Quadrexx Hedge Capital Management Ltd. v. Ontario Securities Commission, 2020 ONSC 4392
Jurisdiction | Ontario |
Judge | D.L. Corbett, Perell, and Gordon, JJ. |
Citation | 2020 ONSC 4392 |
Docket Number | 106/18 |
Court | Superior Court of Justice of Ontario (Canada) |
Date | 29 July 2020 |
-
- This document is available in original version only for vLex customers
View this document and try vLex for 7 days - TRY VLEX
- This document is available in original version only for vLex customers
Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

Unlock full access with a free 7-day trial
Transform your legal research with vLex
-
Complete access to the largest collection of common law case law on one platform
-
Generate AI case summaries that instantly highlight key legal issues
-
Advanced search capabilities with precise filtering and sorting options
-
Comprehensive legal content with documents across 100+ jurisdictions
-
Trusted by 2 million professionals including top global firms
-
Access AI-Powered Research with Vincent AI: Natural language queries with verified citations

Start Your 7-day Trial
14 practice notes
-
Table of cases
...SECURITIES LAW 586 Quadrexx Hedge Capital Management Ltd v Ontario Securities Commission, 2020 ONSC 4392 ...........................................................130, 537 Québec (Procureure générale) c Canada (Procureure générale), 2011 QCCA 591 .................................................
-
Kitmitto v Ontario (Securities Commission),
...or record every argument or aspect of the deliberation process: Quadrexx Hedge Capital Management Ltd. v. Ontario Securities Commission, 2020 ONSC 4392, 151 O.R. (3d) 709 (Div. Ct.), at paras. 120-121; R.E.M., at paras. 64-68: CAMPP, at para. 108, citing Vavilov, at para. 128. The reasons “......
-
Canadian Securities Regulators and Regulatory Instruments
...v Pioneer Ventures , 2021 BCCA 1; Langford Sharp , above note 19; Quadrexx Hedge Capital Management Ltd v Ontario Securities Commission , 2020 ONSC 4392 (Div Ct). 81 Capital Markets Modernization Taskforce, above note 44 at 23. Canadian Securities Regulators and Regulator y Instruments 131 ......
-
Securities Law Enforcement
...Langford Sharp v Autorité des marches inanciers , 2021 QCCA 1364; Quadrexx Hedge Capital Management Ltd v Ontario Securities Commission , 2020 ONSC 4392 (Div Ct). 131 OSA , s 151. 132 Jean Eaglesham, “SEC Trims Use of In-House Judges” Wall Street Journal (11 October 2015), online: www.wsj.c......
Get Started for Free
7 cases
-
Kitmitto v Ontario (Securities Commission),
...or record every argument or aspect of the deliberation process: Quadrexx Hedge Capital Management Ltd. v. Ontario Securities Commission, 2020 ONSC 4392, 151 O.R. (3d) 709 (Div. Ct.), at paras. 120-121; R.E.M., at paras. 64-68: CAMPP, at para. 108, citing Vavilov, at para. 128. The reasons “......
-
Rogers Communications Canada Inc. v. Ontario Energy Board, 2020 ONSC 6549
...c. J.1; [34] Supplementary Factum of the Appellants at para. 4 [35] Supplementary Factum of the Respondents at paras. 23-25 [36] 2020 ONSC 4392 (Div. Ct.) at para. 81. Baker v. Canada (Minister of Citizenship and Immigration) is found at [1999] 2 S.C.R. [37] 2014 FCA 59 (CanLII) at pa......
-
Municipal Property Assessment Corporation v Bell Canada,
...record every argument or aspect of the deliberation process: Quadrexx Hedge Capital Management Ltd. v. Ontario (Securities Commission), 2020 ONSC 4392, 151 O.R. (3d) 709 (Div. Ct.), at paras. To make an equity adjustment, the Board was not required to determine the relationship between the ......
-
Eley v. Ontario Securities Commission,
...An “appellate standard” of review applies to the appeal to this court: Quadrexx Hedge Capital Management Ltd. v. OSC, 2020 ONSC 4392, paras. 74-81 (Div. Ct.), applying Canada (Minister of Citizenship and Immigration) v. Vavilov, 2019 SCC 65. That is, to quote from Quadre......
Get Started for Free
5 firm's commentaries
-
Quadrexx Hedge Capital Management Ltd. v. Ontario Securities Commission: First Application Of The Vavilov Standard Of Review To An OSC Decision
...implications for the Ontario Securities Commission (the OSC). In Quadrexx Hedge Capital Management Ltd. v. Ontario Securities Commission, 2020 ONSC 4392, the Divisional considered for the first time the application of Vavilov to a decision of an OSC Hearing Panel. Background After a contest......
-
Quadrexx Hedge Capital Management Ltd. v. Ontario Securities Commission: First Application Of The Vavilov Standard of Review to an OSC Decision
...Ltd. v. Ontario Securities Commission, 2020 ONSC 4392, the Divisional Court considered for the first time the application of Vavilov to a decision of an OSC Hearing Panel. Background After a contested hearing, a Hearing Panel of the OSC (the Panel) found that Miklos Nagy and Tony Sanfelice,......
-
Ontario Divisional Court Applies Vavilov To Appeals From Ontario Securities Commission
...of the OSC on substantive legal grounds. But the Divisional Court's recent decision in Quadrexx Hedge Capital Management Ltd. v. OSC, 2020 ONSC 4392, has clarified that appeals from the OSC will no longer automatically be reviewed on a deferential standard of review. Applying the framework ......
-
Ontario Divisional Court Applies Vavilov to Appeals from Ontario Securities Commission
...grounds. But the Divisional Court's recent decision in Quadrexx Hedge Capital Management Ltd. v. OSC, 2020 ONSC 4392, has clarified that statutory appeals from the OSC will no longer automatically be reviewed on a deferential standard of review. Applying the framework articulated in Canada ......
Get Started for Free
3 books & journal articles
-
Table of cases
...SECURITIES LAW 586 Quadrexx Hedge Capital Management Ltd v Ontario Securities Commission, 2020 ONSC 4392 ...........................................................130, 537 Québec (Procureure générale) c Canada (Procureure générale), 2011 QCCA 591 .................................................
-
Canadian Securities Regulators and Regulatory Instruments
...v Pioneer Ventures , 2021 BCCA 1; Langford Sharp , above note 19; Quadrexx Hedge Capital Management Ltd v Ontario Securities Commission , 2020 ONSC 4392 (Div Ct). 81 Capital Markets Modernization Taskforce, above note 44 at 23. Canadian Securities Regulators and Regulator y Instruments 131 ......
-
Securities Law Enforcement
...Langford Sharp v Autorité des marches inanciers , 2021 QCCA 1364; Quadrexx Hedge Capital Management Ltd v Ontario Securities Commission , 2020 ONSC 4392 (Div Ct). 131 OSA , s 151. 132 Jean Eaglesham, “SEC Trims Use of In-House Judges” Wall Street Journal (11 October 2015), online: www.wsj.c......