A judge has given initial approval to a more than $1 billion settlement to families of the 98 people killed in last year's collapse of a Florida beachfront condominium building. The settlement means potentially years of court battles will be avoided.
to families who lost loved ones in the collapse last year of a Florida beachfront condominium building in which 98 people died.
“It is a great result,” Hanzman said before giving preliminary approval to the agreement, which was announced Friday. “This was a very contested deal.” Attorney Michael Goldberg, the court-appointed receiver handling in the case for the judge, said notice will go out to all the family members of those who died, will be posted on the Champlain Towers SouthThe total for the families who lost loved ones in the collapse is about $1.02 billion. Separately, people whose condos were destroyed and lost property such as furnishings and mementos will share about $96 million.
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