Civil Plaintiff
Victims of the Florida Condo Collapse Will Receive a Minimum of $150 Million
As the remaining rubble from the collapse of a 12-story oceanfront condominium was cleared away Wednesday, a Florida judge said victims and families who suffered losses will get a minimum of $150 million in compensation initially.
That sum includes about $50 million in insurance on the Champlain Towers South building and at least $100 million in proceeds from the sale of the Surfside property where the structure once stood, Miami-Dade Circuit Judge Michael Hanzman said at a hearing.
“The court’s concern has always been the victims here,” the judge said, adding that the group includes visitors and renters, not just condo owners. “Their rights will be protected.”
