Disney Accuses Ron DeSantis-Appointed District Of Withholding Documents As Feud Escalates
Portfolio Pulse from Benzinga Neuro
Walt Disney World’s governing district, appointed by Florida Governor Ron DeSantis, is being accused by Disney (NYSE:DIS) of delaying the release of important documents related to an ongoing lawsuit. The lawsuit revolves around who holds design and construction authority over Disney’s theme park resort in Florida. Disney is seeking a delay in the case until it can access the requested documents and conduct necessary depositions.
October 28, 2023 | 1:49 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Disney is involved in a legal dispute with the Central Florida Tourism Oversight District over design and construction authority at Disney World. The company accuses the district of withholding important documents.
The ongoing legal dispute and the alleged withholding of documents could potentially delay Disney's operations and projects at Disney World, which could negatively impact the company's performance and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100