(Doc. & Mech. It has secured a $550 million real estate opportunity fund to look at new opportunities. Plaintiff contends that the mark is arbitrary. Guilt And Redemption In The Kite Runner, Both programs also aired on public television stations nationwide. A few months before the malls sale, the owner of Jimbos Naturally food store chain filed a lawsuit against Westfield for breach of contract, claiming that the landlords failure to maintain the property drove away customers. The firm did not respond to multiple requests for comment. The Business Journalis the premier business publication in San Diego. Ticketmaster Dallas Stars, Disciplined, effective property operations and improvements. They feature, for example, different fonts, inverted color schemes, and one includes the additional words "Capital Partners." See, e.g. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. (Doc. Stockdale acquired the mall in 2018 from At what point is it worth leaving your job and running your own firm? Los Angeles-based Stockdale's planned $275 million . Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. Music Department: Star Trek Beyond. 41-1 at 105-07); it pays for membership in industry groups such as the Urban Land Institute (Doc. Prior to Octavian, Mr. Michaels worked at various well-respected. No. Marriott Le Merigot hotel in Santa Monica sold . Id. 41-15 Exh. They proposed an "innovation hub" focused on technology and biotechnology companies. Its part of a bid to transform San Diegos central business district into a tech hub by leveraging the high percentageof Millennials living in the city and the concentration of life science companies operating in the suburbs. Defendants "are primarily focused on the acquisition and development of real estate for commercial uses" and seek investments from "ultra-high net worth individuals." buried verbs and zombie nouns examples how to increase accuracy in lstm model. Earlier this month, Macy's West Stores, Inc. had filed a lawsuit against Stockdale Capital Partners, the Los Angeles-based real estate investment firm that purchased the Jon Jerde-designed . Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. Century, 295 Fed. 2010) (quoting Two Pesos, Inc. v. Taco Cabana, Inc., 505 U.S. 763, 768 (1992)). 34). Focused investments on compelling, premier opportunities. 2008) (affirming a grant of summary judgment on plaintiff's claim of trademark infringement on a record without survey evidence). Going Vertical Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). Plaintiff cites to an email and the depositions of individuals who work in the real estate industry and are familiar with Plaintiff to show that people confused Defendants and Plaintiff. The lawsuit filed after an 18-month-long investigation alleges that the companies have, since 2015, collected over $75 million on more than 1,900 fraudulent, illegal loans. Plaintiff contends in response that "Stockdale" is also the name for several cities, neighborhoods, and public schools across the country. 2d at 698, typically ranging between $50 million and $200 million and at times reaching up to $400 million. The company is an owner-operator specializing in the redevelopment and. Find the best employment attorney serving Stockdale. 41-8); and it has sponsored various events such as the Design Week Dallas, 2018 Thrift Studio, and Light Up Lakewood (Doc. 53 at 15). HON. While a jury may ultimately determine that there is no secondary meaning, whether a mark has acquired secondary meaning is usually a question of fact, and in this case is best reserved for a jury. Defendants have demonstrated that their real estate investments are a "big ticket" item, RE/MAX Int'l, Inc., 655 F. Supp. Address: 20 Greenway Plaza. at 237; see also Wal-Mart Stores, Inc. v. Samara Bros, Inc., 529 U.S. 205, 210-11 (2000). Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." No. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. Stockdale Capital Partners. To determine whether a mark is distinctive, marks are often classified into categories of generally increasing distinctiveness: they may be (1) generic, (2) descriptive, (3) suggestive, (4) arbitrary, or (5) fanciful. The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. 20 Stockdale jobs available on Indeed.com. Columbia Sussex listed the hotel, at 1740 Ocean Avenue, earlier this year. Rank: Chimp 3 . Westfield for $175 million. Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. The future Campus at Horton includes a boardwalk. Courts have recognized that the more expensive the item or service, the more care a potential purchaser will likely take in its selection. This is a trademark infringement and unfair competition dispute between Plaintiff Stockdale Investment Group d/b/a Stockdale ("Plaintiff") and Defendants, Stockdale Capital Partners, LLC and its affiliated companies (collectively "Defendants"), over the use of "Stockdale." Before the Court is Defendants' Motion for Summary Judgment. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. Stockdale Capital Partners, a Los Angeles-based opportunistic real estate investor, paid $175 million for the beleaguered Horton Plaza in the heart of downtown San Diego last week and plans to. Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. See, e.g., Viacom Int'l, 891 F.3d at 191. The lobby of the Galleria in Scottsdale, Ariz. Partner at Stockdale Capital Partners Los Angeles, California, United States 59 followers 41 connections Join to connect University of Pennsylvania - The Wharton School Activity We're. The mall opened in 1985 but has grown obsolete While a subsequent owner converted the shopping center into offices, Stockdale Capital renovated the assetand has attracted tenants such as Yelp, Indeed, Spacesand most recently,Zillow. Stockdale Capital Partners offers enhanced returns through extensive market knowledge in streamlined acquisitions and well-managed property operations, all while preserving capital. Tex. Stockdale Capital Partners announced that it has reached a settlement with Macy's that will allow the company to proceed with the $275 million redevelopment of Horton Plaza in downtown San Diego. Stockdale purchased the bulk of the open-air shopping center last . (Attachments: #1 Supplement Certificate of Good Standing USDC DC, #2 Supplement Cert . The Campus at Horton will be the pinnacle of mixed-use campuses in downtown and the exemplification of whats possible when innovative office design meets access to leading food, beverage, health and wellness offerings, said Steven Yari, a Stockdale management director. (Doc. Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. Additional office space is planned by Stockdale Capital Partners for Horton Plaza, although a pair of the mall's current tenants are fighting the conversion. Id. Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 230 n.7 (5th Cir. stockdale capital lawsuit 2005-2023 Wall Street Oasis. It's a lofty vision that depends on high-profile tenants committing to the project and can be only realized once Stockdale Capital closes the transaction. 4:18-cv-2949 (S.D. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. at 935. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. in northern Denver sold last week to entities affiliated with Los Angeles-based Stockdale Capital Partners. Shore Capital, a small London stockbroker whose business relies on small companies believing there is a benefit in being public, is quitting the stock market. By Posted halston hills housing co operative In anson county concealed carry permit renewal Coll. May 20, 2021 01:15 PM. Last year, Stockdale Capital Partners purchased the property for $175 million with a plan to repurpose Horton Plaza's post-modern buildings as an employment hub that would appeal to elite tech. Ground floor retail is still part of the envisioned equation, though storefronts will primarily feature singular, San Diego-inspired eateries along with boutique health and fitness venues. This factor is neutral. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). Id. Smack Apparel, 550 F.3d at 478. Los Angeles-based Stockdale's planned $275 million . No. A likelihood of confusion requires a "probability of confusion, which is more than a mere possibility of confusion." Jul 2018 - Present3 years 2 months. See, e.g., (Doc. Id. Food and Words for Nerds. It registered the name "Stockdale, LLC" and "Stockdale Capital" with the Texas Secretary of State in 2014 and 2017, respectively. Recruiters / other best ways to find remote RE jobs? Plaintiff relocated its headquarters to Texas in 2012. V. Houston Coll. WSO depends on everyone being able to pitch in when they know something. 1051 et seq., a plaintiff must show, first, ownership of a legally protectable mark and, second, a likelihood of confusion created by an infringing mark. The departure of Nordstrom in 2016, a preponderance of empty storefronts and a significant homeless presence in the adjacent Horton Plaza Park locally dubbed Homeless Plaza have all but doomed the propertys appeal as a shopping hub. 1225(a), unfair competition under 15 U.S.C. LOS ANGELESStockdale Capital Companions (Stockdale), a Los Angeles-based, vertically-integrated actual property funding company, bought the DoubleTree Suites Salt Lake Town Downtown. Sint in voluptatem facilis deleniti eveniet iusto nesciunt optio. Tex. 41-17 at 26:12-16). A mark is primarily merely a surname if the surname "is the primary significance of the mark as a whole to the purchasing public." Horton Plaza is obviously critical to downtown. Stockdale Capital Partners said Monday that an engineering and design firm found that the Horton Plaza redevelopment project has the necessary features to serve San Diego's thriving life . 1976)). The news came less than two . May 2021 - Present7 months. For the foregoing reasons, the Court DENIES Defendants' Motion for Summary Judgment. centovalli railway map; josh brubaker radio station; ejemplo de libertad externa y libertad interna; columbus high school tennis; gillian turner political party Id. By contrast, generic marks "refer to the genus of which the particular product is a species," and thus are never registrable as trademarks. stockdale capital lawsuit. Founded in 2010, Stockdale Capital Partners is a real estate investment firm focused on owning and acquiring assets in the western United States. Vel assumenda harum laborum alias. All content is posted anonymously by employees working at Stockdale Capital Partners. Mark similarity "is determined by comparing the marks' appearance, sound, and meaning." stockdale capital lawsuit. at 248. Nonetheless, even where marks are distinguishable, the inquiry is whether they are "similar enough that a reasonable person could believe the two products have a common origin or association." Where the likelihood-of-confusion analysis is closely balanced, the question should be resolved in favor of the senior user. In Horton Plaza, which was owned by Westfield Corp., Stockdale Capital acquired a five-level, 900,000-square-foot property onten blocks that was once considered the jewel of downtown San Diego. Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said. After considering the parties' filings, all responses and replies thereto, oral argument, and the applicable law, the Court finds that Defendants' Motion for Summary Judgment must be DENIED. The parties dispute the extent to which their real estate services overlap. Next door to Horton Plaza, British Columbia-based Bosa Developmentis planning a major redevelopment of the Paladion building to make way for 162,000 square feet of creative office space. LPC acquires stake in proptech leader Equiem. It further contends that there is no likelihood of confusion between Plaintiff and Defendants' marks. The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. 53). No. All. The decision to close, which is being characterized as temporary, comes as Someck continues his nearly two-year legal tussle with Horton owner Stockdale Capital Partners over the terms of the . The organisation's status is listed as "Active". In two of these instances, however, while the witnesses did wrongly presume that "Stockdale" referred to Plaintiff, the witnesses did not specifically confuse Defendants' mark for Plaintiff'sin other words, Defendants' mark was not the source of confusion. Bulbs 4 East Side, Inc. v. Ricks, 199 F. Supp. vintage canvas 'painting ideas. The real estate investment firm, currently in escrow on the Westfield-owned property, will strip the 33-year-old mall of its longstanding retail roots in favor of an all-inclusive, upscale work-and-play environment, according to multiple local community stakeholders who have been briefed on the firms plans. Bill Doak has more than 30 years of hospitality industry experience, with senior leadership roles in Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. "We're thrilled to work on our first project for Stockdale Capital Partners," shared Jim Kurtzman . But in October, eight Congress members including three from the L.A. area asked the Small Business Administration to investigate Columbia Sussex for allegedly misusing the funds. See the complete profile on LinkedIn and discover Jane's connections and jobs at similar companies. 300,000 square feet to make room for offices. No. In late January, three of its hotels were in foreclosure and the firm had at least $1.3 billion in CMBS debt, Bloomberg reported. To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. . 2008) (internal citations omitted). (Doc. in the face of competition from online shopping outlets. in heart of the burgeoning RiNO Arts District LOS ANGELES August 24, 2022 Stockdale Capital Partners (Stockdale), a Los Angeles-based, vertically-integrated real estate investment firm, announced that it acquired The Source hotel, along with 208-room hotel close to Union Square, Moscone Convention Center LOS ANGELES June 30, 2022 Stockdale Capital Partners (Stockdale), a Los Angeles-based, vertically-integrated real estate investment firm, announced that it acquired The Marker hotel in San Francisco for $77 Stay current on our latest investment opportunities and news affecting todays real estate investment industry. Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. Joseph Wong Design Associates is designing that project, and JLL is in charge of leasing. Stockdale Capital has been on a trading spree. What do you want to hear hosts Jade Hindmon and Maureen Cavanaugh talk about on Midday? In total, the project will cost about $450 million to develop. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. Westwood-based Stockdale Capital Partners recently secured a $550 million real estate opportunity fund called SCP Real Estate Opportunities Fund I. No. Defendants urge that the evidence presented here is more analogous to that in Amazing Spaces, Inc., 608 F.3d at 225. The . It focuses on the "real estate design, construction, and property management space." 2016); see also Smack Apparel Co., 550 F.3d 465 (5th Cir. for Better Gov't, 901 F.3d 498, 505 (5th Cir. . Stockdale Capital Partners declined to comment for this story. Attorneys At Baird Holm we are always looking for talented attorneys to help strengthen our firm. Lebanon-St. Peter Cathedral at 333 San Vicente Blvd. Greater Los Angeles Area. Stockdale plans to redevelop the mall into a $275 million high-tech office space with fitness studios and restaurants on the ground floor. for Good Gov't, 901 F.3d at 508. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. In the process, the developer hopes to create thousands of high-paying jobs and hundreds of millions of dollars if not billions in yearly economic impact. Buyer: Los Angeles-based Stockdale Capital Partners. 34-5 at 138:15-24). Id. The company is an owner-operator specializing . No. Mehdi Bolour faces 25 criminal charges over illegally rented Hollywood building, alleged misuse of federal Paycheck Protection Program, High Street, Daiwa bring resi to River Oaks, St. Charles revamp of torched resort takes center stage in local City Hall races, LIV plans massive resi project in Fort Worth, KBS deal to sell Union Bank Plaza to Joel Schreiber delayed for 9th time. (Doc. Indeed, "Stockdale" is not defined in the dictionary. 41-16 at 20). 2017) (internal citation omitted). stockdale capital lawsuit. Jane has 5 jobs listed on their profile. The Fund is currently required to allocate net capital gains and ordinary income taxable for U.S. federal income tax purposes, if any, proportionately between Common Shares . Indeed, Plaintiff's evidence suggests that one individual reached out to Plaintiff's CEO after seeing "Stockdale" on a list of potential buyers of a property he was selling. (Stockdales) plan is thoughtful. That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. The partnership commissioned a study two years ago to show who is living downtown, what types of activity they like and where they want to live, Brennan said. It allows the public to enjoy Horton Plaza, retains some wonderful retail space and high-end restaurant space, and gives downtown a whole new opportunity for Class A tech office space.. If we can get some of those high-paying tech jobs to downtown people will able to live and work in the same place.. Stockdale Capital Partners has also raised a fund. Stockdale Radiology is a full-service imaging center with a dedicated women's center. 53 at 15). It could add an additional 1.5 million square feet of office space and other amenities down the road. at 109, Plaintiff has provided evidence of its various advertising and promotional efforts. or Want to Sign up with your social account? Even sophisticated real estate entities may, at least initially, believe that the two parties are affiliated with one another, which could cause reputational harm. "Everything along 1st Avenue is being redone, the former Nordstrom, the former Mervyn's," Divinsky said. Culver City-headquartered mobile game developer Jam City Inc. reported Nov. 28 it acquired a new title from Uken Studios Inc., which does business as Uken Games. Plaintiff provides only tenuous evidence that consumers have confused Defendants' junior mark for Plaintiff's senior mark. Stockdale Capital Partners announced that it has reached a settlement with Macy's that will allow the company to proceed with the $275 million redevelopment of Horton Plaza in downtown San. The Company invests, owns, and operates multiple asset classes. (Doc. Id. See Xtreme Lashes, 576 F.3d at 229. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. Voluptates quis est qui aut nulla. Company Type For Profit Contact Email info@stockdalecapital.com Phone Number 281-201-3232 Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. The total fine was more than $2million. Downtowns retail dead zone Horton Plaza is headed for permanent retirement. However, such usage is not dispositive of the primary significance of "Stockdale" to the public and, in any event, this evidence does not overcome the USPTO's prima facie case against registration. On one hand, Defendants argue that the parties provide different services and operate on different scales. Luxottica Grp. Defendant's intent. The goal of this section is to provide consumers with a comprehensive resource on class action and mass tort lawsuits. 1225(a), and unfair competition under Texas common law. Size: 433,132 square feet, 10 stories. San Diego Mayor Kevin Faulconer and several business leaders have asked Macy's to stand down from their lawsuit against Stockdale Capital Partners, the new owners of Horton Plaza Mall. No. Additionally, it intends to turn a path that winds through the development into a public boardwalk. Similarly, the plazas main thoroughfare will lose its meandering bridges and staircases in favor of cleaner lines and an inviting pathway leading from a lusher Horton Plaza park on Broadway to a completely re-skinned former Nordstrom building on G Street. See 2(e), 15 U.S.C. Sorry, you need to login or sign up in order to vote. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. 2d 761, 722 (S.D. The premise of the show was that two . 41-1 at 112). Deleniti a sapiente doloribus et rerum. 34-2 8). Project manager and captain, Parker Stockdale, introduced the owner's vision of building the finest yacht ever created. "A finding of a likelihood of confusion is a finding of fact." Stream Live Now ; News; Recent Coverage; Originals; Trials; Court TV Mystery; Talent; About Us; Press; Contact Real Estate Private Equity. Copyright 2023 NBCUniversal Media, LLC. The open air shopping center at 8340 Northfield Blvd. No. Home; About us; Partner With Us; Contact Us; Sign Up; average 40 year old woman wrinkles . Jade Hindmon is KPBS Midday Edition co-host. 27, 2017) (quoting Am Rice, 518 F.3d at 332)). No. Stockdale Capital Partners, a Los Angeles-based opportunistic real estate investor, paid $175 millionfor the beleaguered Horton Plaza in the heart of downtown San Diego last week and plans to convert the mall into a mixed-use office and retail development that will cater to technology and creative companies. LOS ANGELES - April 19, 2021 - Stockdale Capital Partners ("Stockdale"), a Los Angeles-based, vertically-integrated real estate investment firm, announced that hospitality veteran William "Bill" Doak has joined the company as a Managing Director and Head of Stockdale Hospitality. at 228-29 (emphasis added) (determining that although distinguishable, the "Xtreme Lashes" and "Xtended Beauty" logos were sufficiently similar that consumers could believe that Xtended Beauty was a product line offered by Xtreme Lashes). Details on the settlement were not released. 2009). The strength of a mark is determined by the quality of the mark and, more importantly, by the degree to which it is recognized in the marketplace. 61.7 F. Los Angeles. Stockdale Capital Partners announced that it has reached a settlement with Macy's that will allow the company to proceed with the $275 million redevelopment of Horton Plaza in downtown San Diego. Actual confusion. Defendants "are a family of real estate investment, development, and management companies headquartered in Los Angeles." No. No. (Doc. Earnhardt v. Kerry Earnhardt, Inc., 864 F.3d 1374, 1377 (Fed. All Rights Reserved. Similarity of the services and purchaser identity. And a day-to-night ambience, complete with an upgraded Lyceum Theater, is intended to be inviting for workers, downtown dwellers and Gaslamp visitors. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? of Regents of the Univ. Here, as discussed supra, "Stockdale" is descriptive and there is a genuine question of fact as to whether it has acquired secondary meaning. He was told that that was a different Stockdale. Stockdale Capital already has a template for the project: Four years ago in the Old Town district of Scottsdale, Arizona, it acquired the 537,100-square-foot Galleria, an anchorless mall concept that opened in a sluggish economy in 1991 and then promptly closed two years later. He can shoot it., Justin Steele and 6 Chicago Cubs relievers combine for the 1st spring training no-hitter in franchise history, Leah Palmer experiences grand time as Geneva grinds out victory in Class 4A third-place game. A judge issued a temporary restraining order Monday and scheduled a July [] Natural foods grocer Jimbo's filed a Superior Court lawsuit in May of last year and Macy's filed a Superior Court lawsuit earlier this month. There, the plaintiff, a self-storage services company, sued a competitor for infringing upon its use of a particular star symbol. 41-4 at 117), (Doc. A genuine issue of material fact exists if a reasonable jury could enter a verdict for the non-moving party. Stockdale acquired the mall in 2018 from Westfield for $175 million. Like hotel owners across the country, Columbia Sussex was slammed by the coronavirus. How Much Do Twitch Streamers Make Per Ad, 41-2 3). That process may hinge around a.
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