stockdale capital lawsuit

No. Century, 295 Fed. 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. 41-15 Exh. 61.7 F. Los Angeles. 1971). centovalli railway map; josh brubaker radio station; ejemplo de libertad externa y libertad interna; columbus high school tennis; gillian turner political party See In re Hutchinson Tech. Springboards to Educ., Inc. v. Hous. (Courtesy Stockdale Capital Partners) The project, named The Campus at Horton, . 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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. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). Los Angeles-based Stockdale's planned $275 million . HON. The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. Id. No. 4:18-cv-2949 (S.D. Id. 1998). PublishedOctober 21, 2019 at 10:00 AM PDT. 300,000 square feet to make room for offices. (Doc. Plaintiff relocated its headquarters to Texas in 2012. The Company invests, owns, and operates multiple asset classes. . Stockdale Capital Partners. A genuine issue of material fact exists if a reasonable jury could enter a verdict for the non-moving party. 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. Celotex, 477 U.S. at 322-25. 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. The . - Advertisement - 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. 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. Design work on the 10-acre project is being led by Retail Design Collaborative and Rios, Clement Hale. Edward Kaen has been working at Stockdale Capital Partners for 4 years. (John Kelley, John Gibbins, Jennifer Van Grove). See, e.g. Los Angeles, California. He was told that that was a different Stockdale. at 638). stockdale capital lawsuit. 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. 2d 761, 722 (S.D. KEITH P. ELLISON UNITED STATES DISTRICT JUDGE. Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said. Although this lawsuit and others (Jimbo's Natural Foods is also suing) do not comment on preserving . "We're thrilled to work on our first project for Stockdale Capital Partners," shared Jim Kurtzman . Id. (Doc. why is there a plague in thebes oedipus. stockdale capital lawsuit. No. Id. Nexera is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon . 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. Like other hotels hit hard by the pandemic, Columbia Sussex tapped federal funding through the governments PPP loan program. Greater Los Angeles Area. 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. (Attachments: #1 Supplement Certificate of Good Standing USDC DC, #2 Supplement Cert . Like hotel owners across the country, Columbia Sussex was slammed by the coronavirus. Tex. Xtreme Lashes, LLC, 576 F.3d at 228. Jade Hindmon is KPBS Midday Edition co-host. 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. (Doc. 53 at 16). Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? Even sophisticated real estate entities may, at least initially, believe that the two parties are affiliated with one another, which could cause reputational harm. buried verbs and zombie nouns examples how to increase accuracy in lstm model. Plaintiff contends that the mark is arbitrary. Copyright 2023 NBCUniversal Media, LLC. An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." for Good Gov't v. Coal. All. A descriptive mark can only be protectible when it has acquired secondary meaning. (Doc. 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. Stockdale acquired the mall in 2018 from Westfield for $175 million. Plaintiff does not contend that Defendants intended to benefit from Plaintiff's good reputation. Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. Plaintiff Walter F. Jones filed his lawsuit against J.G. Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. at 237; see also Wal-Mart Stores, Inc. v. Samara Bros, Inc., 529 U.S. 205, 210-11 (2000). Bd. (Doc. In one instance, following an article reporting on Stockdale Capital Partners' involvement with the redevelopment of a San Diego shopping mall, Plaintiff's managing partner received an email asking "Is this you guys?!" Plaintiff provides only tenuous evidence that consumers have confused Defendants' junior mark for Plaintiff's senior mark. The best employees, having . Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." Westwood-based Stockdale Capital Partners recently secured a $550 million real estate opportunity fund called SCP Real Estate Opportunities Fund I. The state is expecting to hold hearings on the complaints in the coming weeks. Veritas $450M loan default: A sign of things to come? The deal closed May 11. Stockdale Capital Partners and Jasper Ridge Partners have formed an institutional joint venture to recapitalize $142.5M Galleria Corporate Center in Scottsdale, AZ. 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 . 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. The total square footage of the properties, located at 9090 Wilshire. 2009). 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'. Stockdale Capital Partners. Id. 34-2 8). May 2021 - Present7 months. Los Angeles-based Stockdale's planned $275 million . 34-8 at 2). Its suit is based on its leases which grant them veto power over any changes. 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. Similarity of the services and purchaser identity. Address: 20 Greenway Plaza. 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. 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. 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. No. Although Plaintiff testified that it does not track its advertising expenditures, id. 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. at 8. Stockdale purchased the bulk of the open-air shopping center last . Sorry, you need to login or sign up in order to vote. 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. 2d at 698, typically ranging between $50 million and $200 million and at times reaching up to $400 million. (Doc. Sch. 41-7) and the International Council for Shopping Centers (Doc. Full title:STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE, Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. 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). Lincoln Property Company (LPC), one of the largest full-service real estate firms in the United States - owning and managing over 400 million square . However, it remains unfinished, currently sitting in a South Florida shipyard. (Doc. The latter three categories of marks are deemed inherently distinctive and are entitled to protection because their intrinsic nature serves to identify a particular source of a product. Property records show two transactions totaling $71 million. President SIXONENINE Design + Development, LLC Sep 2017 - Present 5 years 7 months. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. 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 bought the 175-key hotel. Cho, through his firm Mitaa Group, owns a handful of commercial properties . 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. of Houston Sys. That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. They contended Columbia Sussex accepted $63 million in PPP funding intended to keep workers employed, but ended up laying off thousands of people. 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. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. 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. 41-9). Quilvest partners with Stockdale Capital to invest up to $100m for US medical RE. 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. Tex. Similarity of the marks. No. 3d 1151, 1159 (S.D. Details on the settlement were not released. Id. 1225(a), unfair competition under 15 U.S.C. can you smoke on royal caribbean cruise ships stockdale capital lawsuit. 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. 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. See Xtreme Lashes, 576 F.3d at 229. February 22, 2017. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. Id. Id. Food and Words for Nerds. Occaecati qui excepturi quia fuga. 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. Stockdales reinterpretation of the space, Cafferty and Brennan said, is a welcome improvement as it add jobs to a region thats already been enriched by a smattering of residential towers. 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." Appx. This factor is also neutral. No. "A finding of a likelihood of confusion is a finding of fact." The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. No. Id. Tex. (Stockdales) plan is thoughtful. Stockdales managing director for hospitality, Bill Doak, confirmed the sale but would not provide an exact dollar amount. 53). 2d 679, 698 (S.D. LOS ANGELESStockdale Capital Partners (Stockdale) announced that it has acquired The Marker hotel in San Francisco for $77 million from Pebblebrook Hotel Trust. Compare top Ohio lawyers' fees, client reviews, lawyer rating, case results, education, awards, publications, social media and work history. About Stockdale Capital Partners Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. 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. Excel Best Practices To Avoid A Black Box Model. Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. (internal quotation marks omitted). Cir. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. Id. 53 at 15). institutions including The Carlyle Group, Highbridge Capital and Morgan Stanley. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. Stockdale Capital Partners bought the 175-key hotel. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. Opinions expressed by Forbes Contributors are their own. Both programs also aired on public television stations nationwide. 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. The environment feels very comfortable and very artistic.. 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. Notably, Plaintiff does not provide empirical evidence connecting Plaintiff's efforts to their efficacy in altering consumer association. Descriptive marks are not inherently distinctive because they merely "identif[y] a characteristic or quality of an article or service, such as its color, odor, function, dimensions, or ingredients." 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." (Doc. Please visit our associate and lateral pages to learn more about the positions and a career at Baird Holm. 1976)). . or Want to Sign up with your social account? Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. for Better Gov't, 901 F.3d 498, 505 (5th Cir. Monday, Nov 28, 2022 . Rabobank was the successor institution. Id. See the complete profile on LinkedIn and discover Jane's connections and jobs at similar companies. All content is posted anonymously by employees working at Stockdale Capital Partners. Id. Stockdale Capital Partners has sold two medical office properties in Beverly Hills and Santa Monica in a $156 million deal. See Bd. Could more local solutions work. At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. No. Id. Viacom Int'l, 891 F.3d at 193. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Attorneys At Baird Holm we are always looking for talented attorneys to help strengthen our firm. The other two instances provide a somewhat more tenable basis for actual confusion. 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'. The American Civil Liberties Union's West Virginia chapter filed a federal lawsuit last week. No. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. See In re Hutchinson Tech. The refit of Anodyne began when an American owner acquired a 98-foot (approximately 29.9-meter) Inace motoryacht in 2014, then-named Boundless. Downtown's retail ghost town is on the cusp of construction activity with Horton Plaza's owner now financially equipped to convert the property into a mixed-use office campus for elite tech tenants. Stockdale acquired the mall in 2018 from The name "Stockdale" was on a list of potential buyers. 2005-2023 Wall Street Oasis. 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. Id. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . Plaintiff relocated its headquarters to Texas in 2012. The goal is to finish the redevelopment of the mall in the second quarter of 2022, Divinsky said. & Mech. The news came less than two . 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. Stockdale Capital Partners purchased a 175-key hotel. Stockdale Capital Partners, LLC Oct 2020 - Present2 years 4 months Los Angeles Acquisitions & Investment strategy Senior Vice President, Real Estate Investments ClubCorp Feb 2018 - Feb 20202. 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 the mall's emphasis as a retail center. 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 lawsuit. In 1979 she became KPBS Public Information Director, then Director of Advertising and Promotion, Program Director, and Director of Broadcasting.