Judge Approves $1B+ Settlement in Deadly Florida Condo Collapse – WSVN 7News | Miami News, Weather, Sports

MIAMI (AP) — A judge gave final approval Thursday to a more than $1 billion settlement for victims of a Florida beachfront condominium building collapse that killed 98 people, one of the failures of deadliest construction sites in US history.

Miami-Dade Circuit Judge Michael Hanzman’s decision came a day before the one-year anniversary of the Champlain Towers South disaster in the Miami suburb of Surfside. The judge described the settlement as a “remarkable result,” praising the dozens of attorneys involved for avoiding what could have been years of litigation with no certain outcome.

Most of the $1.02 billion total will go to people who lost family members in the 12-story building collapse. About $100 million is earmarked for legal fees and $96 million for owners who lost one of the building’s 136 units.

No victim objected to the settlement or opted out, court-appointed trustee Michael Goldberg said. Several people who lost family members or property said in court Thursday that they are grateful for such a quick conclusion to a horrific experience.

Raysa Rodriguez, who survived the collapse in a ninth-floor unit that was initially left intact, had nothing but praise for the outcome.

“You have no idea what a relief this is for me personally,” Rodriguez said. “I’m so tired. I just want this done. I want these souls to rest.”

Copyright 2022 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Join our newsletter to receive the latest news straight to your inbox

Leave a Comment