Disney Settles Lawsuit with Florida Tourism District
Published on 3/27/24 by Craig Smith
In a significant development, Disney and the newly established Central Florida Tourism Authority have amicably resolved their legal confrontation.
This settlement puts an end to the contentious lawsuit surrounding the developmental agreements previously held with the Reedy Creek Improvement District.
The resolution, reached during a board meeting on March 27, entails Disney acknowledging the nullification of certain development agreements and covenants, and refraining from challenging the authority’s comprehensive plan set for revision in 2032.
Moreover, both parties have agreed to withdraw all legal claims, including Disney’s public records countersuit against the authority. A pivotal agreement includes the termination of the labor services contract with Reedy Creek Energy Services by 2028, while Disney retains vital mitigation credits.
This settlement marks a collaborative step forward, ensuring both entities will not dispute past actions by the Reedy Creek Improvement District, amid Disney’s ongoing federal appeal against the district and Governor DeSantis, following a previous lawsuit’s dismissal.
- News Topic: Disney Parks News, Disney World News
