The Walt Disney Co. invoked a legal royal clause in its attempt to stifle efforts by Florida Gov. Ron DeSantis and state lawmakers to strip the company of its self-governance power in the state.
The Walt Disney Co. — amid its feud with Florida Gov. Ron DeSantis — invoked a legal royal clause in its attempt to stifle efforts by the governor to strip the company of its self-governance power in the state.
"So, as long as one of those grandchildren makes it 80, this clause would be there for 100 years," said Robert Lord, senior advisor on tax policy at progressive group Patriotic Millionaires, according to NBC News.the Disney-allied board members with Republicans. The moves were not widely discussed until a meeting of the Central Florida Tourism Oversight Board , formerly known as the Reedy Creek Special District.
The previous board that oversaw aspects of Disney World approved a series of agreements that gave the corporate giant a wide range of control.
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