Less than a year ago, the collapse of the Champlain Towers South condominium building took the lives of 98 people in Surfside, Fla. In response to the tragedy, a proposed $997 million class action settlement has been reached. 

The nearly $1 billion settlement has astonished many in the legal community and guaranteed that the legal system quickly brought justice to those who were affected by this disaster. 

Nelson Mullins managing partner for the Miami office Mark Raymond told Law.com that this was nothing short of an incredible settlement. "To get these defendants and their insurers to settle, knowing full well that there are many meritorious defenses to the claims, speaks volumes about their skills as negotiators and as outstanding lawyers,” he said. "While it will never replace the loss of family members, it is, nevertheless, a sensational outcome for the families.”

Read article here.