stockdale capital lawsuit
Id. The mall opened in 1985 but has grown obsolete 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. The new owner of The Shops at Northfield has added the real estate occupied by Macy's. An entity affiliated with Los Angeles-based Stockdale Capital Partners paid $8 million last week for the Macy's property at 8298 Northfield Blvd. Stockdale Capital Partners bought the 175-key hotel. No. Stockdale acquired the mall in 2018 from Westfield for $175 million. Music Department: Star Trek Beyond. In August 2018, Plaintiff filed suit, alleging claims for relief including trademark infringement under 15 U.S.C. Id. Exterior construction will begin shortly with 600-800 construction workers expected [] R. Civ. See, e.g. Louisville Football 2020 Stats, Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. No. 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. Tex. Focused investments on compelling, premier opportunities. Its suit is based on its leases which grant them veto power over any changes. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 41-15 Exh. They proposed an "innovation hub" focused on technology and biotechnology companies. of Regents of the Univ. A massive adaptive reuse project in downtown San Diego, Campus at Horton, signals the start of an urban lab boom. That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. Culver City-headquartered mobile game developer Jam City Inc. reported Nov. 28 it acquired a new title from Uken Studios Inc., which does business as Uken Games. Id. About Stockdale Capital Partners Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. Similarity of the marks. Attorneys At Baird Holm we are always looking for talented attorneys to help strengthen our firm. 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. 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. Tex. Jade Hindmon is KPBS Midday Edition co-host. 41-4 at 117), (Doc. 20 Stockdale jobs available on Indeed.com. Jacob Stockdale, whose family was on Wife Swap Season 4, was recently sentenced to 30 years in prison for murdering his mother, Kathy, and his brother James. No. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. 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. Stockdale Capital Partners has also raised a fund. The J.W. Los Angeles, California. The developer expects to complete the first phase in 2020, although the plans are subject to city approval. 2008). william lupo obituary stockdale capital lawsuit. 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. LOS ANGELESStockdale Capital Partners (Stockdale) announced that it has acquired The Marker hotel in San Francisco for $77 million from Pebblebrook Hotel Trust. 4:18-cv-2949 (S.D. They feature, for example, different fonts, inverted color schemes, and one includes the additional words "Capital Partners." 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. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. Opinions expressed by Forbes Contributors are their own. Macy's sued Stockdale Capital Partners in October arguing . 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). The Campus at Horton will include 700,000 square feet ofoffice space that will be home to 3,000-4,000 new high-quality jobs. 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. See you on the other side! is not active anymore since 2001-05-24 due to Merger - Without Assistance. 53 at 15). 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. Stockdale Capital Partners. Luxottica Grp. at 237; see also Wal-Mart Stores, Inc. v. Samara Bros, Inc., 529 U.S. 205, 210-11 (2000). 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. Gensler is designing the project, and CBRE is in charge of leasing. (Doc. 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. See (Doc. Capital preservation through proven, experienced risk management. 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. Fed. Stockdale Capital Partners declined to comment for this story. 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." 2d 679, 698 (S.D. 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. Stockdale Capital Partners is part of the Real Estate industry, and located in California, United States. Copyright 2023 NBCUniversal Media, LLC. 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. Improper Integrals Examples. 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. 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. Complaint in Saba Capital CEF Opportunities 1 Ltd., of the Cayman Islands, and Saba Capital Management LP, of Delaware v. Nuveen Floating Rate Income Fund, Nuveen Floating Rate Income Opportunity Fund, Nuveen Short Duration Credit Opportunities Fund, Nuveen Global High Income Fund, Nuveen Senior Income Fund, Terence J. Toth, Jack B. Evans, William C. Hunter, Albin F. Moschner, John K. Nelson . reached a settlement with Macys that will allow the company to proceed with Indeed, "Stockdale" is not defined in the dictionary. 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. Recruiters / other best ways to find remote RE jobs? stockdale capital lawsuit 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. February 22, 2017. 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). Stockdale Capital Partners bought the 175-key hotel. No. The Business Journalis the premier business publication in San Diego. Food and Words for Nerds. 2016); see also Smack Apparel Co., 550 F.3d 465 (5th Cir. What additional experience/credentials can I get to set myself apart? 1998). 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. It opened to great fanfare in 1985. 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. 34-8 at 2). Stockdale Capital Partners, LLC Nov 2022 - Present 5 months. 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. Voluptates quis est qui aut nulla. Mr. RP 74. Tex. . 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. 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 . 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. Wal-Mart Stores, Inc., 529 U.S. at 210-11. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. The goal is to finish the redevelopment of the mall in the second quarter of 2022, Divinsky said. Sorry, you need to login or sign up in order to vote. Horton Plaza is obviously critical to downtown. 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 . Earnhardt v. Kerry Earnhardt, Inc., 864 F.3d 1374, 1377 (Fed. No. 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. This factor weighs in favor of a likelihood of confusion. Quilvest partners with Stockdale Capital to invest up to $100m for US medical RE. The Court made that decision in response to a lawsuit filed by the Sierra Club. San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. 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'. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. focused on structured investment opportunities. 41 at 5). No. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. However, Amazing Spaces is materially distinguishable. "A finding of a likelihood of confusion is a finding of fact." Both programs also aired on public television stations nationwide. See In re Hutchinson Tech. 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. 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. A mark develops secondary meaning "when, in the minds of the public, the primary significance of [the mark] is to identify the source of the product rather than the product itself." 41-9). Plaintiff Walter F. Jones filed his lawsuit against J.G. We are moving full steam ahead with leasing discussions and to announce a mix of exciting and impactful tenants shortly.. However, proof of a defendant's intent is not required to establish trademark infringement. The state is expecting to hold hearings on the complaints in the coming weeks. This factor is neutral. Provide . invitation to love poem analysis; how to take care of your soul sermon; list of largest unsupported domes in the world. Indep. 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." 41-1 at 105-07); it pays for membership in industry groups such as the Urban Land Institute (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." A). See, e.g., (Doc. The 110-foot, $20 million-plus mega-yacht is expected to launch in 2017. . She worked as a multimedia journalist and anchor at WRTV in Indianapolis. 34-13 at 2). Xtreme Lashes, 576 F.3d at 231. Westfield for $175 million. stockdale capital lawsuit. Gary Stockdale. In each newsletter, we also highlight settlements that are ending soon, helping to ensure you don't miss out on money you're owed. Stay current on our latest investment opportunities and news affecting todays real estate investment industry. The Marker, a 208-key hotel built in 1910, is blocks away from Union Square and the Moscone Convention Center. Two Pesos, Inc., 505 U.S. at 768 (citing Abercrombie & Fitch Co. v. Hunting World, Inc., 537 F.2d 4, 9 (2d Cir. 41-1 at 42, 97). Disciplined, effective property operations and improvements. It registered the name "Stockdale, LLC" and "Stockdale Capital" with the Texas Secretary of State in 2014 and 2017, respectively. Greater San Diego Area View Troy's full profile . Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. 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. for Good Gov't v. Coal. See SA Bay LLC v. Hall, 849 F. Supp. for Better Gov't, 901 F.3d 498, 505 (5th Cir. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. at 638). The moving party bears the burden of demonstrating the absence of a genuine issue of material fact. All. The partnership commissioned a study two years ago to show who is living downtown, what types of activity they like and where they want to live, Brennan said. Alpha generated through enhanced property-level operations. Id. Defendants contend that "Stockdale" is at best merely descriptive because it is a surname and because it is geographically descriptive. 41-16 at 20). Stockdale Capital Partners and Jasper Ridge Partners have formed an institutional joint venture to recapitalize $142.5M Galleria Corporate Center in Scottsdale, AZ. Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." There, the plaintiff, a self-storage services company, sued a competitor for infringing upon its use of a particular star symbol. Lincoln Property Company (LPC), one of the largest full-service real estate firms in the United States - owning and managing over 400 million square . Our vertically-integrated real estate investment group focuses on profitable opportunities within the Western United States. Stockdale acquired the mall in 2018 from 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?" Moreover, both parties acknowledge that potential consumers in the real estate industry exercise a high degree of due diligence in their dealings. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. Cir. 2012) (quoting Am. Rendering courtesy of Stockdale Capital Partners The company purchased Horton Plaza, a once-vibrant downtown mall, from Westfield in August 2018, with the intention of transforming the post-modern buildings into a life science destination encompassing 770,000 square feet of office space. 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.
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