This is an appeal from a Superior Court order appointing a receiver and manager for Go-To Developments Holdings Inc. and related entities, and continuing freeze directions, following an Ontario Securities Commission investigation into alleged securities law breaches, including misappropriation of investor funds by Oscar Furtado.
The appellants challenged the application judge's denial of an adjournment and the admission of Mr. Furtado's examination transcripts.
The Court of Appeal dismissed the appeal, finding no error in the adjournment denial, especially in light of fresh evidence demonstrating further misconduct by Mr. Furtado.
The court declined to address the admissibility of transcripts as the issue was not raised below.