Politics

Businesses with ties to Leo Govoni subpoenaed after $122M liability ruling

Published

1 week ago

January 23, 2025

Three businesses and a lawyer with ties to Leo Govoni have been subpoenaed for records relating to the ongoing bankruptcy case against Govoni and his business, Boston Finance Group, just days after a Judge found Govoni liable for $122 million in missing medical trust fund money.

The businesses that were subpoenaed — Gravitas Tech, Old Line Manufacturing and USSI Holdings — all have either direct or indirect ties to Govoni. The individual, George G. Pappas, is a north Pinellas County-based lawyer.

All were asked to provide requested documents, electronically stored information and objects specified under the subpoena by Feb. 24 at 4 p.m. The items requested include anything related to the debtor in the case, the Special Needs Trust Administration, which Govoni controlled. It also requests any documents “evidencing payments you received from the Debtor and the reason for those payments.”

Subpoenaed individuals and businesses also must provide their “corporate formation documents, operating agreements and any amendments” related to formation, as well as tax returns and financial statements; a list of assets; loan or financing agreements; a list of individuals or entities owed money; a list of any person or entity who owes them money; a list of business members or shareholders; and more.

Last week Govoni was found by Middle District of Florida Judge Roberta Colton to be liable for $122 million in missing funds from the Special Needs Trust Administration, a bankrupt nonprofit Govoni ran that oversaw medical trust funds for more than 2,000 people with injuries and disabilities. Govoni was accused of providing a $100 million loan from the trust to a business he also controlled, Boston Finance Group.

At issue is $142 million in missing benefits for disabled people the special needs trust was supposed to administer. Govoni allegedly used more than $100 million of the nonprofit’s funds to loan other businesses under his control. The organization filed for bankruptcy last February. It had been holding funds in trusts for disabled people for nearly a quarter century.

Attorney General Ashley Moody is suing Govoni and other defendants over the accusation they stole money from beneficiaries, “many of whom were already the victims of at least one horrific event resulting in debilitating personal injury,” according to her lawsuit.

In July, a defendant in the lawsuit from Moody’s Office, reached a deal with plaintiffs. Karen Fisher, who served as the Director and Secretary of the special needs trust, agreed to fully cooperate with officials in the ongoing investigation in return for suspending a $10,000 fine against her in the case.

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Politics

Disney World’s government settles ride evacuation injury lawsuit for $50K

Published

13 minutes ago

January 31, 2025

May Greene

Walt Disney World’s government has settled a lawsuit after a boy was injured during a ride evacuation in 2021 at the Magic Kingdom, records show.

The Central Florida Tourism Oversight District agreed to pay the boy’s grandfather, Richard McNamara, $50,000 and did not admit any liability for the incident, according to the terms of settlement. Both sides agreed to pay their own legal expenses.

CFTOD, formerly known as Reedy Creek Improvement District, released the settlement this week following a Florida Politics records request made late last year.

The boy, originally from Alabama, had gone through a lot in his 12 years before he came to Orlando on vacation in March 2021.

His teenager brother shot and killed their father before shooting the boy, paralyzing him from the waist down, according to media reports.

An organization that helps children in need provided the boy with a trip to Disney World.

It was on that vacation when the boy rode the Seven Dwarfs Mine Train, a popular roller coaster based on “Snow White and the Seven Dwarfs,” when the coaster broke down.

“When the first responders attempted to lift (the boy) to remove him from the ride, they over-extended his leg, snapping his right femur at the knee,” the lawsuit said.

The family sued in 2022 for a claim of more than $100,000.

The lawsuit was voluntarily dismissed last year after the two sides reached a settlement.

McNamara’s attorney, the boy’s attorney and CFTOD either declined to comment or did not respond to a request for comment Thursday.

At the time, Disney did not disclose the boy’s injury on the state theme park injury report released every quarter by the Florida Department of Agriculture and Consumer Services. Theme parks face little regulation when it comes to disclosing juries to the public. Theme parks are only required to disclose injuries if people are hurt on a ride and require at least 24-hours of hospitalization.

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Scott Franklin to head House Environment Subcommittee

Published

3 hours ago

January 31, 2025

May Greene

Another Florida lawmaker will have a gavel for one of the U.S. House science subcommittees

U.S. Rep. Scott Franklin, a Lakeland Republican, will chair the House Environment Subcommittee.

House Science, Space and Technology Committee Chair Brian Babin, a Texas Republican, picked the Florida lawmaker for his expertise in the fields and the role the subcommittee would play on policy affecting the Sunshine State.

“I’m excited about our SST Committee assignments for this Congress,” Babin said. “The valuable expertise and diverse backgrounds that each member brings will be instrumental in strengthening U.S. leadership and competitiveness in science, space, and technology. We have a full agenda ahead that will prioritize advancing critical scientific research, fostering technological innovation, leading the world in space exploration, addressing regulatory burdens across industries, and more. Through our shared efforts, I am confident we can achieve our objectives and drive meaningful progress in our scientific endeavors. Let’s get to work!”

Franklin said he was enthusiastic about the assignment.

“I’m eager to tackle environmental research related to weather forecasting and ensuring disaster readiness,” Franklin said. “I thank Chairman Babin for this opportunity and look forward to advancing America First policy priorities to remain at the forefront of innovation and boost job growth.”

Babin praised Franklin’s conservative record on business issues.

“I’m confident Congressman Franklin will provide strong leadership for our Environment Subcommittee this Congress,” Babin said. “He has been a steadfast advocate against burdensome government regulations that stifle innovation and fail to address states’ needs. His perspective will be critical as we consider key weather legislation in the months ahead. I look forward to working with him to advance commonsense environmental policies and legislation.”

The same day, Babin assigned Rep. Mike Haridopolos, an Indian Harbor Beach Republican, to head the House Space and Aeronautics Subcommitee.

“Since the earliest days of our space program, Florida’s Space Coast has been the launchpad for America’s journey to the stars,” Haridopolos said. “From the Apollo missions that first carried Americans to the Moon to today’s groundbreaking private sector launches, our skies have always been at the forefront of space exploration. Space is central to our district’s identity and economy, providing countless high-paying jobs and opportunities.”

He praised Haridopolos’ knowledge of the Space Program.

“Over the past several years, the SST Committee has diligently worked to support and advance our nation’s space endeavors,” Babin said. “As the representative of Florida’s Space Coast, the Congressman brings valuable expertise and leadership that will undoubtedly enhance our efforts to keep America at the forefront of exploration and development. I am excited to work alongside him to propel our space agenda forward.”

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Politics

Disney plans to convert Star Wars hotel into Imagineers’ offices

Published

4 hours ago

January 31, 2025

May Greene

It’s going to be an office far, far, away.

Disney World is converting the shuttered Star Wars hotel into office space for the famous Imagineers who will be designing new lands and projects at the theme parks.

The hotel’s update was reported by The Wrap and confirmed by other media outlets.

Disney closed the hotel September 2023 less than two years after it opened. The company had said it took a $300 million tax write off for shutting down the hotel after it reportedly had low occupancy.

At the hotel near Hollywood Studios, guests who were willing to pay nearly $5,000 for a two-night stay could pretend to be in their own Star Wars story at the hotel. Lightsabers included.

“Star Wars: Galactic Starcruiser is one of our most creative projects ever and has been praised by our guests and recognized for setting a new bar for innovation and immersive entertainment. This premium, boutique experience gave us the opportunity to try new things on a smaller scale of 100 rooms,” Disney said in a statement when it announced it was closing.

Why did it fail?

YouTuber Jenny Nicholson explained the list of reasons in a four-hour video called “The Spectacular Failure of the Star Wars Hotel” which captured 11 million views. The cost, the marketing, and not fully embracing the cosplay concept all likely hurt the hotel, she said.

The Wrap reported Disney had been considering using the empty hotel for a dinner theater-type experience but Disney ultimately settled on keeping the space closed to the public.

The Imagineers’ new office space comes as Disney World is starting a major expansion across several of its Orlando theme parks. Disney plans to build a Villains land and add “Cars” attractions at the Magic Kingdom as well as “Encanto” and Indiana Jones to Disney’s Animal Kingdom and “A Monsters, Inc.” land at Hollywood Studios. Disney is closing several longtime attractions in the process.