The state of Florida is suing Planet Hollywood, Inc.!
The Department of Economic Opportunity for the state of Florida has filed a lawsuit against Planet Hollywood. The state of Florida is accusing Planet Hollywood International, Inc. of disobeying the state’s requirements after receiving $288,000 in state incentives to add jobs to the city of Orlando.
The suit was filed in Leon County circuit court with the allegation that Planet Hollywood breached a contract with the state.
Governor Rick Scott approved the amount of $280,000 be given to Planet Hollywood out of the state’s Quick Action Closing Fund Program. This program linked monetary incentives with the creation of jobs.
Planet Hollywood International, Inc. deemed that the money was a necessary investment after they bought the Buca di Beppo restaurant chain. Planet Hollywood claimed that they were considering moving the Bucca di Beppo’s headquarters to the Orlando area. According to the lawsuit and the agreement with the state, Planet Hollywood was ordered to create a certain amount of jobs for the local population and file regular reports showing they were meeting the terms of the contract.
According to the Department of Economic Opportunity, a single report was not submitted. The contract was terminated in 2016 by the state of Florida with the condition of repayment of $288,000, but they have not received the money.
Source: WUSF News.
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