When dealing with an asset in a volatile market, when dealing with a fluctuating market, what is the appropriate date?
British Columbia, Canada
The following excerpt is from Fraser v. Van Nus, 1986 CanLII 1043 (BC SC):
When dealing with an asset in a volatile market, rising or falling or both, it would be unrealistic and possibly unfair to be confined to a predetermined date unless there is a legal requirement to select such date: Johnson v. Agnew, [1980] A.C. 367, [1979] 2 W.L.R. 487, [1979] 1 All E.R. 883(H.L.).
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