“What I care about now is finishing this case and getting money into the hands of victims,” Circuit Judge Michael Hanzman said. “This is an outstanding result for the property owners.'
Christopher Rosa Cruz installs a large banner at the site of the Champlain Towers South condominium building, Thursday, May 12, 2022, in Surfside, Fla. The banner lists the names of the 98 people killed when the building suddenly collapse nearly a year ago. building that collapsed nearly a year ago but did not suffer a loss of life among the 98 people who died will share at least $96 million from a court settlement, a judge said Tuesday.
“What I care about now is finishing this case and getting money into the hands of victims,” Hanzman said, noting that under Florida law, the condo owners could have been assessed a lot of money to pay for the loss of the building.Meanwhile, lawmakers in Tallahassee introduced legislation Tuesday in response to the tragedy that would require all condominiums higher than three stories statewide to undergo periodic inspections of their structural integrity.
The exact details of the lawsuit settlement over loss of life are to be done by Friday, followed by a hearing for any objections. A billionaire developer from Dubai is set to purchase the 1.8-acre beachside site for $120 million. No other survivors were found despite the around-the-clock efforts of rescuers who dug through a 40-foot pile of rubble for two weeks. Another three dozen people were in the portion of the building that remained standing, but was ultimately demolished.
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Judge: Surfside collapse property owners bumped up to $96MPeople who owned condominiums in the Florida building that collapsed nearly a year ago but did not suffer a loss of life among the 98 people who died will share at least $96 million from a court settlement, a judge said Tuesday.
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