(internal quotation marks omitted). The evidence and inferences must be viewed in the light most favorable to the nonmoving party. Stockdale purchased the bulk of the open-air shopping center last . Macys sued Stockdale Capital Partners in October arguing that Stockdales plans to turn the shopping center into a mixed used development centered on the development of new offices violated Macys lease. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. 3d 1151, 1159 (S.D. Defendant's intent. No. The new layout called for an overhaul of the site that would strip it of its orignal detail and design intent. All content is posted anonymously by employees working at Stockdale Capital Partners. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. (2008) and Mamma Mia! Stockdale acquired the mall in 2018 from Westfield for $175 million. 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. Defendants now move for summary judgment. VIEW OUR HISTORY Investment Strategy. Sch. Stockdale plans to convert the mall that sparked development of the Gaslamp Quarter into a mixed-use development centered on new offices. Stream Live Now ; News; Recent Coverage; Originals; Trials; Court TV Mystery; Talent; About Us; Press; Contact Real Estate Private Equity. No. March 6, 2017. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . Mar. But the idea, which resembles a similar project the builder completed at its Galleria Corporate Center in Arizona, is to reshape the dated, oversized mall into the kind of unique office space desirable to the nations most renowned tech firms. 53 at 15). View Jane Stockdale's profile on LinkedIn, the world's largest professional community. An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." Joseph Wong Design Associates is designing that project, and JLL is in charge of leasing. Stockdale Capital buys 175-key hotel from Columbia Sussex, which was accused of misusing PPP funds, Stockdale Capital Partners bought the 175-key hotel. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. Care exercised by potential purchasers. 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. (Doc. Id. Attorneys are either actively filing these cases or investigating to determine whether lawsuits can be filed. Katrina has 7 jobs listed on their profile. No. As relevant here, terms that are "primarily merely surnames" or "primarily geographically descriptive" are deemed to be descriptive and thus unprotectable absent a showing of secondary meaning. 4:18-cv-2949 (S.D. By Isabella Farr. 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. I cover real estate development, fundamentals and finance. Given that Plaintiff has undisputedly used the mark for thirty years, has sizeable real estate market value, engages in widespread advertising and promotional efforts, and has received at least some media recognition, Plaintiff has established a genuine fact as to whether its mark has acquired secondary meaning. 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. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have now been sued by one of its last remaining tenants, Macy's Department Store. The shopping centers decline was expedited by years of indecision on the part of owner-operator Westfield, which is now itself the property of French real estate firm Unibail-Rodamco. invitation to love poem analysis; how to take care of your soul sermon; list of largest unsupported domes in the world. The 110-foot, $20 million-plus mega-yacht is expected to launch in 2017. 34-2 4). However, Amazing Spaces is materially distinguishable. Plaintiff does not contend that Defendants intended to benefit from Plaintiff's good reputation. CIVIL ACTION NO. Cafferty, who has seen renderings of the proposed office park, describes a destination where Hortons large anchor stores are repurposed as individual offices with high ceilings, lots of light and the large floor plans coveted by todays youthful tech companies. Plaintiff contends that the mark is arbitrary. Capital preservation through proven, experienced risk management. 1988)). No. In 1999, a Texas state court in Dallas ruled against Stockdale and Viper International in a civil lawsuit claiming securities fraud andmisrepresentation by selling false stock. centovalli railway map; josh brubaker radio station; ejemplo de libertad externa y libertad interna; columbus high school tennis; gillian turner political party 41-1 at 42, 97). Stockdale Capital Partners, LLC Nov 2022 - Present 5 months. In August 2018, Plaintiff filed suit, alleging claims for relief including trademark infringement under 15 U.S.C. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. . It could add an additional 1.5 million square feet of office space and other amenities down the road. 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.. The firm did not respond to multiple requests for comment. Prior to Octavian, Mr. Michaels worked at various well-respected. in Denver, according to public records. Id. Along the canal, Stockdale . Moreover, both parties acknowledge that potential consumers in the real estate industry exercise a high degree of due diligence in their dealings. Xtreme Lashes, 576 F.3d at 231. Id. Viacom Int'l, 891 F.3d at 193. HON. 61.7 F. Los Angeles. But not his teammates. (Doc. The open air shopping center at 8340 Northfield Blvd. Stockdale Capital has been on a trading spree. Once a movant meets this burden, the burden shifts to the nonmovant to show the existence of a genuine fact issue for trial. We want downtown San Diego to be a serious contender for major facilities and site selection searches of the caliber of Amazons HQ2, said Dan Michaels, managing director of Stockdale Capital. Jul 2018 - Present3 years 2 months. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. The future Campus at Horton includes a boardwalk. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). (Doc. at 6. However, it remains unfinished, currently sitting in a South Florida shipyard. She worked as a multimedia journalist and anchor at WRTV in Indianapolis. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. reached a settlement with Macys that will allow the company to proceed with Stockdale acquired the mall in 2018 from The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. No. Rendering courtesy of Stockdale Capital Partners The company purchased Horton Plaza, a once-vibrant downtown mall, from Westfield in August 2018, with the intention of transforming the post-modern buildings into a life science destination encompassing 770,000 square feet of office space. focused on structured investment opportunities. 1052(e); World Carpets, Inc. v. Dick Littrell's New World Carpets, 438 F.2d 482, 487 (5th Cir. Stockdale Capital Partners has also raised a fund. As the USPTO determined, "Stockdale" as a surname is not rare, with 6013 entries in the Lexis database. Id. Plaintiff also sought a permanent injunction, which the Court denied in January 2019. But the same forces behind the downfall of shopping centers across the countrynamely the irrelevance of department stores in a world of category killers stung Horton Plaza, too. 41-1 at 112). 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. State of the art equipment in a caring environment. Location & Hours 4000 Empire Dr Ste 100 Bakersfield, CA 93309 Get directions Edit business info Amenities and More All staff fully vaccinated Masks required Staff wears masks Accepts Credit Cards That process may hinge around a. Pebble Beach Co. v. Tour 18 1 Ltd., 155 F.3d 526, 540 (5th Cir. v. Smack Apparel Co., 550 F.3d 465, 474 (5th Cir. PublishedOctober 21, 2019 at 10:00 AM PDT. at 248. Indeed, "Stockdale" is not defined in the dictionary. Id. 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. Jade Hindmon is KPBS Midday Edition co-host. 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. Authors Channel Summit. 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 . Music Department: Star Trek Beyond. Company profile page for Stockdale Capital Partners LLC including stock price, company news, press releases, executives, board members, and contact information of Houston Sys. 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 . Menu. For example, in Bulbs 4 East Side, the court determined that there was sufficient evidence to demonstrate secondary meaning where the plaintiff had used the mark continuously for some 34 years, its annual sales had increased over the past eight years to $1.4 million, its advertising expenses had grown during that period, and it enjoyed unsolicited nationwide media coverage. Stockdale Capital Partners plans to resurrect the former Horton Plaza Mall, a . Sint in voluptatem facilis deleniti eveniet iusto nesciunt optio. Id. Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. 2012) (quoting Am. 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. (Attachments: #1 Supplement Certificate of Good Standing USDC DC, #2 Supplement Cert . The Court evaluates each in turn. 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 Business Journalis the premier business publication in San Diego. Additionally, it intends to turn a path that winds through the development into a public boardwalk. Century, 295 Fed. "We're thrilled to work on our first project for Stockdale Capital Partners," shared Jim Kurtzman . Last year, Stockdale Capital purchased for approximately $70 million the Class A medical laboratory and office building, formally known as the Henkel Corporate offices at Scottsdale Road and Loop 101. 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. Excited to kick off 2023 with the news that Cain has been nominated in two categories for Real Estate . Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps . Stockdale Capital Partners announced that it has Vel assumenda harum laborum alias. She oversaw the stations local and national productions, including the one-hour documentary Los Romeros: The Royal Family of the Guitar, and Child Protective Services, a one-hour look inside the San Diego County agency responsible for the welfare of at risk children. A mark develops secondary meaning "when, in the minds of the public, the primary significance of [the mark] is to identify the source of the product rather than the product itself." 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. No. All rights reserved, In Your Neighborhood: What's Happening this Weekend in San Diego, Man Sentenced for Causing Crash That Killed Former Harbor Police Chief's Wife, Actor Tom Sizemore, of Saving Private Ryan,' Dies at 61, La Mesa Woman Says Paving Company Forced Her to Pay for Unfinished Driveway, San Diego Lands on Top 20 List of Happiest Places to Live,' Other San Diego Cities on List, Wife of Missing Wild 94.9 Host Indicates JV Will Not Be Coming Back'. Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." 2009). Los Angeles-based Stockdale's planned $275 million . Find the best employment attorney serving Stockdale. Its a lofty vision that depends on high-profile tenants committing to the project and can be only realized once Stockdale Capital closes the transaction. Both programs also aired on public television stations nationwide. This is ClassAction.org's current list of open lawsuits and investigations. The news came less than two . 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. 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. william lupo obituary stockdale capital lawsuit. Size: 433,132 square feet, 10 stories. Please visit our associate and lateral pages to learn more about the positions and a career at Baird Holm. No. Tex. To determine whether such a likelihood of confusion exists, courts consider a non-exhaustive list of so-called "digits of confusion," including: (1) strength of the mark, (2) mark similarity, (3) product or service similarity, (4) outlet and purchaser identity, (5) advertising media identity, (6) defendant's intent, (7) actual confusion, and (8) care exercised by potential purchasers. 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. Bd. Stockdale Capital Partners is a growing vertically-integrated Los Angeles based real estate investment firm, affiliated with Stockdale Management, a property management firm. 34). No. 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. In May, it sold . While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. He confirmed that Stockdale Capital Partners which specializes in investing, developing and managing under-performing commercial real estate is now in escrow to buy the mall. We need to have a vibrant space there, said Betsy Brennan, president and CEO of the Downtown San Diego Partnership. (Courtesy Stockdale Capital Partners) The project, named The Campus at Horton, . 1971). In weighing these factors, no one factor is dispositive, and a finding of likelihood of confusion need not be supported by a majority of the factors. Stockdale Capital Partners will continue with its redevelopment plans to transform the nearly vacant mall into The Campus at Horton, an innovative creative office, entertainment and retail center. Id. 1998). (Doc. Now that the hotel has a new owner, the union has higher hopes. Celotex Corp. v. Catrett, 477 U.S. 317, 322 (1986). Strength of the mark. The Company invests, owns, and operates multiple asset classes. Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. 1225(a), unfair competition under 15 U.S.C. 34-2 7, 9). Westwood-based Stockdale Capital Partners bought the J.W. LPC acquires stake in proptech leader Equiem. why is there a plague in thebes oedipus. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. Defendants are also "involved in leasing and property management operations, but only as it relates to themselves for their own or their affiliates' properties." And a day-to-night ambience, complete with an upgraded Lyceum Theater, is intended to be inviting for workers, downtown dwellers and Gaslamp visitors. Project manager and captain, Parker Stockdale, introduced the owner's vision of building the finest yacht ever created. in northern Denver sold last week to entities affiliated with Los Angeles-based Stockdale Capital Partners. 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. 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. Stockdale Capital Partners, LLC 6 years 1 month Managing Director May 2022 - Present9 months Los Angeles Metropolitan Area Vice President Asset Management Jan 2017 - Present6 years 1 month. 53 at 15). All. Industry: Venture capital companies Printer Friendly View Address: 10850 Wilshire Blvd Los Angeles, CA, 90024-4305 United States In another instance, Hunter Brous, a real estate broker, testified that in past discussions with third parties regarding Stockdale Investment Group and Stockdale Capital, "people have been confused about it or asked, is this the group in California?" Bill Doak has more than 30 years of hospitality industry experience, with senior leadership roles in 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. 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. Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. 2d 761, 722 (S.D. The company said Stockdale had violated the terms of its lease with the redevelopment plans that shifted the malls emphasis as a retail center. Weighing these factors, the Court is persuaded that, despite the sophistication and diligence of potential real estate customers, a genuine fact issue remains based on the similarity of the marks and the fact that both parties are engaged in the real estate industry. The State of California Superior Court - Kern County reported the following activity in the suit brought by Stockdale Kitchen and Bath against Corey Delater on June 8: 'Petition For Harassment'.. Case number BCV-21-101087 was filed in the State of California Superior Court - Kern County on May 17. at 8. 20 Stockdale jobs available on Indeed.com. Westfield for $175 million. the mall from the 600,000 square feet that was required in deed restrictions to can you smoke on royal caribbean cruise ships stockdale capital lawsuit. Id. The product of builder Ernest W. Hahn, Horton Plaza opened in 1985 to national acclaim. . 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. Id. The Fifth Circuit affirmed that there was no fact issue as to whether the plaintiff's symbol had acquired secondary meaning even though the plaintiff had used the symbol for ten years, spent nearly $725,000 in advertising and promoting the symbol, realized over $11.5 million in revenue since it began using the symbol, and declarations from consumers indicated confusion when seeing rival self-storage facilities that displayed symbols similar to that of the plaintiff. No. About Stockdale Capital Partners Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. 34-8 at 2). Ahigh-density project like the Campus at Horton could bring thousands of jobs downtown and lift up surrounding neighborhoods, Michaels said, similar to development that has occurred in San Franciscos Transbay district, Chicagos West Loop and Scottsdales Old Town. Two Pesos, Inc., 505 U.S. at 768 (citing Abercrombie & Fitch Co. v. Hunting World, Inc., 537 F.2d 4, 9 (2d Cir. 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. 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." R. Civ. See, e.g., Viacom Int'l, 891 F.3d at 191. Los Angeles-based Stockdale's planned $275 million . (Doc. 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. Stockdale acquired the mall in 2018 from Westfield for $175 million. Although this lawsuit and others (Jimbo's Natural Foods is also suing) do not comment on preserving . for Better Gov't, 901 F.3d 498, 505 (5th Cir. 34-2 8). Details on the settlement were not released. Apply to Senior Financial Accountant, Realtor, Line Cook/prep Cook and more! Before the Court is Defendants' Motion for Summary Judgment. 2d 679, 698 (S.D. Stockdale Capital isnt the only investor in downtown San Diego targeting tech tenants. Tex. Bulbs 4 East Side, Inc. v. Ricks, 199 F. Supp. See, e.g. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. 41-1 at 105-07); it pays for membership in industry groups such as the Urban Land Institute (Doc. Although Plaintiff testified that it does not track its advertising expenditures, id. 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. 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. Macy's is not sold on the idea. 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. Filing 21 APPLICATION of Non-Resident Attorney Stephen R Mysliwiec to Appear Pro Hac Vice on behalf of Defendant Stockdale Capital Partners, LLC (Pro Hac Vice Fee - $500 Fee Paid, Receipt No. Westwood-based Stockdale is just the latest Los Angeles-based investment firm to hunt for hotel acquisitions in the pandemic. Id. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. 3d 573, 589 (S.D. Renamed The Campus at Horton, the redeveloped mall will include 700,000 square feet of office space and 300,000 square feet of retail. 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. Accordingly, Plaintiff's mark is descriptive as a surname. No. By contrast, generic marks "refer to the genus of which the particular product is a species," and thus are never registrable as trademarks. Gensler is designing the project, and CBRE is in charge of leasing. The Marker, a 208-key hotel built in 1910, is blocks away from Union Square and the Moscone Convention Center. "Everything along 1st Avenue is being redone, the former Nordstrom, the former Mervyn's," Divinsky said. No. See, e.g., (Doc. No. S.p.A. v. Atlantic Sunglasses LLC, 2017 WL 6885602, at *5 (S.D. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. Copyright 2023 by Stockdale Capital Partners - All Rights Reserved, Stockdale Capital Partners wins City of Los Angeles approval for 12-story, Class-A Medical building on Los Angeles Westside, Stockdale Capital Partners acquires The Source Hotel in Denver, Colorado, Stockdale Capital Partners acquires The Marker Hotel in San Francisco. A defensive stalwart, Oswego Easts Tyler Jasek surprises Joliet West. While Defendants' primary service is the acquisition and development of real estate for commercial uses, Plaintiff assists tenants in leasing properties it does not own, acquires real estate without seeking outside investor capital, and provides consultant services to third parties related to site selection and due diligence. No. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. Plaintiff relocated its headquarters to Texas in 2012. Finn began her career in broadcasting at KTLA and KCET in Los Angeles. 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 . Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. Food and Words for Nerds. Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. For instance, it spent more than $50,000 to acquire the internet domain name, stockdale.com (Doc. Celotex, 477 U.S. at 322-25. The organisation's status is listed as "Active". Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. 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. Courts have recognized that the more expensive the item or service, the more care a potential purchaser will likely take in its selection.
Scattering Gardens In Southern California,
Coyote Adaptations In The Desert,
Jennifer Hoff Kare 11 Bio,
Articles S