Victims of the Surfside, Florida condominium collapse and their families have agreed to a $997 million settlement with insurers and others, the Wall Street Journal and Miami Herald reported on Wednesday.
Nearly 100 people were killed when the 12-story Champlain Towers South near Miami Beach abruptly collapsed in June 2021. Crews searched through rubble for more than a month to recover and identify victims’ remains.
Florida condo collapse: What we know about the building, search efforts
“We have gotten $997 million in proposed settlements before you — and it could be a billion before the end of the week,” Harley Tropin, an attorney representing plaintiffs, told a judge during a hearing on Wednesday, the Herald reported.
Canada’s defence minister says the world is ‘growing darker’ and ‘more chaotic’
Fugitive Alabama prison officer dies after police capture escaped inmate in Indiana
Death toll in Surfside building collapse rises to 64 as 4 more bodies found
We will be done. The money will be distributed. These victims will get some measure of relief,” Tropin said, according to the Herald.
Miami-Dade Circuit Court Judge Michael Hanzman told both sides he hoped to have the case resolved by the one-year anniversary of the collapse on June 24.
— Reporting by Katharine Jackson and Dan Whitcomb