Ron DeSantis Vs. Disney: Governor Requests Federal Judge To Throw Out Lawsuit, Citing Broad Immunity
Portfolio Pulse from Navdeep Yadav
Florida Governor Ron DeSantis' attorneys filed a motion to dismiss Walt Disney Co.'s (NYSE:DIS) lawsuit, arguing that the defendants are protected by immunity and that Disney has no legal standing to sue them. The lawsuit stems from Disney's opposition to Florida's 'Don't Say Gay' law, which led to the state revoking special privileges for Disney's theme parks.
June 27, 2023 | 3:06 am
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Disney's lawsuit against Florida Governor Ron DeSantis faces potential dismissal as the defendants claim immunity. The ongoing legal battle may impact Disney's operations in the state.
The ongoing legal battle between Disney and Florida's administration may have short-term implications for the company's operations in the state. However, it is uncertain how the lawsuit's outcome will affect Disney's stock price in the short term. The dismissal of the lawsuit could lead to further tensions between the two parties, potentially impacting Disney's theme parks and other operations in Florida.
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