“It is a great result,” the judge overseeing the lawsuits said. “This was a very contested deal.”
to families who lost loved ones in the collapse last year of a Florida beachfront condominium building in which 98 people died.
Miami-Dade Circuit Judge Michael Hanzman, who is overseeing the lawsuits filed after the collapse, said during a hearing held remotely it was the best possible outcome given the loss of life and property in the disaster. Rachel Furst, co-chair of the attorney group representing victim families, said the agreement also means defendants — insurance companies, developers, the city of Surfside and others — will have “complete peace” that they won’t be sued again. Still, some people may decide to opt out of the deal and pursue their own independent claims.Under the agreement, people involved in the settlement directly will have until June 16 to file a notice they intend to opt out.
Families of victims will have to file claims, as the money will not be split evenly. The goal is to begin distributing money by September.
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