In brief: Slaughter and May to resign from Liberty

Slaughter and May has agreed to resign as solicitor to Liberty, the West End department store. This follows the conclusion of a boardroom battle last week when all the existing executive directors resigned. The resignation of Slaughters will take effect at the end of a transitional period, during which the new management will consider the appointment of new advisers. Sinclair Roche & Temperley and SJ Berwin & Co, who acted for different rebel shareholders during the battle for control, are thought to be the front-runners to pick up the work.