Order: In the Matter of Paramount Equity Financial Corporation et al.

Order

IN THE MATTER OF
PARAMOUNT EQUITY FINANCIAL CORPORATION, SILVERFERN SECURED MORTGAGE FUND, SILVERFERN SECURED MORTGAGE LIMITED PARTNERSHIP, GTA PRIVATE CAPITAL INCOME FUND, GTA PRIVATE CAPITAL INCOME LIMITED PARTNERSHIP, SILVERFERN GP INC., PARAMOUNT ALTERNATIVE CAPITAL CORPORATION, PACC AINSLIE CORPORATION, PACC COSTIGAN CORPORATION, PACC CRYSTALLINA CORPORATION, PACC DACEY CORPORATION, PACC GOULAIS CORPORATION, PACC HARRIET CORPORATION, PACC MAJOR MACK CORPORATION, PACC MAPLE CORPORATION, PACC MULCASTER CORPORATION, PACC REGENT CORPORATION, PACC SCUGOG CORPORATION, PACC SECHELT CORPORATION, PACC SHAVER CORPORATION, PACC SIMCOE CORPORATION, PACC THOROLD CORPORATION, PACC WILSON CORPORATION, TRILOGY MORTGAGE GROUP INC., TRILOGY EQUITIES GROUP LIMITED PARTNERSHIP, MARC RUTTENBERG, RONALD BRADLEY BURDON and MATTHEW LAVERTY

Timothy Moseley, Vice-Chair and Chair of the Panel 
Garnet Fenn, Commissioner
Heather Zordel, Commissioner

File No. 2019-12

March 2, 2020

ORDER

WHEREAS on March 2, 2020, the Ontario Securities Commission held a hearing at 20 Queen Street West, 17th Floor, Toronto, Ontario, to consider motions brought by Staff of the Commission (Staff), seeking leave to amend further the Amended Statement of Allegations in this proceeding, and seeking an adjournment of the hearing on the merits;

ON READING the motion materials filed by Staff, and on hearing the submissions of the representative for Staff, no one appearing for the respondents;

IT IS ORDERED, for reasons to follow, that:

  1. the hearing dates of March 5 and 9, 2020, are vacated;
  2. Staff’s motion to amend the Amended Statement of Allegations shall be heard on March 10, 2020, at 10:00 a.m.; and
  3. the hearing on the merits shall commence on March 10, 2020, and shall continue on March 11, 12, 23, 24, 25, 26, 27, and 30, 2020, at 10:00 a.m. on each scheduled day (except for March 23, 2020, on which date the hearing on the merits shall continue commencing at 9:00 a.m.), or on such other dates and times as provided by the Office of the Secretary and agreed to by the parties.

 

"Timothy Moseley"
Timothy Moseley
“Garnet W. Fenn”
Garnet W. Fenn
“Heather Zordel”
Heather Zordel