The pool of funds intended to compensate victims of the collapse of the Champlain Towers South condominium will increase to more than $1 billion, attorneys Wednesday told the judge overseeing the resulting class action lawsuit.
Attorneys for the victims said all but one of the remaining defendants have settled the claims against them, and that company is expected to settle soon.
That increases the total recovery pool to $997 million, said Harley Tropin, one of the lead plaintiffs attorneys. That number doesn't include the minimum $120 million guaranteed opening bid in an auction of the oceanfront lot, now set for May 24.Stay informed about local news and weather. Get the NBC 7 San Diego app for
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Lawyers Say Miami Condo Collapse Victims Will Share in More Than $1B in Recovery FundsThe pool of funds intended to compensate victims of the collapse of the Champlain Towers South condominium will increase to more than $1 billion, attorneys Wednesday told the judge overseeing the resulting class action lawsuit.
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