Florida judge approves $83 million settlement for victims' families and owners in Champlain Towers South collapse
CNN
A Florida judge approved an $83 million settlement Wednesday for former condo owners and heirs of those killed last year when the Champlain Towers South residential building in Surfside partially collapsed.
The compromise settlement was originally agreed upon in February, the Miami Herald reported. Nearly $50 million of the settlement would come from a payout from the condo association's insurance carrier while the remaining $33 million would come from the sale of the property where the building once stood, the Herald reported. The opening bid for the property stands at $120 million, the newspaper said.
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