My rationale was that since via HS2 will likely beat the MML on travel time, the best thing to do from an operating cost perspective would be to stop all trains on both routes at East Midlands Parkway, provide interchanges there (cross platform if we can manage it) then send the MML trains to Nottingham as it is the closest load centre (Derby being the much smaller urban area and the one with the continuing route North). All service to Derby and North would then be via HS2.
Maybe I'm being a little too brutal with my rationalisation axe.
Some decent flows Leicester - Derby / Notts / Sheffield