I have great news to all!
With the help of God, i was able to run iLive Editor 1.95 on a M1 MacMini under MacOS Monterey 12.7.4 !!!!
Reading some tips from old posts, someone suggested here, https://community.allen-heath.com/forums/topic/yosemite/page/2#post-45959
that :
“I found a way to launch the app on Yosemite. If you go to the applications folder and right click on “ilive editor” and select “show package contents”. Then navigate to “/resources/java/iLive_Editor.jar” and launch it. As long as you have the most recent java it works. This is was ran with java 8 40. I hope this help you out.”
So, I tried to run the iLive Editor from the path above and i succeded after adjusting my onboard ethernet (System Preferences > Network > Ethernet > Advanced > Hardware) to a Speed of “100baseTX”. That was the only way it worked and the iLive Editor loading bar didn’t failed as before. Hallelujah!
If there is still anyone “iLive” (pum intended) here, now in 2024, let me know!!