Disney+ Subscription Agreement Prevents Spouse Of Allergy Death Victim From Suing, Says Company
Portfolio Pulse from Ananya Gairola
The Walt Disney Company (NYSE:DIS) is seeking to dismiss a wrongful death lawsuit by citing an arbitration clause in their Disney+ subscription agreement. The lawsuit was filed by Jeffrey Piccolo after his wife, Kanokporn Tangsuan, died from an allergic reaction at an Irish pub in Disney Springs. Disney argues that Piccolo agreed to resolve disputes through arbitration when he subscribed to Disney+. The company also noted that it does not own or operate the pub. A hearing on Disney’s motion is scheduled for Oct. 2.
August 15, 2024 | 6:50 am
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Disney is attempting to dismiss a wrongful death lawsuit by invoking an arbitration clause in its Disney+ subscription agreement. The lawsuit was filed after a fatal allergic reaction at a Disney Springs pub. A hearing is scheduled for Oct. 2.
The legal challenge could negatively impact Disney's stock in the short term due to potential reputational damage and legal costs. The arbitration clause's applicability in such cases may also face scrutiny, adding to investor uncertainty.
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