Any attorneys sense like strolling us by way of what Disney did prior to the dissolution legislation remaining voted on?
What basis would the new board have to reverse the variations?
It seems to me that if Disney adopted the ideal statutes at the time, it was carried out there need to be absolutely nothing the new board could do.
In more information concerning the ongoing battle between Disney and the Central Florida Tourism Oversight District, it seems that legal council is becoming sought to deal with any “potential lawful challenges” brought forward for matters that the RCID set into place when Disney was in charge. “Things like the Developer Agreement that set in stone Disney’s legal rights more than RCID home for the up coming 30 a long time, no matter of what a new board says” in accordance to the Twitter thread down below.
According to an write-up in The Orlando Sentinel, a Developer Settlement was put into location by The Walt Disney Corporation one particular working day prior to the Florida Household vote, which set the Governor in demand going ahead. The settlement primarily ties the palms of any upcoming board customers for many years.
Disney defended the agreements and issued the adhering to statement.