Judge: Florida Condo Collapse to Receive $150m in Initial Compensation insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.
Judge: $150M initially for victims in Florida condo collapse
Victims and families who suffered losses in the collapse of a 12-story oceanfront Florida condominium will get a minimum of $150 million in compensation initially, a judge said Wednesday.
That sum includes about $50 million in insurance on the Champlain Towers South building and at least $100 million in proceeds from the sale of the Surfside property where the structure once stood, Miami-Dade Circuit Judge Michael Hanzman said at a hearing.
“The court s concern has always been the victims here, the judge said, adding that the group includes visitors and renters, not just condo owners. “Their rights will be protected.”
As Surfside Building Collapse Site Is Nearly Cleared, Debate Grows Over Property s Future usf.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usf.edu Daily Mail and Mail on Sunday newspapers.
As the remaining rubble from the collapse of a 12-story oceanfront condominium was cleared away Wednesday, a Florida judge said victims and families who suffered losses will get a minimum of $150 million in compensation initially.
That sum includes about $50 million in insurance on the Champlain Towers South building and at least $100 million in proceeds from the sale of the Surfside property where the structure once stood, Miami-Dade Circuit Judge Michael Hanzman said at a hearing.
âThe courtâs concern has always been the victims here,â the judge said, adding that the group includes visitors and renters, not just condo owners. âTheir rights will be protected.â
Judge: $150M initially for victims in condo collapse minnlawyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from minnlawyer.com Daily Mail and Mail on Sunday newspapers.