Judge: US$150 million initially for victims in Florida condo

Judge: US$150 million initially for victims in Florida condo collapse


 
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 US$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.
"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."

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