Judge Gives Initial OK to $1B Deal in Florida Condo Collapse

A Florida judge gave initial approval to a settlement of more than $1 billion to families who lost loved ones in the collapse last year of a Florida beachfront condominium building in which 98 people died.

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FILE - Rescue crews work at the site of the collapsed Champlain Towers South condo building after the remaining structure was demolished Sunday, in Surfside, Fla., Monday, July 5, 2021. Attorneys for the families who lost relatives or homes in last year’s collapse of a Florida condominium tower that killed 98 people finalized a $1 billion settlement on Friday, May 27, 2022. (AP Photo/Lynne Sladky, File)
Image via AP Photo/Lynne Sladky

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

A Florida judge on Saturday gave initial approval to a settlement of more than $1 billion to families who lost loved ones in the collapse last year of a Florida beachfront condominium building in which 98 people died. The quick settlement of the unprecedented collapse of the 12-story Champlain Towers South building in the early morning hours of June 24, 2021, means that potentially years of court battles will be avoided. Miami-Dade Circuit Judge Michael…

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