Rankin v. Ontario Securities Commission, 2013 ONSC 837

CITATION: Rankin v. Ontario Securities Commission, 2013 ONSC 837

DIVISIONAL COURT FILE NO.: 590/11

DATE: 20130225

SUPERIOR COURT OF JUSTICE - ONTARIO

(DIVISIONAL COURT)

RE: Andrew Rankin v. Ontario Securities Commission

BEFORE: M. Brown, R.S.J., Matlow and Swinton JJ.

COUNSEL: James Lockyer and Richard Posner, for the Appellant Scott K. Fenton, for the Respondent

HEARD AT TORONTO: by written submissions

COSTS ENDORSEMENT

1The Ontario Securities Commission is entitled to costs of the appeal on a partial indemnity basis. This appeal does not raise any issue of broad public interest. Nor does the conduct of staff during the settlement negotiations warrant the denial of costs to the Commission despite its success on the appeal.

2Given this appeal proceeded over the course of two days and required an examination of extensive material, $20,000.00 is a reasonable amount for costs. Therefore, the appellant shall pay costs of $20,000.00 to the Commission, inclusive of HST and disbursements.

M. Brown R.S.J.

Matlow J.

Swinton J.