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Judge: $150M Initially for Victims in Florida Condo Collapse

Victims and families who suffered losses in the collapse of a 12-story oceanfront Florida condominium will get a minimum of $150 million in compensation initially, a judge said Wednesday. That sum includes insurance on the Champlain Towers South building and the expected proceeds from sale of the Surfside property where the structure once stood, Miami-Dade Circuit Judge Michael Hanzman said at a hearing. “The court’s concern has always been the victims here,” the judge said, adding that the group includes visitors and renters, not just condo owners. “Their rights will be protected.” The $150 million does not count any proceeds from the numerous lawsuits already filed since the June 24 collapse, which killed at least 97 people. Those lawsuits are being consolidated into a single class action that would cover all victims and family members if they choose, the judge said. “I have no doubt, no stone will be left …

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