Order: In the Matter of Money Gate Mortgage Investment Corporation et al.

Order
Download PDF

File No.: 2017-79

IN THE MATTER OF
MONEY GATE MORTGAGE INVESTMENT CORPORATION,
MONEY GATE CORP., MORTEZA KATEBIAN
and PAYAM KATEBIAN

 

Timothy Moseley, Vice-Chair and Chair of the Panel

July 6, 2018

ORDER

WHEREAS on July 6, 2018, the Ontario Securities Commission held a hearing at the offices of the Commission, located at 20 Queen Street West, 17th Floor, Toronto, Ontario for the third attendance in this matter;

ON HEARING the submissions of the representatives for Staff of the Commission (Staff) and for Money Gate Mortgage Investment Corporation, Money Gate Corp., Morteza Katebian and Payam Katebian (the Respondents);

IT IS ORDERED THAT:

  1. Staff’s motion regarding the summary of expected evidence of Payam Katebian shall be heard on August 8, 2018 at 10:00 a.m. and the parties shall adhere to the following timeline for the delivery of motion materials:
    1. Staff shall serve and file moving motion materials no later than July 13, 2018, but shall not be required to file initial written submissions;
    2. the Respondents shall serve and file responding motion materials, including written submissions, no later than July 23, 2018; and  
    3. Staff shall serve and file reply materials, including written submissions, by August 3, 2018;
  2. by no later than October 3, 2018, all parties shall serve every other party with a hearing brief containing copies of the documents, and identifying the other things, that the party intends to produce or enter as evidence at the merits hearing;
  3. all parties shall provide to the Registrar a copy of an index to the party’s hearing brief no later than October 9, 2018;
  4. the Final Interlocutory Attendance shall be heard on October 16, 2018 at 10:00 a.m.;
  5. all parties shall provide to the Registrar the electronic documents that the party intends to rely on or enter as evidence at the merits hearing, along with an Index File, no later than November 6, 2018; and  
  6. the hearing on the merits shall be heard on November 15, 16, 19, 26, 28, and 29, 2018, December 3, 4, 5, 6, 10, 12, 13, 14, 17, 18, 19, and 20, 2018 and January 7, 9, 10 and 11, 2019, commencing at 10:00 a.m. on each scheduled day, or such other dates and times as provided by the Office of the Secretary and agreed to by the parties.

 

" Timothy Moseley "
Timothy Moseley