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Project manager and captain, Parker Stockdale, introduced the owner's vision of building the finest yacht ever created. Our vertically-integrated real estate investment group focuses on profitable opportunities within the Western United States. Macy's Planned Departure Clears Way for Overhaul of San Diego - PCC Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. Id. at 7, 9. The company is an owner-operator specializing in the redevelopment and. Coll. Here, as discussed supra, "Stockdale" is descriptive and there is a genuine question of fact as to whether it has acquired secondary meaning. 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. See Bd. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. Xtreme Lashes, 576 F.3d at 231. 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. focused on structured investment opportunities. No. Dist., 912 F.3d 805, 811 (5th Cir. LOS ANGELESStockdale Capital Companions (Stockdale), a Los Angeles-based, vertically-integrated actual property funding company, bought the DoubleTree Suites Salt Lake Town Downtown. Jane has 5 jobs listed on their profile. The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. 41-1 at 42, 97). The American Civil Liberties Union's West Virginia chapter filed a federal lawsuit last week. No. Los Angeles-based Stockdale's planned $275 million . Quilvest partners with Stockdale Capital to invest up to $100m for US medical RE. Can Downtown San Diego Transform Into A Tech Hub? One - Forbes 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 instance, it spent more than $50,000 to acquire the internet domain name, stockdale.com (Doc. No. The total square footage of the properties, located at 9090 Wilshire. Plaintiff was not in fact involved with that deal. More Than Beakers And Pipettes: Biotech Developments Go Big Macy's filed a lawsuit to stop Stockdale Capital Partners' project. The Business Journalis the premier business publication in San Diego. 2012) (quoting Am. Expands and Extends Existing Lease at Stockdale Capitals Sugar Creek Complex, Stockdale Capital and Ace Parking Form Partnership with Grosvenor Group to Acquire Parking Assets, Stockdale Capital Announces Partnership with Siguler Guff & Company, LP, Stockdale Capital Purchases of Two West LA Medical Office Buildings, New 250,700 SF Creative Office Building Coming to Downtown Scottsdale. Kurt Petersen, co-president of Unite Here Local 11, said he was excited to work with Stockdale, adding union members want peace, not to continue the war.. It has secured a $550 million real estate opportunity fund to look at new opportunities. . Disciplined, effective property operations and improvements. Indep. This factor is neutral. 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 plans to update and reposition the hotel while stabilizing . Veritas $450M loan default: A sign of things to come? Along the canal, Stockdale . How Much Do Twitch Streamers Make Per Ad, Here, the designs of the two marks, taken as a whole, are certainly distinguishable. (Doc. A mark is primarily merely a surname if the surname "is the primary significance of the mark as a whole to the purchasing public." Id. Firm Sells Offices in $156M Deal - Los Angeles Business Journal The company is an owner-operator specializing . A genuine issue of material fact exists if a reasonable jury could enter a verdict for the non-moving party. 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. Kentucky-based Columbia Sussex sold the 175-key. Cir. Inc., 852 F.2d at 556. 3d 1151, 1159 (S.D. Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. 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." of Supervisors for La State Univ. What additional experience/credentials can I get to set myself apart? Guilt And Redemption In The Kite Runner, V. Houston Coll. Earnhardt v. Kerry Earnhardt, Inc., 864 F.3d 1374, 1377 (Fed. Sch. Copyright 2023 NBCUniversal Media, LLC. institutions including The Carlyle Group, Highbridge Capital and Morgan Stanley. See In re Hutchinson Tech. Stockdale Capital Partners offers enhanced returns through extensive market knowledge in streamlined acquisitions and well-managed property operations, all while preserving capital. Stockdale Capital Partner News | Stockdale Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. 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. Sorry, you need to login or sign up in order to vote. See (Doc. 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. Menu. 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. 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. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. 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. Id. 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. No. Although this lawsuit and others (Jimbo's Natural Foods is also suing) do not comment on preserving . No. (Doc. What do you want to hear hosts Jade Hindmon and Maureen Cavanaugh talk about on Midday? stockdale capital lawsuit. Mehdi Bolour faces 25 criminal charges over illegally rented Hollywood building, alleged misuse of federal Paycheck Protection Program, High Street, Daiwa bring resi to River Oaks, St. Charles revamp of torched resort takes center stage in local City Hall races, LIV plans massive resi project in Fort Worth, KBS deal to sell Union Bank Plaza to Joel Schreiber delayed for 9th time. Plaintiff provides only tenuous evidence that consumers have confused Defendants' junior mark for Plaintiff's senior mark. 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. stockdale capital lawsuit - nowwriteyourbook.com 41-1 at 112). Id. Id. Settlement Reached In Horton Plaza Lawsuit - San Diego Business Journal A mark is protectable if it is distinctive, meaning it must be "capable of distinguishing the applicant's goods from those of others." 34-5 at 138:15-24). See, e.g., (Doc. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. reached a settlement with Macys that will allow the company to proceed with Tex. President SIXONENINE Design + Development, LLC Sep 2017 - Present 5 years 7 months. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. 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. In each newsletter, we also highlight settlements that are ending soon, helping to ensure you don't miss out on money you're owed. 41 at 5). Tex. Macy's is filing suit against the Horton Plaza Mall demolition The moving party bears the burden of demonstrating the absence of a genuine issue of material fact. 3d 928 (S.D. 2019). Plaintiff contends that the mark is arbitrary. Stockdale purchased the bulk of the open-air shopping center last . Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. 20 Stockdale jobs available on Indeed.com. 2008) (affirming a grant of summary judgment on plaintiff's claim of trademark infringement on a record without survey evidence). Two Pesos, 505 U.S. at 769. Id. WSO depends on everyone being able to pitch in when they know something. There, the plaintiff, a self-storage services company, sued a competitor for infringing upon its use of a particular star symbol. Horton Plaza Mall believed to be in escrow with Stockdale Capital Partners A). Food and Words for Nerds. Stockdale Capital Partners | Wall Street Oasis The total fine was more than $2million. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. 41-16 at 20). Los Angeles, California. Plaintiff Walter F. Jones filed his lawsuit against J.G. 1052(e); World Carpets, Inc. v. Dick Littrell's New World Carpets, 438 F.2d 482, 487 (5th Cir. 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." Defendants now move for summary judgment. The . R. Civ. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. 41-1 at 105-07); it pays for membership in industry groups such as the Urban Land Institute (Doc. 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 . at 8. google classroom parent letter Edward Kaen has been working at Stockdale Capital Partners for 4 years. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? Nonetheless, even where marks are distinguishable, the inquiry is whether they are "similar enough that a reasonable person could believe the two products have a common origin or association." The developer expects to complete the first phase in 2020, although the plans are subject to city approval. The environment feels very comfortable and very artistic.. They feature, for example, different fonts, inverted color schemes, and one includes the additional words "Capital Partners." Similarity of the marks. 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. 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 center was sold by Australian investment firm QIC, which purchased it in late 2017 as part of a larger deal with . (Doc. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. The open air shopping center at 8340 Northfield Blvd. 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 . 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. Stockdale Capital Partners has also raised a fund. in the face of competition from online shopping outlets. stockdale capital lawsuit - assuredtriumph.com The organisation's status is listed as "Active". 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. As part of that Emmy Award winning team, she covered elections, landed exclusive interviews, and interviewed presidential candidates. 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. May 20, 2021 01:15 PM. In August 2018, Plaintiff filed suit, alleging claims for relief including trademark infringement under 15 U.S.C. Founded in 2010, Stockdale Capital Partners is a real estate investment firm focused on owning and acquiring assets in the western United States. Id. (2008) and Mamma Mia! Westfield did not respond to a request for comment. william lupo obituary stockdale capital lawsuit. The news came less than two . Plaintiff relocated its headquarters to Texas in 2012. (John Kelley, John Gibbins, Jennifer Van Grove). Mar. Defendant's intent. Stockdale Capital Partners, LLC Nov 2022 - Present 5 months. Macy's sued Stockdale Capital Partners in October arguing . While there, she launched The Weekend Edition of Good Morning Indiana and generated breaking news content for both broadcast and digital platforms. 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. Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. Plaintiff also sought a permanent injunction, which the Court denied in January 2019. 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. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. Rank: Chimp 3 . stockdale capital lawsuit Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. 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. This factor is neutral. Xtreme Lashes, LLC, 576 F.3d at 228. for Good Gov't v. Coal. Louisville Football 2020 Stats, Smack Apparel, 550 F.3d at 478. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. This factor is also neutral. (internal quotation marks omitted). 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. No. Every story is a dose of insight into how to run a better, more efficient, more profitable business. 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. Stockdales managing director for hospitality, Bill Doak, confirmed the sale but would not provide an exact dollar amount. LPC acquires stake in proptech leader Equiem. Defendants "are a family of real estate investment, development, and management companies headquartered in Los Angeles." (Stockdales) plan is thoughtful. Alpha generated through enhanced property-level operations. 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." Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said. 2010) (quoting Two Pesos, Inc. v. Taco Cabana, Inc., 505 U.S. 763, 768 (1992)). The J.W. 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. A descriptive mark can only be protectible when it has acquired secondary meaning. Although Plaintiff testified that it does not track its advertising expenditures, id. Bill Doak has more than 30 years of hospitality industry experience, with senior leadership roles in PublishedOctober 21, 2019 at 10:00 AM PDT. Size: 433,132 square feet, 10 stories. 1976)). 53 at 18). Stockdale Capital buys 175-key hotel from Columbia Sussex, which was accused of misusing PPP funds, Stockdale Capital Partners bought the 175-key hotel. They contended Columbia Sussex accepted $63 million in PPP funding intended to keep workers employed, but ended up laying off thousands of people. 2010) ("A trademark infringement and unfair competition action under Texas common law presents essentially no difference in issues than those under federal trademark infringement actions.") Actual confusion. 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." Full title:STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE, Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. 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. 53 at 15). Mark similarity "is determined by comparing the marks' appearance, sound, and meaning." Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). Real Estate Investing Group Focusing in Southwest | Stockdale Andrew Saba - Managing Director - Stockdale Capital Partners, LLC See you on the other side! Exterior construction will begin shortly with 600-800 construction workers expected [] All content is posted anonymously by employees working at Stockdale Capital Partners. 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. Liberty Corporate Capital, Ltd. v. Stockdale Capital Partners, LLC (Doc. Industry: Venture capital companies Printer Friendly View Address: 10850 Wilshire Blvd Los Angeles, CA, 90024-4305 United States Nexera is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon . 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. Westwood-based Stockdale Capital Partners recently secured a $550 million real estate opportunity fund called SCP Real Estate Opportunities Fund I. A 19-story residential tower is in the works on the grounds of Our Lady of Mt. The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. No. Company profile page for Stockdale Capital Partners LLC including stock price, company news, press releases, executives, board members, and contact information Stockdale Capital Partners serves customers in the States . From Mall to Life Science: A Rising Trend Stockdale plans to convert the mall that sparked development of the Gaslamp Quarter into a mixed-use development centered on new offices. (Doc. 41-15 Ex. Accordingly, Plaintiff's mark is descriptive as a surname. 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. (Doc. No. Newsletter Sign Up - Class Action betaadjusted RE. 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. Stockdale Capital released its first public renderings of the Horton Plaza redevelopment project ahead of a meeting with Civic San Diego, and it's not good news. Subscribe. Stockdale Capital Partners, LLC | LinkedIn KEITH P. ELLISON UNITED STATES DISTRICT JUDGE. Stockdale Capital Partners is a growing vertically-integrated Los Angeles based real estate investment firm, affiliated with Stockdale Management, a property management firm. 2009). 2018); Paulsson Geophysical Servs, Inc. v. Sigmar, 529 F.3d 303, 309 (5th Cir. However, actual confusion need not be proven to establish a likelihood of confusion; this factor is accordingly neutral. 41-9). Appx. why is there a plague in thebes oedipus. Stockdale Capital Partners - Crunchbase Company Profile & Funding stockdale capital lawsuit. Monday, Nov 28, 2022 . 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. Two Pesos, Inc., 505 U.S. at 768 (citing Abercrombie & Fitch Co. v. Hunting World, Inc., 537 F.2d 4, 9 (2d Cir. 2008). Bill Doak Joins Stockdale Capital Partners as Head of New Hospitality 2017) (internal citation omitted). Vel assumenda harum laborum alias. 2d at 698, typically ranging between $50 million and $200 million and at times reaching up to $400 million. No. Stockdale Jobs, Employment | Indeed.com stockdale capital lawsuit. Macy's Continues Lawsuit Against Horton Plaza Redevelopment of Regents of the Univ. 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 . 41-7) and the International Council for Shopping Centers (Doc.