That process may hinge around a. 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. However, Amazing Spaces is materially distinguishable. 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. However, while empirical evidence such as consumer surveys is the strongest evidence of secondary meaning, it is not required. Tex. A massive adaptive reuse project in downtown San Diego, Campus at Horton, signals the start of an urban lab boom. 41-15 Exh. Horton Plaza Redevelopment Advocacy Efforts - Docomomo Guilt And Redemption In The Kite Runner, See, e.g. Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." The center was sold by Australian investment firm QIC, which purchased it in late 2017 as part of a larger deal with . A descriptive mark can only be protectible when it has acquired secondary meaning. Parents . Buyer: Los Angeles-based Stockdale Capital Partners. 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. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. 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." of Law, 214 F. Supp. The product of builder Ernest W. Hahn, Horton Plaza opened in 1985 to national acclaim. Plaintiff relocated its headquarters to Texas in 2012. 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 and Jasper Ridge Partners have formed an institutional joint venture to recapitalize $142.5M Galleria Corporate Center in Scottsdale, AZ. STOCKDALE RADIOLOGY - 29 Reviews - 4000 Empire Dr, Bakersfield, CA - Yelp No. Macy's sued Stockdale Capital Partners in October arguing . 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 . A likelihood of confusion requires a "probability of confusion, which is more than a mere possibility of confusion." 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. 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. Stockdale purchased the bulk of the open-air shopping center last . 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. Xtreme Lashes, LLC, 576 F.3d at 228. Edward Kaen has been working at Stockdale Capital Partners for 4 years. 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. 34). WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. See Xtreme Lashes, 576 F.3d at 229. Indeed, "Stockdale" is not defined in the dictionary. 2017) (internal citation omitted). We need to have a vibrant space there, said Betsy Brennan, president and CEO of the Downtown San Diego Partnership. 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. Property records show two transactions totaling $71 million. william lupo obituary stockdale capital lawsuit. 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. Vel assumenda harum laborum alias. Stockdales managing director for hospitality, Bill Doak, confirmed the sale but would not provide an exact dollar amount. The future Campus at Horton includes a boardwalk. Attorneys are either actively filing these cases or investigating to determine whether lawsuits can be filed. At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. March 6, 2017. Finn began her career in broadcasting at KTLA and KCET in Los Angeles. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. Defendants urge that the evidence presented here is more analogous to that in Amazing Spaces, Inc., 608 F.3d at 225. 41-8); and it has sponsored various events such as the Design Week Dallas, 2018 Thrift Studio, and Light Up Lakewood (Doc. Horton Plaza is obviously critical to downtown. The moving party bears the burden of demonstrating the absence of a genuine issue of material fact. Inc., 852 F.2d at 556 (explaining that lack of dictionary definitions is indicia that the primary significance of a mark is as a surname). Attorney General James Sues Predatory Lender That Threatened Violence Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Stockdale plans to redevelop the mall into a $275 million high-tech office space with fitness studios and restaurants on the ground floor. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. at 7, 9. buried verbs and zombie nouns examples how to increase accuracy in lstm model. Real Estate Investing Group Focusing in Southwest | Stockdale 2010) (quoting Two Pesos, Inc. v. Taco Cabana, Inc., 505 U.S. 763, 768 (1992)). 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. No. S.p.A. v. Atlantic Sunglasses LLC, 2017 WL 6885602, at *5 (S.D. stockdale capital lawsuit - assuredtriumph.com Daily Business Report-Jan. 17, 2020, San Diego Metro Magazine Id. No. Sep 3, 2020. In finding no secondary meaning, the court emphasized that the plaintiff's symbol was not prominently displayed in its advertisements. Stockdale Capital Partners plans to resurrect the former Horton Plaza Mall, a . Mitaa Group Moves Ahead On Redevelopment of Shriners Hospital Stockdale plans to update and reposition the hotel while stabilizing . That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. 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. No. 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. (Doc. Macy's Planned Departure Clears Way for Overhaul of San Diego - PCC To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. It has secured a $550 million real estate opportunity fund to look at new opportunities. 'Insatiable Appetite' For Life Sciences Space Seeds Downtown - Bisnow There, the plaintiff, a self-storage services company, sued a competitor for infringing upon its use of a particular star symbol. 41-9). Andrew Saba - Managing Director - Stockdale Capital Partners, LLC No. 41 at 5). (Doc. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. By contrast, generic marks "refer to the genus of which the particular product is a species," and thus are never registrable as trademarks. Monday, Nov 28, 2022 . 34-8 at 2). See SA Bay LLC v. Hall, 849 F. Supp. Bulbs 4 East Side, Inc. v. Ricks, 199 F. Supp. stockdale capital lawsuit - Lindon CPA's 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." Settlement Reached In Horton Plaza Lawsuit - San Diego Business Journal Id. Wage theft is commonplace in San Diego. 3d 1151, 1159 (S.D. In Horton Plaza, which was owned by Westfield Corp., Stockdale Capital acquired a five-level, 900,000-square-foot property onten blocks that was once considered the jewel of downtown San Diego. stockdale capital lawsuit 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?" 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. Although Plaintiff testified that it does not track its advertising expenditures, id. No. 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). Stockdale Capital buys 175-key hotel from Columbia Sussex, which was accused of misusing PPP funds, Stockdale Capital Partners bought the 175-key hotel. Strength of the mark. Copyright 2023 NBCUniversal Media, LLC. A mark is primarily merely a surname if the surname "is the primary significance of the mark as a whole to the purchasing public." How Much Do Twitch Streamers Make Per Ad, 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. 34-5 at 138:15-24). 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. Going Vertical Where the likelihood-of-confusion analysis is closely balanced, the question should be resolved in favor of the senior user. 41-1 at 42, 97). . Sorry, you need to login or sign up in order to vote. If a mark has acquired secondary meaning, it is deemed to be a strong mark. Mark similarity "is determined by comparing the marks' appearance, sound, and meaning." 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. (Doc. The . Casetext, Inc. and Casetext are not a law firm and do not provide legal advice. 34-13 at 2). $450M Scottsdale redevelopment was decades in the making new homes for sale in gonzales, la; jfk airport covid testing requirements; norman, ok mayor political party; switzerland cemetery records; The best employees, having . No. Stockdale Capital Buys JW Marriott Santa Monica (Doc. Jimbo's asks court to halt Horton Plaza redevelopment To prevail on its infringement claim, Plaintiff must also show that "the defendant's use of the mark creates a likelihood of confusion in the minds of potential customers as to the source, affiliation, or sponsorship of the product at issue." (Doc. This factor weighs in favor of a likelihood of confusion. stockdale capital lawsuit. Field, flows and flares - horizontal drilling good-to-go. Here Are The Biggest LA Hotel Sales of 2021 - The Real Deal Los Angeles The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. 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. Pebble Beach Co. v. Tour 18 1 Ltd., 155 F.3d 526, 540 (5th Cir. Plaintiff claims that the current value of its real estate holdings is in excess of $150 million, and that since 2013 it has expended approximately $75 million in real estate acquisitions. 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. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. vintage canvas 'painting ideas. or Want to Sign up with your social account? 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. for Better Gov't, 901 F.3d 498, 505 (5th Cir. No. stockdale capital lawsuit. 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. Gary Stockdale is known for Star Trek Beyond (2016), Mamma Mia! 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. (internal quotation marks omitted). Indep. Defendants are also "involved in leasing and property management operations, but only as it relates to themselves for their own or their affiliates' properties." 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 Macys. The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. The total fine was more than $2million. 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. President SIXONENINE Design + Development, LLC Sep 2017 - Present 5 years 7 months. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. No. google classroom parent letter betaadjusted RE. Even sophisticated real estate entities may, at least initially, believe that the two parties are affiliated with one another, which could cause reputational harm. RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 F. Supp. For the foregoing reasons, the Court DENIES Defendants' Motion for Summary Judgment. The Yaris' company, Stockdale Capital Partners, filed plans in November for a 269-room hotel facing Camelback Road, featuring a rooftop pool and street-level shops. Stockdale Capital Partners. VIEW OUR HISTORY Investment Strategy. at 638). No. for Good Gov't v. Coal. 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. stockdale capital lawsuit - sure-reserve.com Every story is a dose of insight into how to run a better, more efficient, more profitable business. The premise of the show was that two . Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. - Advertisement - In 1979 she became KPBS Public Information Director, then Director of Advertising and Promotion, Program Director, and Director of Broadcasting. stockdale capital lawsuit 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. Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. focused on structured investment opportunities. . A defensive stalwart, Oswego Easts Tyler Jasek surprises Joliet West. Dist., 912 F.3d 805, 811 (5th Cir. Plaintiff, on the other hand, avers that the parties acquire the same types of properties, offer property management services, and perform similar business activities. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC.
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