Core Dynamics, handily, even if you say the Clipper is a 'medium'.
If winning is 'the other team is dead', running away does nothing for Gutamaya. That the clipper, even engineered well, is easily destroyed by a medium ship - let alone a Corvette - renders it more of a handicap than a boon. The Imperial Eagle could be somewhat useful for SLF swatting, but that's the rub: Core Dynamics has a more rounded out field. With or without restrictions, of any kind, Core Dynamics has a superior ship in each segment.
Not a Federal Fanboy (definitely a Saud Kruger Fanboy), but I'm just not impressed by anything Gutamaya has when it comes to practical application in combat. They're not bad ships, far from it! The Cutter is infinitely useful as demonstrated by many commanders owning several. But when it comes to straight up, do-or-die combat, The Feds have this in the bag by far.