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Judge approves a $1 billion deal in the Surfside condo collapse

Damage from the Surfside condo collapse
Florida Task Force 3
A judge has given final approval to a settlement of more than $1 billion for victims of the collapse of a Florida beachfront condominium.

Most of the money goes to people who lost family members.

A judge has given final approval to a settlement of more than $1 billion for victims of the collapse of a Florida beachfront condominium.

Ninety-eight people died when the 12-story Champlain Towers South suddenly collapsed.

It was one of the deadliest building failures in U.S. history.

The decision by Miami-Dade Circuit Judge Michael Hanzman on Thursday comes one day before the one-year anniversary of the disaster in the Miami suburb of Surfside.

Most of the money goes to people who lost family members.

About $100 million is earmarked for legal fees, and $96 million set aside for owners of the building's 136 units.

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