Not what the law says, but you can be wrong if you want to.
Disney has a winning argument when it claims that the new district’s abrogation of contracts violates the “
Contracts Clause” of the Constitution. That clause prohibits a state from passing a law “impairing the Obligation of Contracts.” When it comes to contracts made with the state
itself, the
Supreme Court has held that any interference must be “necessary” to serve an “important” governmental purpose. The governmental purpose here — as repeatedly articulated by DeSantis and other Florida Republicans — was to retaliate against Disney for its “woke” politics. Far from being “important,” that governmental purpose is legally impermissible.