After talking with the League of Legends team, we both had strong feelings about parting ways with each other. For the League of Legends team, they need to focus more on their game play and work on becoming better. For the Lzuruha side, we needed results and content from them which was null. Obviously that relationship doesn't work so we have decided to go our separate ways and invest in something that will be able to produce results and content for the community.
As for Lzuruha's League of Legend future. We are still unsure if we want to take part in it due to Dota 2 starting to bump League of Legends out of events such as the upcoming World Cyber Games 2012. We will make an announcement in the near future.
Everyone at Lzuruha wishes Telandra and his crew the best of luck in their League of Legends futures and hope to see them become apart of the pro circuit which they have the tools for it.