Allies of Florida Gov. Ron DeSantis and Disney have reached a settlement agreement in a state court fight over how Walt Disney World is developed in the future following the takeover of the theme park resort’s government by the Florida governor.
FILE - The Cinderella Castle is seen at the Magic Kingdom at Walt Disney World, July 14, 2023, in Lake Buena Vista, Fla. Allies of Florida Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday, March 27, 2024, in a lawsuit over who controls Walt Disney Worlds governing district.– Allies of Gov.
The agreement came a day after the appointment of a new board member, replacing a DeSantis-appointed board chairman who was a Disney critic. Under the deal, covenants and a development agreement Disney supporters on the board made with the company just before the state takeover would be dropped and the new board agreed to operate under an earlier plan.
DeSantis, who was in Orlando on Wednesday, said at a news conference that"we have been vindicated on all those actions.” Under the terms of Wednesday's settlement agreement, Disney lets stand a determination by the board of DeSantis appointees that the comprehensive plan approved by the Disney supporters before the takeover is null and void. Disney also agrees that a development agreement and restrictive covenants passed before the takeover are also not valid, according to the settlement terms.
“It looks to me like both sides called ‘uncle,’” said Richard Foglesong, a Rollins College professor emeritus who wrote a definitive account of Disney World’s governance in his book, “Married to the Mouse: Walt Disney World and Orlando.”
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