Ontario Securities Commission v. Future Solar Developments Inc. et al.
| Jurisdiction | Ontario |
| Court | Superior Court of Justice of Ontario (Canada) |
| Judge | Pattillo, J. |
| Citation | [2015] O.A.C. Uned. 385 (DC),[2015] O.A.C. Uned. 385,2015 ONSC 2334 |
| Date | 05 May 2015 |
| Subject Matter | SECURITIES REGULATION,COURTS,PRACTICE |
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12 practice notes
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Court Of Appeal Summaries (September 22-26, 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......
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Court Of Appeal Summaries (March 15 ' 19, 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......
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Ontario Securities Commission v. Traders Global Group Inc.
...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......
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Dunn v. British Columbia (Securities Commission)
...c) it is in the public interest to preserve the freeze order. [40] Justice Griffin also referred to the judgment in OSC v. Future Solar, 2015 ONSC 2334. In that case, the court concluded that amendments to the Ontario Securities Act, R.S.O. 1996, c. S.5, had lowered the threshold for the is......
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6 cases
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Ontario Securities Commission v. Traders Global Group Inc.
...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......
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Party A v. British Columbia (Securities Commission)
...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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Qin v. Ontario Securities Commission
...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......
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Ontario Securities Commission v. Cacoeli Asset Management Inc.
...in response to case law that held that a strong prima facie case was required for the continuation of freeze orders: OSC v. Future Solar, 2015 ONSC 2334, at paras. 16-17, 22. There is no basis to suggest that the legislature intended to impose a strong prima facie standard for receivership ......
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5 firm's commentaries
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Court Of Appeal Summaries (September 22-26, 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......
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Court Of Appeal Summaries (March 15 ' 19, 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......
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Ontario Court Of Appeal Clarifies That The Test To Continue A Freeze Order Under The Ontario Securities Act Has A Lower Standard Than The Test For Reasonable And Probable Cause.
...the freeze order passed the judicial check in s. 126 of the Securities Act on a motion to continue. Footnotes 1. OSC v Future Solar, 2015 ONSC 2334. 2. The Court of Appeal held that although Dow J. referred to abuse of process, on the facts of the case, there was no basis apart from issue......
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Regulatory And Civil Consequences Of Initial Coin Offerings In Ontario
...2017 LNONOSC 241 at para 63. [8] See, for example, Maitland Capital Ltd. (Re), 2012 LNONOSC 95; or Zeitsoff (Re), 2014 LNONOSC 11. [9] 2015 ONSC 2334. [10] Future Solar Developments Inc. at para [11] Rezwealth Financial Services Inc. (Re), 2013 LNONOSC 567 at para 272. [12] PlexCoin's recen......
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