Tourism Oversight Board, which was positioned by Governor DeSantis earlier this year.
This move by Disney arrives after the state aimed to curtail its five-and-a-half-decade reign over a particular district Deadline reports.
Disney's Legal Push
Disney's legal cavalry, headed by Dan Petrocelli, seeks to ensure that the Oversight Board respects the previously agreed-upon development contracts with Walt Disney World.
Earlier in the year, ...