Permanent Cease and Desist Order Against Antoinette Gail Freeman and 1301137 Ontario Inc. operating as TAKE II, TAKE II TEXTILES, ("1301137 Ontario Inc.")

REGARDING the Insurance Act, R.S.O. 1990, Chapter I.8, as amended, in particular sections393 and 441

 

AND REGARDING a Notice of Proposed Cease and Desist Order Against Antoinette Gail Freeman and 1301137 Ontario Inc. operating as  (“1301137 Ontario Inc.”)

 

AND REGARDING an Interim Cease and Desist Order Against Antoinette Gail Freeman and 1301137 Ontario Inc. operating as TAKE II, TAKE II TEXTILES, TAKE II INSURANCE and TAKE II INTROVISUALS (“1301137 Ontario Inc.”)

NOTICE OF PERMANENT CEASE AND DESIST ORDER

Section 441(2)of the Insurance Act, (the “Act”), provides that where the Superintendent is of the opinion that a person has committed or is committing any act, or has pursued or is pursuing any course of conduct, that is an unfair or deceptive act or practice, or might reasonably be expected to result in a state of affairs that would constitute an unfair or deceptive act or practice, the Superintendent may give notice in writing of his intention to order any person to cease or refrain from doing any act or pursuing any course of conduct identified by the Superintendent or to perform such acts that, in the opinion of the Superintendent, are necessary to remedy the situation. Within 15 days of receiving the notice, a person may request in writing that the Financial Services Tribunal hold a hearing before the Superintendent takes any action described in the notice.

Section 441(4) of the Act provides that if the Superintendent is of the opinion that the interests of the public may be adversely affected by any delay in the issuance of the order, the Superintendent may, without prior notice, make an interim order which takes effect immediately and which shall become permanent on the 15th day after its making unless within that time a hearing is requested.

On March 4, 2005 the Superintendent issued a notice under section 441(2) and an Interim Order under section 441(4) of the Act. The notice and Interim Order were served on Antoinette Gail Freeman and 1301137 Ontario Inc. on March 9, 2005. There has been no request for a hearing, and in accordance with section 441(4) of the Act the Interim Order became permanent on March 25, 2005.

The Superintendent confirms that the Interim Order dated March 4, 2005 (attached) is a Permanent Order as of March 25, 2005.

DATED at the City of Toronto on the th day of April, 2005.

___________________
Bryan P. Davies
Chief Executive Officer and
Superintendent of Financial Services

TO:
Antoinette Gail Freeman
22 Southport Street, Suite #437
Toronto ON M6S 4Y9

AND TO:
1301137 Ontario Inc. o/a TAKE II, TAKE II TEXTILES, TAKE II INSURANCE, and TAKE II INTROVISUALS
22 Southport Street, Suite #437
Toronto ON M6S 4Y9