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Disney and Developer Start Talks to Settle $240 Mil Jury Verdict Against Theme Park

ORLANDO-Both sides feel they have the better bargaining hand in a dispute over who came up first with the idea for the three-year-old, 150,000-sf Wide World of Sports complex at Walt Disney World's 30,000-acre enclave in suburban Lake Buena Vista, FL. A settlement for a lesser amount would avoid an expensive hearing shortly before the Fifth District Court of Appeal in Daytona Beach, FL.

By Alex Finkelstein | Updated on January 04, 2001

ORLANDO-Lawyers for Walt Disney World and Tampa, FL-based All Pro Sports Camps Inc. start talks today on settling out of court a $240 million, November jury verdict against the theme park.

Both sides feel they have the better bargaining hand in a dispute over who came up first with the idea for the three-year-old, 150,000-sf, $20 million Wide World of Sports complex at Disney’s 30,000-acre, 30-year-old empire in suburban Lake Buena Vista, FL.

A settlement for a lesser amount would avoid an expensive hearing shortly before the Fifth District Court of Appeal in Daytona Beach, FL. An Orange County Circuit Court jury found Disney guilty of stealing the sports complex idea from developers Nicholas Stracick, formerly of Buffalo, NY and Edward Russell of Ottawa, Canada.

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