Order: In the Matter of Bridging Finance Inc. et al.

IN THE MATTER OF
BRIDGING FINANCE INC., DAVID SHARPE, NATASHA SHARPE and
ANDREW MUSHORE

File No. 2022-9

April 14, 2023

ORDER

WHEREAS on April 14, 2023, the Capital Markets Tribunal held a hearing by videoconference to schedule two motions brought by Staff of the Ontario Securities Commission (Staff) to: (1) compel further witness summaries from David Sharpe and Natasha Sharpe; and (2) dismiss the stay motions of David Sharpe and Natasha Sharpe;

ON HEARING the submissions of the representatives for each of Staff, David Sharpe, Natasha Sharpe, the receiver of Bridging Finance Inc., and Andrew Mushore;

IT IS ORDERED, for reasons to follow, that:

1. Staff’s motion for further witness summaries from David Sharpe and Natasha Sharpe shall be heard by videoconference at 10:00 a.m. on May 23 and 26, 2023, or on such other date and time as may be agreed to by the parties and set by the Governance & Tribunal Secretariat;
2. materials for Staff’s motion for further witness summaries shall be delivered as follows:
   1. David Sharpe and Natasha Sharpe shall each serve and file a responding motion record, if any, by 4:30 p.m. on April 21, 2023;
   2. Staff shall serve and file a reply record, if any, and written submissions, by 4:30 p.m. on May 3, 2023;
   3. each respondent shall serve and file responding written submissions, if any, by 4:30 p.m. on May 17, 2023; and
   4. Staff’s reply submissions, if any, shall be heard orally at the hearing of the motion;
3. Staff’s motion to dismiss the stay motions of David Sharpe and Natasha Sharpe shall be treated as having been withdrawn;
4. the stay motions of David Sharpe and Natasha Sharpe shall be heard by videoconference at 10:00 a.m. on May 23 and 26, 2023, or on such other date and time as may be agreed to by the parties and set by the Governance & Tribunal Secretariat;
5. materials for David Sharpe’s and Natasha Sharpe’s motions shall be delivered as follows:
   1. David Sharpe and Natasha Sharpe shall serve and file by 4:30 p.m. on April 21, 2023, written submissions that:
      1. identify the witnesses for whom they wish to have summonses issued in support of their stay motions;
      2. describe the topics anticipated to be covered by each witness; and
      3. address the reasons they seek each witness’s testimony;
   2. Staff shall serve and file responding materials, if any, and written submissions, by 4:30 p.m. on April 28, 2023;
   3. David Sharpe and Natasha Sharpe shall serve and file written reply submissions, if any, by 4:30 p.m. on May 3, 2023;
   4. Natasha Sharpe shall serve and file the record for her motion for a stay, by 4:30 p.m. on May 12, 2023;
   5. Staff, Andrew Mushore and the receiver of Bridging Finance Inc. shall each serve and file a responding motion record, if any, by 4:30 p.m. on May 15, 2023;
   6. David Sharpe and Natasha Sharpe shall serve and file a reply record, if any, and written submissions, by 4:30 p.m. on May 16, 2023;
   7. Staff, Andrew Mushore and the receiver of Bridging Finance Inc. shall each serve and file responding written submissions, if any, by 4:30 p.m. on May 18, 2023; and
   8. David Sharpe’s and Natasha Sharpe’s reply submissions, if any, shall be heard orally at the hearing of the motion.