Lawyers in suit over Surfside collapse reveal staggering legal settlement: $997 million
Part of the 12- story oceanfront Champlain Towers South Condo, with more than 100 units at 8777 Collins Ave., collapsed around 2 a.m. on Thursday, June 24, 2021. - Susan Stocker/Sun Sentinel/TNS

MIAMI — In a surprisingly swift resolution of the Champlain Towers South class-action lawsuit, relatives of victims and survivors of the Surfside condo collapse have reached a settlement that will pay them nearly $1 billion, a state court judge was told Wednesday. The comprehensive settlement announced in Miami-Dade Circuit Court Judge Michael Hanzman’s courtroom effectively closes the litigation phase of the case. Still to be decided is the share survivors and family members of the 98 victims will receive. “We have gotten $997 million in proposed settlements before you — and it could be a bil...