Probably something with a law, as an Uk studio they have the right to defend themself and give reasons why not to close the studio, deleting them from the devs list was basically MS already making a decision so probably adding Lionhead back is just a form keeping up appearences... 

Ah okay, cool. Was worried it might be a lame pallet swap thing xD Should've trusted IG more 

Τhat's just Lionheads corpse rising from the grave. MS will shoot it in the head and kill it once and for all.

That sounds awesome. It will be very interesting storywise because Maya is a monster hunter and she'll have to choose between her duty and her family.

I'm going to be completely honest, even if they decide to keep LH open... it's still kinda gloom and doom with Ms's First party. I feel like they need to really step of their game.

343i, Turn10, Rare, Coalition, and (maybe) Lionhead isn't enough as most of them are locked into a single franchise.

Better reveal some new studios at E3 MS...

TRIGGER WARNING: KI INFORMATION MAY CONTAIN SPOILERS

http://i.imgur.com/gUcd5mw.png New character select screen 

One of them will probably be Gargos.

Gargos maybe Eyedol

Keits and Isgreen have said many times that they feel Eyedol's design is very silly and outdated and unless they find a way to make his design more modern, they won't put him in KI.

I honestly feel that 343 is way too big to work solely on Halo. I really expected them to put something else out there...

You're right, I remember him saying that but he's the only character that hasn't returned yet so I think they should just add him xD