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Emerging deal would split $83M for Surfside condo collapse losses
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A tentative deal announced Friday would pay $83 million to people who suffered economic losses such as condominium units and personal property in the collapse of a Florida building that killed 98 people.
The emerging agreement, yet to be formally reduced to writing, would set aside whatever amount above the property settlement figure for those who lost loved ones in the collapse of the 12-story Champlain Towers South condominium in Surfside, Florida.
The proposal was unveiled at a hearing Friday before Miami-Dade Circuit Judge Michael Hanzman, who is presiding over lawsuits stemming from the June 24 collapse.
"That is promising news. We’ll see how it plays out," said Hanzman, who must approve a deal and said he would hear any objections before deciding. "There’s a strong possibility we’re going to avoid any drawn-out legal battle."