Families of Surfside building collapse victims to receive US$150 million in compensation, judge rules

Victims’ families and those who suffered losses in the collapse of a 12-storey oceanfront Florida condominium will collectively receive a minimum of US$150 million in compensation initially, a judge said on Wednesday.That sum includes insurance on the Champlain Towers South building and the expected 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…

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