AI Legalese Decoder: Simplifying Disney’s Lawsuit Settlement Over Job Offer and Tax District Dispute
- February 7, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Walt Disney World Lawsuit with Former BP Executive Settled
Disney has recently settled a lawsuit with Shanan Guinn, a former BP executive. Guinn accused Disney of breaching a job offer to head its corporate affairs department. This lawsuit happened at the time of the company’s dispute with Florida Governor Ron DeSantis over control of the special tax district around Walt Disney World.
The terms of the settlement have not been disclosed and both partiesÔÇÖ lawyers have notified the court about this resolution. In 2022, Guinn, who had vast experience in business communications and government service, sued Disney for breach of contract. She claimed that she was offered the role of heading the corporate affairs department under the leadership of ex-CEO Bob Chapek.
However, after the termination of the executive who recruited her, GuinnÔÇÖs offer was rescinded. Disney is yet to comment on this development. According to a securities filing, the terminated executive was compensated with around $8.4 million. It was reported that he received a bonus of $1.5 million and Disney bought out his home.
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