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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.”

Read the source article at Associated Press News

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