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DeSantis board asks court to dismiss Disney's counterclaims in contract clash - TL;DR CNBC

DeSantis board asks court to dismiss Disney's counterclaims in contract clash

Publishing timestamp: 2023-09-07 14:06:19


Summary

The board overseeing Walt Disney World's special tax district is seeking to dismiss Disney's bid to recover damages over a breach of contracts counterclaim. Disney is involved in two lawsuits related to its dispute with Florida Governor Ron DeSantis over a controversial classroom bill. The board appointed by DeSantis has asked the court to dismiss Disney's claim, stating that Disney's contracts are void. Disney denies this and is seeking damages against the board members. The lawsuits revolve around development deals that Disney says it made to secure its future investments in Florida.


Sentiment: MIXED

Tickers: DIS

Keywords: courtswalt disney cobusiness newssocial issuesbreaking news: politicselectionsfloridaentertainmentpoliticsron desantislawsuits

Source: https://www.cnbc.com/2023/09/07/desantis-board-hits-back-at-disney-in-legal-fight.html


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