Id. Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. 1225(a), unfair competition under 15 U.S.C. 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?" (Attachments: #1 Supplement Certificate of Good Standing USDC DC, #2 Supplement Cert . 2016) (concluding that "Houston College of Law" creates a substantial risk that potential purchasers would believe that it was connected with the University of Houston). (Doc. at 10. 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. 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. All. Although this lawsuit and others (Jimbo's Natural Foods is also suing) do not comment on preserving . No. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. 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 . The 110-foot, $20 million-plus mega-yacht is expected to launch in 2017. The news came less than two . WSO depends on everyone being able to pitch in when they know something. For the foregoing reasons, the Court DENIES Defendants' Motion for Summary Judgment. Stockdale acquired the mall in 2018 from Westfield for $175 million. 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.. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. It has secured a $550 million real estate opportunity fund to look at new opportunities. Defendants urge that the evidence presented here is more analogous to that in Amazing Spaces, Inc., 608 F.3d at 225. 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. In this case, the Court finds that the parties' marks share sufficient similarities that a consumer could conceivably believe that Defendants are associated with Plaintiff. . The lawsuit says the plaintiff, the owner of a Virginia plumbing business who allegedly paid the defendants "a staggering $347,075 in interest" in less than a year and an additional $68,494 in ACH program fees, is a prime example of "both the destruction of small businesses and the devastation to their individual owners and families." 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. 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 . Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. 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. 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. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. institutions including The Carlyle Group, Highbridge Capital and Morgan Stanley. Id. (Doc. Find the best employment attorney serving Stockdale. Defendants contend that "Stockdale" is at best merely descriptive because it is a surname and because it is geographically descriptive. Prior to making San Diego home, Jade worked in markets across the Southeast and Midwest, building a network of sources to tell the stories of people in each community. See, e.g. 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. in Denver, according to public records. vintage canvas 'painting ideas. 3d 928 (S.D. Redevelopment of Horton Plaza in downtown San Diego is ramping up with a $330 million loan secured by Stockdale Capital Partners with a group of funds managed by Alliance Bernstein. See In re Hutchinson Tech. The environment feels very comfortable and very artistic.. No. stockdale capital lawsuit. at 321-25. Stockdale Capital Partners has also raised a fund. Focused investments on compelling, premier opportunities. Pebble Beach Co. v. Tour 18 1 Ltd., 155 F.3d 526, 540 (5th Cir. william lupo obituary stockdale capital lawsuit. Stockdale Capital has been on a trading spree. The parties dispute the extent to which their real estate services overlap. 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). stockdale capital lawsuit. Copyright 2023 NBCUniversal Media, LLC. Stockdale Capital Partners is a growing vertically-integrated Los Angeles based real estate investment firm, affiliated with Stockdale Management, a property management firm. No. The product of builder Ernest W. Hahn, Horton Plaza opened in 1985 to national acclaim. The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. By contrast, generic marks "refer to the genus of which the particular product is a species," and thus are never registrable as trademarks. 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. Gensler is designing the project, and CBRE is in charge of leasing. Mr. RP 74. The other two instances provide a somewhat more tenable basis for actual confusion. 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. No. Here We Go Again (2018). As the USPTO determined, "Stockdale" as a surname is not rare, with 6013 entries in the Lexis database. 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. Gary Stockdale. They proposed an "innovation hub" focused on technology and biotechnology companies. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. (Doc. 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. Gary Stockdale is known for Star Trek Beyond (2016), Mamma Mia! Stockdale Capital isnt the only investor in downtown San Diego targeting tech tenants. In finding no secondary meaning, the court emphasized that the plaintiff's symbol was not prominently displayed in its advertisements. Moreover, as occurred on at least one occasion discussed above, real estate brokers evaluating bids, upon seeing "Stockdale," may initially confuse one Stockdale for the other, thereby causing one party to lose out on a transaction. . Dist., 912 F.3d 805, 811 (5th Cir. (Doc. The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." in the face of competition from online shopping outlets. The J.W. 41-15 Ex. Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." It also pointed to the absence of survey evidence and the fact that the consumer declarations showed that their confusion stemmed from the overall architecture of the facilities, not from the similarity of the plaintiff's and defendant's symbols. Xtreme Lashes, LLC, 576 F.3d at 228. 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. Like other hotels hit hard by the pandemic, Columbia Sussex tapped federal funding through the governments PPP loan program. She is a proud graduate of Florida Agricultural and Mechanical University. 53 at 18). The future Campus at Horton includes a boardwalk. Oct. 15, 2019). The organisation's status is listed as "Active". She worked as a multimedia journalist and anchor at WRTV in Indianapolis. 41-8); and it has sponsored various events such as the Design Week Dallas, 2018 Thrift Studio, and Light Up Lakewood (Doc. Apply to Senior Financial Accountant, Realtor, Line Cook/prep Cook and more! 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. buried verbs and zombie nouns examples how to increase accuracy in lstm model. Advertising media identity. Cir. With all major entitlement hurdles behind us and this financing now secure, we look forward to completing our redevelopment and revitalizing this incredible asset, said Daniel Michaels, a Stockdale managing director. Defendants claim they were not aware of Plaintiff prior to this claim and they maintain that Plaintiff is not a competitor in the same marketplace. Home; About us; Partner With Us; Contact Us; Sign Up; average 40 year old woman wrinkles . Industry: Venture capital companies Printer Friendly View Address: 10850 Wilshire Blvd Los Angeles, CA, 90024-4305 United States Authors Channel Summit. 61.7 F. Los Angeles. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. 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 . Jul 2018 - Present3 years 2 months. Greater San Diego Area View Troy's full profile . Earnhardt v. Kerry Earnhardt, Inc., 864 F.3d 1374, 1377 (Fed. the mall from the 600,000 square feet that was required in deed restrictions to 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. 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. Stay current on our latest investment opportunities and news affecting todays real estate investment industry. Tex. Exterior construction will begin shortly with 600-800 construction workers expected [] 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." Where the likelihood-of-confusion analysis is closely balanced, the question should be resolved in favor of the senior user. 300,000 square feet to make room for offices. Construction Efforts to Redevelop Horton Plaza to Continue in Earnest SAN DIEGO (March 9, 2020) -- Today, Stockdale Capital Partners ("Stockdale") announced the closing of a $330 million loan with a group of funds managed by Alliance Bernstein to continue redevelopment efforts at Horton Plaza. Stockdale Capital Partners. No. A mark is protectable if it is distinctive, meaning it must be "capable of distinguishing the applicant's goods from those of others." V. Houston Coll. Similarity of the services and purchaser identity. Jane has 5 jobs listed on their profile. 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. Compare top Ohio lawyers' fees, client reviews, lawyer rating, case results, education, awards, publications, social media and work history. Additionally, it intends to turn a path that winds through the development into a public boardwalk. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). To determine whether a mark has acquired secondary meaning, the Fifth Circuit considers the following factors: To support its contention that it has acquired secondary meaning, Plaintiff provides evidence that it has used the "Stockdale" mark continuously for the past thirty years since its inception in 1989. Century, 295 Fed. at 7, 9. Viacom Int'l, 891 F.3d at 193. 34-2 4). Stockdale purchased the bulk of the open-air shopping center last . Celotex, 477 U.S. at 322-25. Such associational confusion is particularly pertinent where, as here, both parties are real estate companies employing the name "Stockdale" with logos containing similar color schemes. 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. 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. 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). 53 at 18). Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. (Doc. 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. Stockdale plans to update and reposition the hotel while stabilizing . Stockdale Capital Partners' $275 million project, known as The Campus at Horton, could be halted unless the developer and Macy's can work out differences ahead of a June court date for a lawsuit recently filed by the retailer. The company is an owner-operator specializing in the redevelopment and. 2012) (quoting Am. No. However, proof of a defendant's intent is not required to establish trademark infringement. In each newsletter, we also highlight settlements that are ending soon, helping to ensure you don't miss out on money you're owed. Plaintiff also sought a permanent injunction, which the Court denied in January 2019. 1052(e); World Carpets, Inc. v. Dick Littrell's New World Carpets, 438 F.2d 482, 487 (5th Cir. for Good Gov't, 901 F.3d at 508. 2009). Cir. Its clear that there are many millennials who would like to live downtown, and do live downtown, but have to commute north to job centers. Stockdale Capital Partners. What jumps out at me the most is how open (the design) is, said Mark Cafferty, president and CEO of the San Diego Regional Economic Development Corporation. The state is expecting to hold hearings on the complaints in the coming weeks. The premise of the show was that two . Macy's filed a lawsuit to stop Stockdale Capital Partners' project. LOS ANGELES October 28, 2022 Stockdale Capital Partners (Stockdale), a Los Angeles-based, vertically-integrated real estate investment firm, won approval from the Los Angeles City Council for its 145,000 square-foot, Class-A medical building on Los Angeles Westside, adjacent to the Hotel on Brighton Blvd. 34-2 7, 9). The best employees, having . There, the plaintiff, a self-storage services company, sued a competitor for infringing upon its use of a particular star symbol. 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. For instance, it spent more than $50,000 to acquire the internet domain name, stockdale.com (Doc. As with secondary meaning, the question of likelihood of confusion is a heavily fact-bound inquiry that, in this case, is best reserved for a jury. See Xtreme Lashes, 576 F.3d at 229. Plaintiff relocated its headquarters to Texas in 2012. Lincoln Property Company (LPC), one of the largest full-service real estate firms in the United States - owning and managing over 400 million square . Two Pesos, 505 U.S. at 769. RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 F. Supp. Stream Live Now ; News; Recent Coverage; Originals; Trials; Court TV Mystery; Talent; About Us; Press; Contact Real Estate Private Equity. 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. In Morrisville, North Carolina, the Spark LS development, a $1B, 109-acre campus project by Starwood Capital Group and Trinity Capital, will spread 1.5M SF of lab space across more than a dozen . This is ClassAction.org's current list of open lawsuits and investigations. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. No. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. (2008) and Mamma Mia! All Rights Reserved. Fed. Renamed The Campus at Horton, the redeveloped mall will include 700,000 square feet of office space and 300,000 square feet of retail. (Doc. Indeed, "Stockdale" is not defined in the dictionary. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. Appx. In a trademark case, "[a]lthough the secondary meaning of a mark and the likelihood of confusion are ordinarily questions of fact, summary judgment may be upheld if the summary judgment record compels the conclusion that the movant is entitled to judgment as a matter of law." Smack Apparel, 550 F.3d at 478. Greater Los Angeles Area. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. Stockdale Capital Partners announced that it has Westfield for $175 million. Disciplined, effective property operations and improvements. 3d 573, 589 (S.D. Along the canal, Stockdale . Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. Address: 20 Greenway Plaza. The deal closed May 11. Opinions expressed by Forbes Contributors are their own. President SIXONENINE Design + Development, LLC Sep 2017 - Present 5 years 7 months. Id. 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'. Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. 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. 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. See, e.g., (Doc. The company said Stockdale had violated the terms of its lease with the redevelopment plans that shifted the malls emphasis as a retail center. Id. 34). Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . Sch. 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. (Doc. The Trademark Board considers several factors in determining the primary significance of the mark to the purchasing public, including: (1) the rarity of the name, (2) whether it is the name of the applicant, (3) whether there is a significant non-surname meaning, (4) whether the designation has the look and sound of a surname, and (5) whether the context of use contributes to the perception of the designation as a surname. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? 41 at 5). Veritas $450M loan default: A sign of things to come? 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. 41-7) and the International Council for Shopping Centers (Doc. By signing up for ClassAction.org's newsletter, you can read all about the latest class action settlements, making it easier than ever to claim money that's owed to you.
Lou Costello Funeral Pictures,
America's Best Wings Nutrition Factsknife Kits For Sale,
Greyhound Bus Driver Job Description,
350 Legend For Sale In Iowa,
Articles S
