Randy Rennard has just released this statement giving the LibDems – mainly Tim Farron – the following ultimatum if they don’t fancy a bloody court battle:

“There will be no court action if the party simply follows its own rules, or if there is a realistic prospect of mediation succeeding. In the meantime, Lord Rennard is still waiting to see the report of Alistair Webster’s investigation, as was promised to him. He was, however, informed by Alistair Webster personally that the report’s only decision was that there should be no further action, as there was insufficient evidence to hold a disciplinary hearing. Any lawful party action and any mediation will have to reflect this.”

Clegg says no apology, no whip. Liable party president Farron is keeping quiet this morning. Popcorn…