Oh, great stuffhttp://www.gamefaqs.com/boards/951986-final-fantasy-type-0/68503475
Check out this topic and go to post 135. Don't mind the massive amount of nonsense in there. It's gfaqs. Sky busts in and makes a post at post 135 explaining why a C&D will not change anything for this project and also explains that they do have professional level legal advice on the translation team
C&D generally only happens when a translation project is doing something illegal. One off the top of my head was RPG maker whose team was distributing the fully translated ROM. That's a no no lol. Providing a patch for a game I'm pretty sure falls into no illegal boundaries.