We could try getting permission from LucasArts because I would love to see the KotOR games on a modern engine. It would be awesome.
Just make it a thing where you HAVE to own both games in order to play the old game on the new game's engine. Then no one involved should have any problem with it since they're not losing any money, which is all that matters to LA anyways.
"It's the one that says Bad Mother ****er." - Jules Winnfield... Describing his wallet, Pulp Fiction.