This off-track battle will soon be decided but what do you think the result to be?
First of all, I think there can't be two Lotuses in F1 because TL and GL have the same 'Lotus brand' so court has to decide which company have the rights to use that brand in F1. Is it Group Lotus, company which uses Lotus brand through Lotus Cars, Lotus Engineering and various motorsport projects and granted licence to Lotus name to 1Malaysia Racing Team? Or is it Team Lotus Ventures, company that bought Team Lotus in 1994 but has been inactive since then until this year but has had negotiotions about entering F1? One thing I can say to be sure, the Chapmans separated these two companies in the 1980s, and since then they've had their own history. So GL can't claim they own TL's history.
In my opinion, the main thing will be which company is Lotus brand in F1 more strongly associated to. I'd say TLV. At least I associate Lotus name in F1 to (old) Team Lotus, team that TLV bought. I'd find it weird if an F1 team that uses Lotus brand wouldn't own Lotus's F1 history, which would be the case if GL won. Still, there are some unexplained things. For example, why did Lotus Racing had a licence from GL, not TLV? The same thing is with Classic Team Lotus, too.
About the licence terminating case I'd say it was illegal. It's obvious that the terminating was for GL's own purposes. They'd allegedly decided about the Lotus Renault GP project before the licence terminating so even if there were licence breaches, the purpose of terminating wasn't to punish from breaches, the breaches were just an excuse for terminating.
Anyway, what I'd like to see to happen would be an off-court agreement between the parties. I like Tony's team but I'd like them to give up Lotus name as that's the will of the Chapmans. But GL should pay them the costs of the change of name.