Order: In the Matter of Teknoscan Systems Inc. et al.

IN THE MATTER OF  
TEKNOSCAN SYSTEMS INC., H. SAMUEL HYAMS, PHILIP KAI-HING KUNG and SOON FOO (MARTIN) TAM

File No. 2022-19

October 13, 2023

ORDER

WHEREAS on October 12, 2023, the Capital Markets Tribunal held a hearing by videoconference to consider, among other things, a motion by DLA Piper (Canada) LLP (DLA Piper) to be removed as representative of record for the respondents, and for an adjournment of deadlines previously set in an order of the Tribunal dated August 3, 2023, to an unspecified date;

ON READING the materials filed by the parties, and on hearing the submissions of DLA Piper, Staff of the Ontario Securities Commission, and H. Samuel Hyams, appearing on his own behalf by telephone, no one appearing on behalf of the remaining respondents, although properly served;

IT IS ORDERED THAT:

1. pursuant to Rule 21(2) of the Capital Markets Tribunal Rules of Procedure and Forms, DLA Piper is removed as representative of record for the respondents;
2. DLA Piper’s request to adjourn the deadlines set out in paragraphs 2 and 3 of the August 3, 2023 order is denied;
3. a further attendance in this matter is scheduled for November 1, 2023, at 
   10:30 a.m., by videoconference, or on such other date and time as may be agreed to by the parties and set by the Governance & Tribunal Secretariat;
4. the previously scheduled merits hearing dates of December 4, 5 and 6, 2023, are vacated; and
5. additional merits hearing dates are scheduled for February 27, 28 and 29, 2023, at 10:00 a.m. on each hearing day, at the Capital Markets Tribunal located at 20 Queen Street West, 17th Floor, Toronto, Ontario, such that the merits hearing in this matter will commence on November 14, 2023 and continue on November 15, 16 and 17, December 7, 12, 14, 15 and 18, 2023, and February 13, 15, 16, 20, 21, 22, 23, 26, 27, 28, and 29, 2024, or on such other dates and times as may be agreed to by the parties and set by the Governance & Tribunal Secretariat.