By Patrick Ambrosio, Bloomberg BNA

More than 200,000 people have registered to receive benefits under a proposed $14.7 billion settlement among Volkswagen AG, federal regulators and consumer class action plaintiffs, according to a court filing.

Attorneys representing Volkswagen owners and lessees late Friday formally asked a federal judge to approve the proposed settlement, which would resolve some claims against Volkswagen over the company’s use of illegal technology that allowed diesel vehicles to pass emissions tests despite emitting more pollution than allowed. The attorneys said that about 210,000 owners and lessees have already signed up to participate, a figure that they said is “remarkable” given that the settlement has not yet been approved and the deadline for submitting claims isn’t until September 2018.

The tentative settlement, which is expected to be approvedin October, would give consumers the option of selling back affected 2.0-liter diesels to Volkswagen at a premium. Consumers also could opt to wait and see if Volkswagen garners approval for a technical fix that would bring the vehicles into compliance.

According to the court filing, about 235 consumers have requested that they be excluded from the terms of the proposed settlement.