The Disney Company’s last-minute deal to retain control of Disney World’s special district is legally flawed for multiple reasons and will probably be voided, a source close to the deal’s investigation said.
Florida Gov. Ron DeSantis has already launched a state investigation into the February deal—one made less than three weeks before the state took control of the district and placed over it five trustees appointed by the governor.
DeSantis on Feb. 27 signed the bill ending Disney’s self-governing powers that have been in place for almost 60 years.
Prior to that, the company announced its deal with the old district would preserve its control over the development of the 39-square-mile entity for 30 years and give it other rights as well….