What are the implications of a party refusing to produce a proper valuation for an asset?
Ontario, Canada
The following excerpt is from McNamee v. McNamee, 2012 ONSC 3515 (CanLII):
Moreover, where a party refuses to produce a valuation for an asset, the court may order that the party pay interim disbursements towards the completion of a proper valuation for that asset. This is so even in cases where neither party is necessarily affluent enough to hire a valuator. See Greenwood v. Greenwood (1988), 1988 Carswell Ont 322.
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