Disney and DeSantis Reach Settlement in Florida Tourism Lawsuit

1 min read
Source: Forbes
Disney and DeSantis Reach Settlement in Florida Tourism Lawsuit
Photo: Forbes
TL;DR Summary

Disney and the board appointed by Florida Governor Ron DeSantis have reached a settlement agreement, ending a legal battle and declaring a controversial development agreement "null and void." The agreement strips the board of much of its power and was enacted by Disney before it was replaced by DeSantis' appointees. Disney is separately suing DeSantis and other officials in federal court, but under the settlement, Disney won't end that appeal. The settlement coincides with the appointment of a new administrator, seen as a "peace offering" to Disney, and is likely to make relations between the board and Disney less acrimonious.

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