Tuesday, December 06, 2022

Judge approves $1.02 billion settlement for Florida condo victims

A judge on Thursday gave final approval to a more than $1 billion settlement for the victims of the Los Angeles beachfront condominium building collapse. Florida In which 98 people were killed, one of the deadliest building failures in American history.

Miami-Dade Circuit Judge Decision, Michael HeinzmannChamplain Towers South in the suburb of Surfside came a day before the first anniversary of the disaster miami,

The judge described the settlement as having “remarkable results”, praising the dozens of lawyers involved for avoiding years of litigation with no definite outcome.

Most of the total $1.02 billion will go to those who lost their family members in the collapse of the 12-storey building. About $100 million in legal fees and $96 million will go to owners who lost one of the building’s 136 units.

Champlain Towers South, built in 1981, was in the middle of a process known as “recertification”, a review of structures and electrical installations required by law for buildings older than 40 years.

This Friday at the crash site, an act will be held in honor of the memory of the victims of the building collapse.

The first public act will take place on Friday at 1:22 a.m., at which time the building collapsed a year ago. At that time they would light a commemorative torch that would burn for three weeks, the same thing that the authorities took to exhume the body of the last death.

The next day, an official tribute will be given to the victims, at an event that will be attended by the First Lady of the United States, jill bidenand in which family members, rescue team personnel and local officials are expected to participate.

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