Wednesday, July 6, 2022

Victims of Miami apartment collapse reach $ 997 million Settlement Court News

The victims of last year’s South Florida condo collapse, which killed 98 people, reached a settlement worth nearly $ 1 billion with defendants who own an adjoining luxury tower developer, engineer and condo association law firm.

Tropin, one of the main plaintiffs ‘attorneys in the lawsuit on behalf of the victims and the victims’ families, said the mega-deal was reached through a number of solutions before a state court hearing in Miami on Wednesday. The settlement was revealed in court.

Tropin said in a statement, “We look forward to resolving this issue with the defendants. Provide some ways. . ”Email Notification.

The collapse of the 12-story Champlain Towers South Condo building on Surfside in Florida on June 24 sparked a number of lawsuits and sparked state and federal investigations. The focus is on the high-rise Renzo piano-design development of Eighty Seven Park next to the Champlain Towers.

The project developer, Terra Group LLC, was one of nearly two dozen respondents in the settlement. The list includes two other companies operating on the site, Decimon Consulting Engineers LLC and Stantech Architecture Inc.

None of the respondents responded immediately to messages seeking comment.

Developer lawyers have previously stated that the project has nothing to do with tragedy, citing reports that Champlain Towers South is poorly designed, poorly constructed and poorly maintained and repaired.

The lawsuit, filed last November, alleges that the site of the luxury project was sloping, causing flooding into the Champlain Towers, damaging the building’s structural integrity, which was also compromised by excavations and piles.

When Champlain Tower residents expressed concern about working with the developer, the complaint alleges that Terra Group’s attorneys secretly paid the residents $ 200,000 rather than repairing the damage.

Tropin declined to say how much each defendant agreed to pay.

The solution must be approved by the judge.

(Updated with comments from plaintiff attorneys.)

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