At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. 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. 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. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. at 638). Disciplined, effective property operations and improvements. By Isabella Farr. In 1979 she became KPBS Public Information Director, then Director of Advertising and Promotion, Program Director, and Director of Broadcasting. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. The name "Stockdale" was on a list of potential buyers. Id. No. (John Kelley, John Gibbins, Jennifer Van Grove). 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. Size: 433,132 square feet, 10 stories. 34-2 4). Opinions expressed by Forbes Contributors are their own. Jade is a three-time Emmy nominee, a National Association of Black Journalists Salute to Excellence Finalist, and the recipient of a South Carolina Associated Press Award. "Everything along 1st Avenue is being redone, the former Nordstrom, the former Mervyn's," Divinsky said. new homes for sale in gonzales, la; jfk airport covid testing requirements; norman, ok mayor political party; switzerland cemetery records; In May, it sold . Mr. RP 74. 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. RP 74. capital or securities . Alpha generated through enhanced property-level operations. Louisville Football 2020 Stats, 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. 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 company in January reached a settlement of a lawsuit that had been filed by Macys. 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. (Stockdales) plan is thoughtful. 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. 27, 2017) (quoting Am Rice, 518 F.3d at 332)). Los Angeles-based Stockdale's planned $275 million . R. Civ. (Doc. A 19-story residential tower is in the works on the grounds of Our Lady of Mt. The refit of Anodyne began when an American owner acquired a 98-foot (approximately 29.9-meter) Inace motoryacht in 2014, then-named Boundless. Id. 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." Similarity of the marks. Here, the designs of the two marks, taken as a whole, are certainly distinguishable. 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. The Court addresses each in turn. Project manager and captain, Parker Stockdale, introduced the owner's vision of building the finest yacht ever created. Stockdale Capital Partners. 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. The Court finds neither the passing email inquiry nor allusions to third parties' confusion to be compelling evidence of actual confusion. 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. It has secured a $550 million real estate opportunity fund to look at new opportunities. 2019). (Doc. No. Defendants have demonstrated that their real estate investments are a "big ticket" item, RE/MAX Int'l, Inc., 655 F. Supp. They contended Columbia Sussex accepted $63 million in PPP funding intended to keep workers employed, but ended up laying off thousands of people. Id. 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. 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. stockdale capital lawsuit. . That process may hinge around a. 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. 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. Tex. 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. 41-4 at 117), (Doc. The mall was designed by architect Jon Jerdeand opened in 1985 in the citys historic Gaslamp Quarter. Find the best employment attorney serving Stockdale. Westfield did not respond to a request for comment. 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. This factor weighs in favor of a likelihood of confusion. It opened to great fanfare in 1985. 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. 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. This is ClassAction.org's current list of open lawsuits and investigations. LOS ANGELESStockdale Capital Partners (Stockdale) announced that it has acquired The Marker hotel in San Francisco for $77 million from Pebblebrook Hotel Trust. 34-5 at 138:15-24). Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps . The total fine was more than $2million. The lobby of the Galleria in Scottsdale, Ariz. Rabobank was the successor institution. 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. February 22, 2017. Greater Los Angeles Area. (Doc. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. 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. Actual confusion. 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. All rights reserved, 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'. It further contends that there is no likelihood of confusion between Plaintiff and Defendants' marks. While there, she launched The Weekend Edition of Good Morning Indiana and generated breaking news content for both broadcast and digital platforms. . If a mark has acquired secondary meaning, it is deemed to be a strong mark. The site is adjacent to where Stockdale is already developing the Marquee office building at Scottsdale Road and Shoeman Lane. 41-17 at 26:12-16). 1052(e); World Carpets, Inc. v. Dick Littrell's New World Carpets, 438 F.2d 482, 487 (5th Cir. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. 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. Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. Guilt And Redemption In The Kite Runner, It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. 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. Stockdales managing director for hospitality, Bill Doak, confirmed the sale but would not provide an exact dollar amount. The new layout called for an overhaul of the site that would strip it of its orignal detail and design intent. The center was sold by Australian investment firm QIC, which purchased it in late 2017 as part of a larger deal with . Details on the settlement were not released. Columbia Sussex listed the hotel, at 1740 Ocean Avenue, earlier this year. Oct. 15, 2019). 41 at 5). Field, flows and flares - horizontal drilling good-to-go. We are moving full steam ahead with leasing discussions and to announce a mix of exciting and impactful tenants shortly.. 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. No. Inc., 852 F.2d at 556. 34-8 at 2). The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. Defendants contend that "Stockdale" is at best merely descriptive because it is a surname and because it is geographically descriptive. Renamed The Campus at Horton, the redeveloped mall will include 700,000 square feet of office space and 300,000 square feet of retail. (internal quotation marks omitted). 1225(a), unfair competition under 15 U.S.C. focused on structured investment opportunities. Appx. is not active anymore since 2001-05-24 due to Merger - Without Assistance. Prior to Indianapolis, she was an anchor and multimedia journalist at FOX Carolina in Greenville, SC. 2d 679, 698 (S.D. 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 . The evidence and inferences must be viewed in the light most favorable to the nonmoving party. Defendants now move for summary judgment. 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. 41-1 at 112). Stockdale Capital Partners. LOS ANGELES - May 18, 2021 - Stockdale Capital Partners ("Stockdale"), a Los Angeles based, vertically-integrated real estate investment firm, announced that it acquired the JW Marriott Santa Monica Le Merigot in a deal that closed on May 11, 2021. invitation to love poem analysis; how to take care of your soul sermon; list of largest unsupported domes in the world. 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 . Accordingly, Plaintiff's mark is descriptive as a surname. The list is updated frequently, so check . Although Plaintiff asserts three claims for relief under the Lanham Act and Texas common law, the same legal test applies to all three claims. No. Springboards to Educ., 912 F.3d at 811. 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. Los Angeles-based Stockdale's planned $275 million . The Business Journalis the premier business publication in San Diego. Cir. 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. "The main elements of Horton Plaza that of architectural significance are associated with the internal courtyard it has which is kind of a connecting spine,. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. The Court made that decision in response to a lawsuit filed by the Sierra Club. Tex. See the complete profile on LinkedIn and discover Jane's connections and jobs at similar companies. 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. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. 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 . The premise of the show was that two . See, e.g., (Doc. Cir. the $275 million redevelopment of Horton Plaza in downtown San Diego. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. 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. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? Compare top Ohio lawyers' fees, client reviews, lawyer rating, case results, education, awards, publications, social media and work history. Industry: Venture capital companies Printer Friendly View Address: 10850 Wilshire Blvd Los Angeles, CA, 90024-4305 United States 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. 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. Id. No. Seller: Principal Real Estate Investors. P. 56(a). 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. 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. A massive adaptive reuse project in downtown San Diego, Campus at Horton, signals the start of an urban lab boom. Indeed, "Stockdale" is not defined in the dictionary. The 110-foot, $20 million-plus mega-yacht is expected to launch in 2017. 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. 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. Los Angeles-based Stockdale's planned $275 million . (John Kelley, John Gibbins, Jennifer Van. Plaintiff, on the other hand, avers that the parties acquire the same types of properties, offer property management services, and perform similar business activities. Prior to Octavian, Mr. Michaels worked at various well-respected. betaadjusted RE. Stream Live Now ; News; Recent Coverage; Originals; Trials; Court TV Mystery; Talent; About Us; Press; Contact Real Estate Private Equity. Co-founders Sean and Stephen Yari, Property on 1740 Ocean Avenue (Google Maps) JW Marriott Rumelia Gott Hotel Santa monica Sold to Stockdale Capital Partners for about $ 75 million Genuine Have learned.. Bill Doak, Managing Director of Hospitality at Stockdale, confirmed the sale but did not provide the exact amount. The record evidence raises factual questions regarding the extent to which the parties' real estate services overlap. Cho, through his firm Mitaa Group, owns a handful of commercial properties . 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. Tex. The organisation's status is listed as "Active". This factor weighs against a likelihood of confusion. can you smoke on royal caribbean cruise ships stockdale capital lawsuit. "We are gearing up to really get aggressive and. Although Plaintiff testified that it does not track its advertising expenditures, id. Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. Id. Agric. Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. Plaintiff does not contend that Defendants intended to benefit from Plaintiff's good reputation. 2017) (internal citation omitted). (Doc. . 34). Plaintiff provides only tenuous evidence that consumers have confused Defendants' junior mark for Plaintiff's senior mark. The company is an owner-operator specializing in the redevelopment and. Plaintiff relocated its headquarters to Texas in 2012. Smack Apparel, 550 F.3d at 478. of Supervisors for La State Univ. at 6. Defendants are also "involved in leasing and property management operations, but only as it relates to themselves for their own or their affiliates' properties." 10850 Wilshire Blvd Ste 1050, Los Angeles, California, 90024, United States. 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. 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. Bulbs 4 East Side, Inc. v. Ricks, 199 F. Supp. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). A defensive stalwart, Oswego Easts Tyler Jasek surprises Joliet West. Macy's is not sold on the idea. Recruiters / other best ways to find remote RE jobs? No. In total, the project will cost about $450 million to develop. Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. No. Occaecati qui excepturi quia fuga. in northern Denver sold last week to entities affiliated with Los Angeles-based Stockdale Capital Partners. KEITH P. ELLISON UNITED STATES DISTRICT JUDGE. 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 . 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. Stockdale Radiology is a full-service imaging center with a dedicated women's center. 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. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). Sorry, you need to login or sign up in order to vote. 53 at 15). Stockdale acquired the mall in 2018 from Westfield for $175 million. Before the Court is Defendants' Motion for Summary Judgment. 2010) (quoting Two Pesos, Inc. v. Taco Cabana, Inc., 505 U.S. 763, 768 (1992)). Copyright 2023 NBCUniversal Media, LLC. 1976)). This factor is also neutral. william lupo obituary stockdale capital lawsuit. No. Tex. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. 2d at 698, typically ranging between $50 million and $200 million and at times reaching up to $400 million. Tex. Defendants "are a family of real estate investment, development, and management companies headquartered in Los Angeles." Id. 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. Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. Stockdale plans to convert the mall that sparked development of the Gaslamp Quarter into a mixed-use development centered on new offices. at 7, 9. 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.
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