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Lawyers in Suit Over Surfside Collapse Reveal Staggering Legal Settlement: $997 Million

By on May 13, 2022 in Litigation-Business

“In a surprisingly swift resolution of the Champlain Towers South class-action lawsuit, relatives of the victims and survivors of the Surfside condo collapse have reached a settlement that will pay them nearly $1 billion, a state court judge was told Wednesday. The comprehensive settlement announced,” reports Linda Robertson in Miami Herald.

“The comprehensive settlement announced in Miami-Dade Circuit Court Judge Michael Hanzman’s courtroom effectively closes the litigation phase of the case. Still to be decided: the individual shares the plaintiffs, including family members of the 98 people who died in the collapse, will receive. We have gotten $997 million in proposed.”

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