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Judge Approves $83M Settlement in Surfside Condo Collapse Litigation

By on April 1, 2022 in Litigation-Business

“Champlain Towers South unit owners will receive an $83 million payout for the loss of their condos, a controversial outcome to the months long dispute over how financial disbursements should be divided between those who lost loved ones and those who lost their units. Miami-Dade Circuit Court,” reports Katherine Kallergis in The Real Deal.

“Judge Michael Hanzman approved the settlement on Wednesday evening, after an almost four-hour, emotionally charged court hearing. Survivors and families of victims spoke out against the agreement but also recounted the horror of the night the tower collapsed and their struggle in the ensuing months after losing friends and neighbors.”

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