Fed. Id. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. 1971). Defendants contend that Plaintiff's mark, "Stockdale," is not protectable because it is merely descriptive as a surname or a geographical descriptor and has not acquired secondary meaning. Jul 2018 - Present3 years 2 months. Defendants "are a family of real estate investment, development, and management companies headquartered in Los Angeles." LOS ANGELESStockdale Capital Companions (Stockdale), a Los Angeles-based, vertically-integrated actual property funding company, bought the DoubleTree Suites Salt Lake Town Downtown. Stockdale Capital Partners is part of the Real Estate industry, and located in California, United States. Stockdale Capital Partners bought the 175-key hotel. Even sophisticated real estate entities may, at least initially, believe that the two parties are affiliated with one another, which could cause reputational harm. Design work on the 10-acre project is being led by Retail Design Collaborative and Rios, Clement Hale. Excel Best Practices To Avoid A Black Box Model. Rabobank was the successor institution. They work on some very ambitious and cool projects such as Horton Plaza redevelopment but there isn't much information on the inner workings of the firm. No. No. (Doc. (Doc. Menu. February 22, 2017. stockdale capital lawsuit. (Doc. The refit of Anodyne began when an American owner acquired a 98-foot (approximately 29.9-meter) Inace motoryacht in 2014, then-named Boundless. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). 3d 573, 589 (S.D. Here We Go Again (2018). Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. Home; About us; Partner With Us; Contact Us; Sign Up; average 40 year old woman wrinkles . The company in January reached a settlement of a lawsuit that had been filed by Macys. Los Angeles-based Stockdale's planned $275 million . Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. of Houston Sys. Greater San Diego Area View Troy's full profile . Tex. Opinions expressed by Forbes Contributors are their own. UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. Stockdale Radiology is a full-service imaging center with a dedicated women's center. Like hotel owners across the country, Columbia Sussex was slammed by the coronavirus. No. The deal closed May 11. Alpha generated through enhanced property-level operations. If we can get some of those high-paying tech jobs to downtown people will able to live and work in the same place.. The Court evaluates each in turn. A genuine issue of material fact exists if a reasonable jury could enter a verdict for the non-moving party. Plaintiff also sought a permanent injunction, which the Court denied in January 2019. The seller was Kentucky-based Columbia Sussex, which operates hotels across the country, and which was embroiled in a scandal over alleged misuse of federal Paycheck Protection Program last year. Id. An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." Although this lawsuit and others (Jimbo's Natural Foods is also suing) do not comment on preserving . 41-7) and the International Council for Shopping Centers (Doc. Here, as discussed supra, "Stockdale" is descriptive and there is a genuine question of fact as to whether it has acquired secondary meaning. The goal of this section is to provide consumers with a comprehensive resource on class action and mass tort lawsuits. The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. 300,000 square feet to make room for offices. Like other hotels hit hard by the pandemic, Columbia Sussex tapped federal funding through the governments PPP loan program. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. Stockdale Capital Partners offers enhanced returns through extensive market knowledge in streamlined acquisitions and well-managed property operations, all while preserving capital. in Denver, according to public records. Once-prominent real estate salesman David Crisp last week received two new default notices on the Stockdale Highway offices he bought in April and was named in a lawsuit demanding repayment The redevelopment is a mixed-use project centered on offices with some retail, renamed . As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. at 935. Sint in voluptatem facilis deleniti eveniet iusto nesciunt optio. (Doc. Prior to Indianapolis, she was an anchor and multimedia journalist at FOX Carolina in Greenville, SC. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. Appx. Stockdale Capital released its first public renderings of the Horton Plaza redevelopment project ahead of a meeting with Civic San Diego, and it's not good news. The new owner of The Shops at Northfield has added the real estate occupied by Macy's. An entity affiliated with Los Angeles-based Stockdale Capital Partners paid $8 million last week for the Macy's property at 8298 Northfield Blvd. The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. 101 Investment Banking Interview Questions, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF, Elite instructors from top BB investment banks and private equity megafunds, Includes Company DB + Video Library Access (1 year). Indeed, "Stockdale" is not defined in the dictionary. Address: 20 Greenway Plaza. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. B-1); it advertises its properties and brand in trade magazines and on websites (Doc. See SA Bay LLC v. Hall, 849 F. Supp. at 6. 53 at 16). Future owner Stockdale Capital Partners is now laying the groundwork to transform the 900,000-square-foot shopping center into San Diegos next big economic windfall: a modern office campus. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. 20 Stockdale jobs available on Indeed.com. It has secured a $550 million real estate opportunity fund to look at new opportunities. All. 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." 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. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. (Doc. Stockdale Capital Partners has also raised a fund. Before the pandemic, Le Merigot housekeeping staff had filed complaints with California, alleging the company withheld wages and failed to pay overtime, according to Unite Here, a labor union that represents around 50 workers at the hotel. Kurt Petersen, co-president of Unite Here Local 11, said he was excited to work with Stockdale, adding union members want peace, not to continue the war.. at 109, Plaintiff has provided evidence of its various advertising and promotional efforts. Defendants now move for summary judgment. The whimsical and colorful Horton Plaza Mall sits nearly empty on a corner of downtown San Diego. Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. A 19-story residential tower is in the works on the grounds of Our Lady of Mt. Ticketmaster Dallas Stars, They proposed an "innovation hub" focused on technology and biotechnology companies. In August 2018, Stockdale Capital Partners purchased the complex with the intention of developing it into The Campus at Horton, an office and retail complex. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. Exterior construction will begin shortly with 600-800 construction workers expected [] 53 at 15). 61.7 F. Los Angeles. To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. (Doc. 3d 1151, 1159 (S.D. Stockdale Capital Partners. Actual confusion. Sorry, you need to login or sign up in order to vote. Downtowns retail dead zone Horton Plaza is headed for permanent retirement. Century, 295 Fed. Two Pesos, Inc., 505 U.S. at 768 (citing Abercrombie & Fitch Co. v. Hunting World, Inc., 537 F.2d 4, 9 (2d Cir. 34-13 at 2). at 248. Macy's is not sold on the idea. Stockdale Capital Partners announced that it has Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE CAPITAL PARTNERS, LLC, et al, Defendants. Along the canal, Stockdale . 2008) (internal citations omitted). Tex. Stockdales plans would reduce retail space in The city has all the elements necessary for a vibrant live-work-play environment, save for the large blocks of urban, creative work space craved by major employers.. Moreover, as the USPTO further determined, the mark has the structure and pronunciation of a surname, there is no stylization associated with the mark that would remove its primary significance from being that of a surname, and the mark has no other known meanings. Bainbridge DXS and its management wing Torrey Pines Hotel Group, launched a $500 million fund earlier this year to buy up to 200 distressed properties. . No. Stockdale acquired the mall in 2018 from Westfield for $175 million. Similarity of the marks. Plaintiff learned of Defendants in 2017 after a broker from a real estate investment firm contacted Plaintiff to inquire whether they were involved in marketing a pending deal. No. Finn began her career in broadcasting at KTLA and KCET in Los Angeles. 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. stockdale capital lawsuit. Stockdale Capital Partners purchased a 175-key hotel. All. Stockdale Capital Partners has until December 2022 to deploy a $550 million fund it closed in February of last year, according to Dan Michaels, managing director of the Los Angeles-based private . 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" was chosen as a reference to Stockdale, California, where the company was founded. No. 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. 34-8 at 2). However, proof of a defendant's intent is not required to establish trademark infringement. No. (Doc. Stay current on our latest investment opportunities and news affecting todays real estate investment industry. The firm did not respond to multiple requests for comment. The developer expects to complete the first phase in 2020, although the plans are subject to city approval. Id. In total, the project will cost about $450 million to develop. A likelihood of confusion requires a "probability of confusion, which is more than a mere possibility of confusion." However, while empirical evidence such as consumer surveys is the strongest evidence of secondary meaning, it is not required. stockdale capital lawsuit. stockdale capital lawsuit Plaintiff Walter F. Jones filed his lawsuit against J.G. Macy's Continues Lawsuit Against Horton Plaza Redevelopment, News study outlines air pollution from Tijuana sewage, Art Show: 'The Possibility of Something Happening', MASTERPIECE CLASSIC: The Mystery Of Edwin Drood, Current rainy season could be a drought buster, forecaster says, Settlement reached in Tijuana sewage lawsuit, Brittney Griner urges the return of U.S. detainees abroad at NAACP Image Awards, Washington state attorney general says FDA rules on abortion drug are unreasonable, An Arizona driver is in custody after crashing into bicycling group, killing 2, How Cardiff's new farmers market may help keep small farms in business, San Diego officials work to stop elephant poaching. Cir. Gary Stockdale. 27, 2017) (quoting Am Rice, 518 F.3d at 332)). Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. 1052(e); World Carpets, Inc. v. Dick Littrell's New World Carpets, 438 F.2d 482, 487 (5th Cir. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. The total fine was more than $2million. Compare top Ohio lawyers' fees, client reviews, lawyer rating, case results, education, awards, publications, social media and work history. WSO depends on everyone being able to pitch in when they know something. 41-10). The company in January reached a settlement of a lawsuit that had been filed by Macy's. The company said Stockdale had violated the terms of its lease with the redevelopment plans that shifted. Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." Quilvest partners with Stockdale Capital to invest up to $100m for US medical RE. Plaintiff was not in fact involved with that deal. Although Plaintiff asserts three claims for relief under the Lanham Act and Texas common law, the same legal test applies to all three claims. 1225(a), and unfair competition under Texas common law. Joseph Wong Design Associates is designing that project, and JLL is in charge of leasing. Courts in the Fifth Circuit have found secondary meaning even in the absence of empirical evidence. 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Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. Renamed The Campus at Horton, the redeveloped mall will include 700,000 square feet of office space and 300,000 square feet of retail. Yari's company, Stockdale Capital, recently completed the adaptive reuse of the former Henkel Scottsdale headquarters near Loop 101 and Scottsdale Road, including renaming the building, the . Where the likelihood-of-confusion analysis is closely balanced, the question should be resolved in favor of the senior user. Nexera is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon . The Court finds neither the passing email inquiry nor allusions to third parties' confusion to be compelling evidence of actual confusion. No. Tex. Monday, Nov 28, 2022 . No. Tex. 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. Full title:STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE, Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. 2017) (internal citation omitted). Could more local solutions work. Focused investments on compelling, premier opportunities. . Stockdale Capital will rename the property the Campus at Horton, and the first phase of its redevelopment plan calls for brightening up the fortress-like building with light-filled creative office space across the upper floors and retail, entertainment and restaurants on the ground floor. HON. Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. Stockdale acquired the mall in 2018 from Westfield for $175 million. 2008). A). Plaintiff contends that the mark is arbitrary. 41-1 at 105-07); it pays for membership in industry groups such as the Urban Land Institute (Doc. 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. Strength of the mark. Stockdale plans to update and reposition the hotel while stabilizing . It further contends that there is no likelihood of confusion between Plaintiff and Defendants' marks. Stockdale Capital Partners serves customers in the States . 2d 679, 698 (S.D. Xtreme Lashes, 576 F.3d at 231. Id. Music Department: Star Trek Beyond. Greater Los Angeles Area. in the face of competition from online shopping outlets. at 237; see also Wal-Mart Stores, Inc. v. Samara Bros, Inc., 529 U.S. 205, 210-11 (2000). 41-1 at 42, 97). Macy's sued Stockdale Capital Partners in October arguing . 41-4 at 117), (Doc. Mr. RP 74. The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. The Company invests, owns, and operates multiple asset classes. 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. Summary judgment is proper when there is no genuine dispute as to any material fact and the moving party is entitled to judgment as a matter of law. of Regents of the Univ. It focuses on the "real estate design, construction, and property management space." at 508-09. Wal-Mart Stores, Inc., 529 U.S. at 210-11. The J.W. 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. Please visit our associate and lateral pages to learn more about the positions and a career at Baird Holm. The company said Stockdale had violated the terms of its lease with the redevelopment plans that shifted the malls emphasis as a retail center. In 1979 she became KPBS Public Information Director, then Director of Advertising and Promotion, Program Director, and Director of Broadcasting. The mall opened in 1985 but has grown obsolete That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. A mark is primarily merely a surname if the surname "is the primary significance of the mark as a whole to the purchasing public." 2010) (quoting Two Pesos, Inc. v. Taco Cabana, Inc., 505 U.S. 763, 768 (1992)). According to Pop Culture Crime, the Stockdale family of Beach City, Ohio, was one of the more aggressively traditional and wholesome families to ever appear on "Wife Swap." No. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. 2d 761, 722 (S.D. Id. This factor is neutral. 34-2 8). Westwood-based Stockdale Capital Partners bought the J.W. Today, however, the malls storefronts have been abandoned in recent years by retailers either struggling to adapt to an online-shopping world or dragged down by the centers fortress-like feel. San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. 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. at 8. why is there a plague in thebes oedipus. See, e.g., Viacom Int'l, 891 F.3d at 191. Stockdale Capital isnt the only investor in downtown San Diego targeting tech tenants. Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said.
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