Disneyland’s Covenant Lasts Til The Last Remaining Relative Of King George III

In the recent Disney corporation case in Florida, a covenant involving the Rule Against Perpetuities (RAP) was at the center of the dispute. Governor Ron DeSantis’s appointed board attempted to strip power and financial control from Disney, but they were unsuccessful. The Supreme Court ruled in favor of Disney, granting the corporation benefits that are protected and cannot be breached. These benefits will remain in effect until the last living relative of King Charles III passes away.

Source: Conversation with Copilot, 2024-07-04
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