[Update 2] Disney is waiving its right to arbitration and is moving to settle this matter in court. Josh D'Amaro, chairman for Disney Experiences, said, "At Disney, we strive to put humanity above all other considerations. With such unique circumstances as the ones in this case, we believe this situation warrants a sensitive approach to expedite a resolution for the family who have experienced such a painful loss."

"As such, we have decided to waive our right to arbitration and have the matter proceed in court."

[Update] Disney has released a statement on the matter. Via Scott Gustin, the statement begins, "We are deeply saddened by the family's loss and understand their grief."