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Compensation of $150 Million to be Distributed to Residents of Surfside Condo

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Compensation of $150 Million to be Distributed to Residents of Surfside Condo

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Close to a month has passed since the tragic collapse of the Champlain Towers South condo in Surfside, Florida. The confirmed loss of 97 residents, with some requiring DNA tests for identification, has left survivors grappling with the devastation of their homes and belongings.

In a recent ruling by Miami-Dade Circuit Judge Michael Hanzman, survivors and families of victims will receive a minimum compensation of $150 million. This amount includes $50 million from the condo’s insurance and $100 million from property sales in Surfside. Judge Hanzman emphasized that this sum does not cover any potential damages from ongoing legal actions.

Regarding the allocation, the Judge stated, “The primary focus has always been on the victims. Their rights will be upheld.”

Local groups are contemplating transforming the collapse site into a memorial for the victims. However, Judge Hanzman opposed the idea of survivors giving up their properties for this purpose, deeming it unjust.

“The victims, who have lost their homes, belongings, and in some cases their lives, should not be forced to forfeit their property for public benefit,” he affirmed.

Addressing attorneys during the hearing, Hanzman added, “Despite differing opinions, our responsibility is solely to compensate the victims of this tragedy.”

While search and rescue efforts continue, the debris from the incident site has been cleared. The remnants have been relocated to a separate investigation area for further examination.

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