However, this ended in a settlement before it went to trial, so the end result is less an expression of what the law says the outcome should be, and more whatever the parties could agree on in order for everyone to drop their lawsuits.
Everyone's expenses would have shot through the roof if it went to trial, so it was in the common interest to find a compromise before that. I've heard it said that in a good compromise, everyone walks away unhappy. In my case that meant that I got title to the guitar, but no reimbursement for legal fees.
I could have declined, taken my chances in court, and maybe have ended up a little better off... or possibly way, WAY worse off. Under the circumstances, given a host of f'ked up choices to pick from, I feel I made the right call.