Allocation For Unit Owners In Florida Condo Collapse Suit Increased To $96 Million

Mealey's (May 24, 2022, 1:04 PM EDT) -- MIAMI — A Florida judge during a May 24 hearing in the consolidated putative class complaint over the June 2021 partial collapse of a Florida condominium tower agreed to increase a previously approved $83 million allocation settlement for unit owners to $96 million after attorneys representing the wrongful death track in the case reached what the judge called an “unexpected” settlement for those plaintiffs with wrongful death claims, but warned that the amount would not be increased again....