BLP acts after resignation

Berwin Leighton Paisner (BLP) has moved to establish new procedures to prevent a repeat of the errors that led to the resignation of real estate partner Vinay Veneik last week.

A spokesperson told The Lawyer: “More stringent procedures have been put in place than existed before.”

The firm would not comment on the nature of these new procedures, but added that it already has “extremely high standards of practice and training”.

Veneik resigned on Monday (14 January) with BLP insiders claiming he hid the fact that at the end of some deals he omitted to pay stamp duty and register the transfer of property.

Another property partner commented: “What everyone finds strange about it is that a senior partner should be doing payment of stamp duty and registration of property. It’s normally passed down to the minions.”

Veneik had relationships with Great Portland Estates and Legal & General.

Great Portland Estates property director Rob Noel said: “Vinay was not the only person we dealt with at BLP. We will not be considering reviewing the relationship any more than normal.”