Monday 23 October 2006 – LAWFUEL – Legal News Network – The Supreme Court of New South Wales today, by consent and without admissions, extended orders against Mr Neil Austin Burnard and Palentia Pty Ltd (Palentia), formerly known as Kebbel (NSW) Pty Ltd. Justice White extended orders preventing Mr Burnard and Palentia from disposing of their assets until 5.00 pm on 29 January 2007. The orders permit Mr Burnard and Palentia to pay certain expenses including ordinary living and operating expenses, school fees for Mr Burnard’s children, legal expenses incurred in these proceedings up to set amounts, and payments servicing loan facilities with ‘arms length’ financial institutions.
Justice White also continued orders restraining Mr Burnard from leaving Australia and from coming within 100 metres of an Australian point of overseas departure. Mr Burnard was previously required to deliver up all passports to the court and he continues to be restrained from applying for the issue of a new passport. The parties have liberty to apply to the Court in relation to these orders. The matter returns to Court for further hearing at 10.00am on 29 January 2007. For further information contact: Angela Friend ASIC Media Unit Telephone: 03 9280 3338 Mobile: 0412 058 800