News: Judge approves $150 million in initial compensation for Surfside collapse victims, families

Boat accident, Jet Ski accident, Maritime and Personal Injury Attorneys Serving Florida

Posted: July 22, 2021

SURFSIDE, FL -   A judge said survivors of the Champlain Towers South condo collapse and victims' families will receive initial compensation of at least $150 million, WPTV and the Associated Press reported.

At a hearing on Wednesday, Miami-Dade Circuit Judge Michael Hanzman said the amount includes at least $100 million in proceeds from the expected sale of the property where the building once stood. Another $50 million would come from insurance on the condominium in Surfside.

The sum does not include proceeds from lawsuits that have been filed in connection with the disaster, which the judge said are to be combined into a single class action. At least 97 people are confirmed dead following the collapse of the 12-story condo on June 24.

The recovery effort is continuing in the wreckage as crews search for any more remaining victims. Debris is being taken to a collection site where it will be searched more thoroughly and preserved as possible evidence in lawsuits and investigations.

When negligence or misconduct has led to someone's death, family members may be able to file a wrongful death claim. If you have lost a loved one in this kind of case, the experienced Miami wrongful death lawyers at the Hickey Law Firm can help you pursue compensation for medical expenses, funeral costs, lost financial support, and more. Call us at 888-913-4296, text 844-984-1937, or contact us online to arrange a free consultation regarding your individual case.