In court filings today, lawyers for alleged victims of the BP (NYSE:BP) oil spill said the first test-case trials should begin in about a year.
Lawyers have been seeking quicker trials for the claimants, while BP and others like Transocean (NYSE:RIG) have wanted to wait to see what happens with the compensation fund, which claims portion is headed by Kenneth Feinberg.
U.S. District Judge Carl Barbier in New Orleans, who is presiding over the trials, was told by lawyers pretrial exchanges of information should begin in October.
BP pushed back saying in it's filing that it's premature at this time to demand early trials, saying it's "overly ambitious."
There are about 400 lawsuits related to the oil spill which Judge Barbier is overseeing.
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