Lotus Racing team principal Tony Fernandes agreed a deal to use the Lotus name in F1 this year with the owner of Lotus Cars, the Proton car company.
The row dates back to 2009, when Fernandes was granted by Group Lotus the rights to use the Lotus name in F1 for a new team he was setting up to race in the 2010 season.
The company was acquired by Lotus in 1994 and Nick became the Lotus CTO last year.
Elsewhere in the neighborhoods, Lotus in Potts Point and Hugo's Lounge in the bustling Kings Cross section are magnets for models, businesspeople and celebrities.
In India, Dewey encounters the Beatles dropping acid and sitting in lotus position with the Maharishi.
Testing for the season continued in Barcelona Friday and France's Romain Grosjean , in a Lotus, set the fastest time in dry afternoon conditions.
Monday's hearing surrounded Group Lotus's decision to terminate a five-year licensing deal it had with Team Lotus boss Tony Fernandes's 1Malaysia group to use the Lotus brand in F1.
Lotus Racing's media release announcing the Renault deal did not mention the word Lotus, other than in the official team branding.
In 2010, Mr Fernandes revived the Lotus brand in Formula 1 racing, having obtained a licence from Group Lotus to race as Lotus Racing.
Finland's Kimi Raikkonen, the closest challenger to Vettel in this year's title race, was fourth fastest in his Lotus ahead of Brazilian Felipe Massa in the second Ferrari.
She repeatedly received the annual Best Student award and went on to win gold awards in the national dancing competition in 2004, the Lotus Dancing competition and the first Asian Youth Art Festival.
Then followed postures, shoulderstands, headstands, deep breathing in the Lotus position and meditative rest.
ECONOMIST: Pattabhi Jois, a yoga teacher, died on May 18th, aged 93
Recovery was painstaking, but he confirmed in November 2011 that he would not be able to take his place in the Lotus Renault team for the 2012 season.
This year is the last chance to see the contemporary Blue Lotus Gallery in this unique setting, as the gallery is set to relocate from Fo Tan at the end of January.
But it is widely believed in F1 that the team will not be called Lotus in 2011 after a naming rights dispute.
The UK-based outfit's name change officially ends the dispute over the use of the Lotus name in F1, with Renault set to race as Lotus next year.
Boullier said Renault, who will compete under the Lotus name in 2012, were still yet to decide who would partner Raikkonen after they were represented by three drivers last season.
Hunt - brother of former F1 world champion James Hunt - acquired the Team Lotus name following the collapse of the team in 1994 with financial problems.
After the first 20 minutes of qualifying the slowest seven drop out and in four of the first five races Lotus, Virgin and Hispania - have occupied six of those places so far this season.
For four swoon-filled years during the dot com boom and bust a decade ago, I lived in San Francisco, the beautiful lotus-eating, Pacific-touching, city on a hill.
To stoke interest in the Evora, Lotus recently announced a new Sports Racer version.
The two men who will be behind the wheel for Lotus in 2012 are 2007 world champion Kimi Raikkonen and Frenchman Romain Grosjean.
Fernandes bought the rights to the Team Lotus name in an attempt to protect his investment in F1 when he realised he had fallen out of favour at Group Lotus.
Strong performances in Australia and China, where Alonso raced to a dominant victory for Ferrari, continue to give Ferrari hope that they can still challenge their main rivals Red Bull, Lotus and Mercedes in the title hunt when racing resumes in the Spanish city of Barcelona on May 12.
Lotus position IBM'S LOTUS DEVELOPMENT subsidiary cried foul when we wrote that Microsoft was gaining momentum in the e-mail and groupware market (Aug. 10, 1998).
He has since - as exclusively revealed by BBC Sport in September - bought the rights to the historic name of the outfit in F1 - Team Lotus.
Raikkonen came in second for Lotus ahead of teammate Romain Grosjean in a repeat of the podium placings from last year's race.
Based in Enstone, England, the highly skilled Lotus team designs, builds, maintains, tests, and races the Lotus Formula One Team car, which can travel from zero to 60 miles per hour in 1.6 seconds.
The Lotus team, 550 in number, contributes myriad skills toward a single goal: winning the Formula One world championship.
Lotus is currently second in the constructors' standings, ahead of Ferrari and Mercedes.
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