Well, with the countersuit, it will basically determine if either International OR Alliance dies. One will lose and they will no longer be allowed to run NERO.
All documentation for the current lawsuit (which is a matter of public record) I have downloaded and set up at this location:
Reading the response (countersuit), they say that the main base of Alliance's allegations - the letter/contract between Ford and Mike (Exhibit A) only allow him to use the trademark and rules and the rest isn't valid (which would include the fact that once Legends Unlimited (Ford) no longer owned NERO, Joe didn't need to follow the rules of that document - too bad they don't say why).
Anyway, like larpweb.net, I'm following things closely. Although this case will finally put an end to a nearly decade long problem, the implications could have some reaching effects upon the US LARPing industry/community as a whole.