https://news.bloombergtax.com/tax-i...-3shj2FZdNHhM8mDQbNDC6Rfkr7QlbmmB_elt0Zivm2ng
If Reddy Creek is going to be dissolved it doesn’t look it could happen until 2029. The bond holders of the $2 billion in Reddy Creek bonds have rights and the Florida government can’t to do anything to add risk to those investments. (It is spelled out in the reddy creek creation docs)
A lot of lawyers seem to have become ignorant of / unable to read contracts/laws once they became politicians.
Disney has told shareholders they are proceeding with business as usual.
If Reddy Creek is going to be dissolved it doesn’t look it could happen until 2029. The bond holders of the $2 billion in Reddy Creek bonds have rights and the Florida government can’t to do anything to add risk to those investments. (It is spelled out in the reddy creek creation docs)
A lot of lawyers seem to have become ignorant of / unable to read contracts/laws once they became politicians.
Disney has told shareholders they are proceeding with business as usual.