Wind-Up and Sale of Joyce Place Strata
This website provides information about the wind-up and court ordered sale process of the Joyce Place Strata, Strata Plan LMS 992, with properties located at 3362-3376, 3378, 3380, 3382 and 3384 Vanness Avenue, Vancouver, B.C.
This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.
Wind-Up Petition
On July 7, 2021, the Owners, Strata Plan LMS 992 (“Joyce Place”) held a special general meeting to consider resolutions (the “Wind-Up Resolutions”) to wind-up Joyce Place and appoint Crowe MacKay & Company Ltd. (the “Liquidator”) as the liquidator of the strata pursuant to section 277 of the Strata Property Act. The Wind-Up Resolutions passed, having received 52 votes in favour, representing 81.9% of the 63 strata units, and 11.5 votes against.
On September 2, 2021, the Owners, Strata Plan LMS 299, commenced a petition in the B.C. Supreme Court seeking an order confirming the Wind-Up Resolutions (the “Wind-Up Petition”). The petition was heard on April 19-20, 2022 before Justice Marzari.
Copies of the Petition, Orders, supporting affidavits and all other material filed with the court are available for download below.
Current Status
On October 19, 2022, Justice Marzari issued Reasons for Judgment in the Wind-Up Petition. She granted all of the orders sought in the Wind-Up Petition, including confirmation of the wind-up of Joyce Place and confirmation of Crowe MacKay & Company Ltd. as the Liquidator for Joyce Place. A copy of Justice Marzari’s reasons for judgment can be found below.
The appointment of the Liquidator is effective as of October 19, 2022 and the Liquidator now has authority over the affairs of Joyce Place. As a practical matter, the Liquidator effectively takes over the role of the strata council. The Liquidator will continue to employ Mr. Leo Chan of Dwell Property Management as the strata management company. Owners should continue to contact Mr. Chan directly with issues related to Joyce Place at leo.chan@dwellproperty.ca. The Liquidator also intends to continue working alongside with the strata council as it relates to the preservation and protection of Joyce Place and a successful sale of same.
A copy of the entered court order confirming the wind-up of Joyce Place and the confirmation of Crowe MacKay & Company Ltd. as the Liquidator is available here.
Should you have any questions or concerns, below is the contact information for the Liquidator and property manager:
Crowe MacKay & Company Ltd.
1100-1177 West Hastings Street
Vancouver, BC V6E 4T5 Attn: Derek Lai
Dwell Property Management
Suite 170-4311 Viking Way
Richmond, BC V6V 2K9
Letters to Owners
Pleadings
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Response to Petition (owner respondents), filed November 29, 2021
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Response to Petition (First National Financial), filed December 15, 2021
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Amended Response to Petition (commercial owners), filed March 7, 2022
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Response to Petition (Intracorp Vanness Limited Partnership), filed April 7, 2022
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Application Response (Owners of Strata Plan LMS992), filed April 12, 2022
Orders