$103 Million Settlement Approved Over FIU Bridge Collapse
December 12, 2019
Daily Business Review
"I think this is a textbook example of all the good that can be accomplished in Chapter 11," said Berger Singerman partner Jordi Guso, who represents the contractor that filed for bankruptcy after its bridge collapsed near Florida International University's Sweetwater campus.
Victims of the collapse of a 174-foot pedestrian bridge near Florida International University’s Sweetwater campus in March 2018 are on course to receive a $103 million settlement after U.S. Bankruptcy Judge A. Jay Cristol approved a reorganization plan for general contractor Magnum Construction Management on Friday.