Ontario Securities Commission v. Future Solar Developments Inc. et al.,

JurisdictionOntario
JudgePattillo, J.
CourtSuperior Court of Justice of Ontario (Canada)
Citation[2015] O.A.C. Uned. 385 (DC),[2015] O.A.C. Uned. 385,2015 ONSC 2334
Date05 May 2015

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10 practice notes
  • Court Of Appeal Summaries (March 15 ' 19, 2021)
    • Canada
    • Mondaq Canada
    • March 22, 2021
    ...Serious Issue to be Tried, Securities Act , R.S.O., 1990, c. S.5, Rules of Civil Procedure, Rule 21.01(3)(d), OSC v. Future Solar, 2015 ONSC 2334, Future Solar Developments Inc. et al., 2016 ONSEC 17 , Future Solar Developments Inc. et al., 2015 ONSEC 25 , Qin v. Ontario Securities Commi......
  • Court Of Appeal Summaries (September 22-26, 2025)
    • Canada
    • Mondaq Canada
    • October 1, 2025
    ...Securities, Enforcement, Receiverships, Securities Act, R.S.O. 1990, c. S.5, ss.129 (1) (2) (8) and s.126(5.1), OSC v. Future Solar, 2015 ONSC 2334, Jorshal Enterprises Limited v. J.D.H. Holdings Limited, 2025 ONSC 3216 Traders General Insurance Company v. Rumball, 2025 ONCA 656 Keywords: T......
  • Ontario Securities Commission v Traders Global Group Inc.
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • August 5, 2025
    ...a receiver under s. 129(2) of the Securities Act would no longer be met: Party A, at para. 196; OSC v. Future Solar Developments Inc., 2015 ONSC 2334, at paras. 21, 24, and 30. It is also important that the public have confidence in both the markets and the system that regulates the markets......
  • Party A v. British Columbia (Securities Commission)
    • Canada
    • Court of Appeal (British Columbia)
    • October 1, 2021
    ...Ontario Securities Commission then obtain court approval of the freeze order, on notice to the affected parties. In OSC v. Future Solar, 2015 ONSC 2334, the court considered the test to be applied by a court in continuing a freeze order pursuant to s. 126(5.1) of the Ontario Securitie......
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6 cases
  • Ontario Securities Commission v Traders Global Group Inc.
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • August 5, 2025
    ...a receiver under s. 129(2) of the Securities Act would no longer be met: Party A, at para. 196; OSC v. Future Solar Developments Inc., 2015 ONSC 2334, at paras. 21, 24, and 30. It is also important that the public have confidence in both the markets and the system that regulates the markets......
  • Party A v. British Columbia (Securities Commission)
    • Canada
    • Court of Appeal (British Columbia)
    • October 1, 2021
    ...Ontario Securities Commission then obtain court approval of the freeze order, on notice to the affected parties. In OSC v. Future Solar, 2015 ONSC 2334, the court considered the test to be applied by a court in continuing a freeze order pursuant to s. 126(5.1) of the Ontario Securitie......
  • Qin v. Ontario Securities Commission
    • Canada
    • Court of Appeal (Ontario)
    • March 18, 2021
    ...related companies under s. 127 of the Act. In May 2015, Pattillo J., directed that the freeze order should continue: OSC v. Future Solar, 2015 ONSC 2334. In May 2016, a panel of the OSC dismissed the allegations against the appellants and directed the freeze order lifted forthwith: Future S......
  • Ontario Securities Commission v. Saini
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • July 4, 2022
    ...The test for the “reasonable and expedient” standard is set out in OSC v. Future Solar, 2015 ONSC 2334, at para. 31. Future Solar was upheld by the Ontario Court of Appeal in Qin v. Ontario Securities Commission, 2021 ONCA 165 . The test, as set out by Justice Pattillo in Fut......
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