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 (the “Joyce Place Strata”) voted 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. On October 19, 2022, the B.C. Supreme Court confirmed the Wind-Up of Joyce Place Strata, including confirmation of Crowe MacKay & Company Ltd. as the Liquidator. The court also approved of the sale of Joyce Place to Intracorp Vanness Limited Partnership (“Intracorp”) pursuant to the terms of a Purchase and Sale Agreement dated January 11, 2021 (the “PSA”).
The sale to Intracorp has completed and the affairs of the Joyce Place Strata are concluded. The Liquidator is now seeking a court order approving its accounts and for its discharge. The hearing of that application is set for Thursday, May 14, 2026 at 10:00 a.m. in the Vancouver courthouse at 800 Smithe Street. The Liquidator’s Notice of Application and supporting affidavits are listed below under the heading Wind-Up Petition at items #46 to #49.
Current Status
On September 9, 2024, the sale of the Joyce Place lands to Intracorp completed. However, Intracorp disputed its liability to pay the purchase price adjustment (“PPA”) as set out in Schedule ‘G’ of the PSA. Intracorp also alleged various breaches of the PSA entitling it to damages.
In January 2026, the resulting litigation between Intracorp and the Joyce Place Strata was settled for the payment by Intracorp of a further $3 million. The settlement was approved by the Joyce Place Strata members at a special general meeting held on January 21, 2026. Between February and March 2026, the settlement proceeds and additional funds belonging to the Joyce Place Strata were paid out to owners by the Liquidator.
Copies of the Intracorp Claim, the Joyce Place counterclaim, and all materials filed in those proceedings are available for download at the links below under the heading Intracorp Claim.
Contact Details
Please notify the Liquidator if your email or mailing address changes in future, so that you can be provided with relevant updates.
Should you have any questions or concerns, the Liquidator’s contact information is:
Crowe MacKay & Company Ltd.
1100-1177 West Hastings Street
Vancouver, BC V6E 4T5 Attn: Derek Lai
Wind-Up Petition
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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
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Affidavit #2 of Derek Lai, sworn November 8, 2023, filed November 14, 2023
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Liquidator's Notice of Application, filed September 12, 2024
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Affidavit #3 of Derek Lai, sworn September 12, 2024, filed September 12, 2024
Intracorp Claim
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Requisition to Adjourn Hearing Scheduled on April 24, filed April 1, 2025
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List of Documents of Intracorp (with Schedule A) dated June 3, 2025
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Revised List of Documents of Intracorp (with Schedule A and B), dated June 25, 2025
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Appointment to Examine for Discovery D. Lai on September 9, 2025, dated August 20, 2025
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Appointment to Examine for Discovery E. Allegretto on September 8, 2025, dated August 20, 2025
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Amended Notice of Civil Claim, filed September 23, 2025
