Katrina has 7 jobs listed on their profile. Defendants now move for summary judgment. No. Keep up with all the latest news, arts and culture, and TV highlights from KPBS. Excited to kick off 2023 with the news that Cain has been nominated in two categories for Real Estate . Jul 2018 - Present3 years 2 months. Courts in the Fifth Circuit have found secondary meaning even in the absence of empirical evidence. Location. (Doc. stockdale capital lawsuit. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. A mark is protectable if it is distinctive, meaning it must be "capable of distinguishing the applicant's goods from those of others." Stockdale purchased the bulk of the open-air shopping center last . 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. Here, as discussed supra, "Stockdale" is descriptive and there is a genuine question of fact as to whether it has acquired secondary meaning. The J.W. The best employees, having . Sorry, you need to login or sign up in order to vote. Stockdale Capital Partners, LLC 6 years 1 month Managing Director May 2022 - Present9 months Los Angeles Metropolitan Area Vice President Asset Management Jan 2017 - Present6 years 1 month. Columbia Sussex listed the hotel, at 1740 Ocean Avenue, earlier this year. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. We're championing. 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. No. v. Smack Apparel Co., 550 F.3d 465, 474 (5th Cir. No. The company said Stockdale had violated the terms of its lease with the redevelopment plans that shifted the malls emphasis as a retail center. Prior to Octavian, Mr. Michaels worked at various well-respected. 41-1 at 112). Additionally, it intends to turn a path that winds through the development into a public boardwalk. A likelihood of confusion requires a "probability of confusion, which is more than a mere possibility of confusion." Coll. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. Plaintiff also attempted to register "Stockdale" as a trademark with the U.S. Patent and Trademark Office (the "USPTO"), but was denied the registration in 2018 on the basis that "Stockdale" is primarily a surname. 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. Asset include: commercial office, medical office/life science, hospitality, retail and mixed-use. in northern Denver sold last week to entities affiliated with Los Angeles-based Stockdale Capital Partners. Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. See, e.g. We are moving full steam ahead with leasing discussions and to announce a mix of exciting and impactful tenants shortly.. 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. Celotex Corp. v. Catrett, 477 U.S. 317, 322 (1986). Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. 2d 679, 698 (S.D. 2d 761, 722 (S.D. the mall from the 600,000 square feet that was required in deed restrictions to View Jane Stockdale's profile on LinkedIn, the world's largest professional community. Horton Plaza is obviously critical to downtown. 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. 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. It focuses on the "real estate design, construction, and property management space." He was told that that was a different Stockdale. The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." All Rights Reserved. See you on the other side! 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. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. Plaintiff relocated its headquarters to Texas in 2012. Stockdale Capital Partners has sold two medical office properties in Beverly Hills and Santa Monica in a $156 million deal. 41 at 5). That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. (Doc. The Company invests, owns, and operates multiple asset classes. (Doc. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). "We're thrilled to work on our first project for Stockdale Capital Partners," shared Jim Kurtzman . San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. Food and Words for Nerds. The site is adjacent to where Stockdale is already developing the Marquee office building at Scottsdale Road and Shoeman Lane. 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. No. Jane has 5 jobs listed on their profile. Provide . Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." Id. Before the pandemic, Le Merigot housekeeping staff had filed complaints with California, alleging the company withheld wages and failed to pay overtime, according to Unite Here, a labor union that represents around 50 workers at the hotel. Lebanon-St. Peter Cathedral at 333 San Vicente Blvd. 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. On one hand, Defendants argue that the parties provide different services and operate on different scales. Stockdale acquired the mall in 2018 from Westfield for $175 million. 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." The name "Stockdale" was on a list of potential buyers. Occaecati qui excepturi quia fuga. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. 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?!" 53 at 18). No. 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." Wal-Mart Stores, Inc., 529 U.S. at 210-11. Bill Doak has more than 30 years of hospitality industry experience, with senior leadership roles in Westwood-based Stockdale Capital Partners bought the J.W. All content is posted anonymously by employees working at Stockdale Capital Partners. 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. 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. They proposed an "innovation hub" focused on technology and biotechnology companies. She is a proud graduate of Florida Agricultural and Mechanical University. Century, 295 Fed. 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. Tex. Tex. Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. in the face of competition from online shopping outlets. Full title:STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE, Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. The record evidence raises factual questions regarding the extent to which the parties' real estate services overlap. Plaintiff was not in fact involved with that deal. V. Houston Coll. can you smoke on royal caribbean cruise ships stockdale capital lawsuit. 2018); Paulsson Geophysical Servs, Inc. v. Sigmar, 529 F.3d 303, 309 (5th Cir. 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. 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. Stockdale Capital Partners serves customers in the States . She oversaw the stations local and national productions, including the one-hour documentary Los Romeros: The Royal Family of the Guitar, and Child Protective Services, a one-hour look inside the San Diego County agency responsible for the welfare of at risk children. at 8. Tex. Two Pesos, Inc., 505 U.S. at 768 (citing Abercrombie & Fitch Co. v. Hunting World, Inc., 537 F.2d 4, 9 (2d Cir. focused on structured investment opportunities. stockdale capital lawsuit The future Campus at Horton includes a boardwalk. Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. 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). CIVIL ACTION NO. An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. As part of that Emmy Award winning team, she covered elections, landed exclusive interviews, and interviewed presidential candidates. No. stockdale capital lawsuit. Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. Opinions expressed by Forbes Contributors are their own. Attorneys are either actively filing these cases or investigating to determine whether lawsuits can be filed. 53 at 18). 2005-2023 Wall Street Oasis. How Much Do Twitch Streamers Make Per Ad, Mr. RP 74. Annualized for September 30, 2021 and September 30 . March 6, 2017. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). 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. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. However, proof of a defendant's intent is not required to establish trademark infringement. Advertising media identity. Monday, Nov 28, 2022 . "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. Greater Los Angeles Area. Gary Stockdale is known for Star Trek Beyond (2016), Mamma Mia! Stockdales plans would reduce retail space in See the complete profile on LinkedIn and discover Jane's connections and jobs at similar companies. Like other hotels hit hard by the pandemic, Columbia Sussex tapped federal funding through the governments PPP loan program. 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. President SIXONENINE Design + Development, LLC Sep 2017 - Present 5 years 7 months. 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. Actual confusion. Cir. See 2(e), 15 U.S.C. Details on the settlement were not released. No. Stockdale Capital Partners purchased a 175-key hotel. Here We Go Again (2018). The city has all the elements necessary for a vibrant live-work-play environment, save for the large blocks of urban, creative work space craved by major employers.. 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. But not his teammates. 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. By Isabella Farr. The company in January reached a settlement of a lawsuit that had been filed by Macys. 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. Defendants urge that the evidence presented here is more analogous to that in Amazing Spaces, Inc., 608 F.3d at 225. 2d at 698, typically ranging between $50 million and $200 million and at times reaching up to $400 million. 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. stockdale capital lawsuit. 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 acquired the mall in 2018 from Westfield for $175 million. Finally, Plaintiff was recognized in the Dallas Business Journal as one of the "Best Places to Work" in 2016, 2017, and 2018. However, it remains unfinished, currently sitting in a South Florida shipyard. Westfield for $175 million. 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. At what point is it worth leaving your job and running your own firm? 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. Although Plaintiff asserts three claims for relief under the Lanham Act and Texas common law, the same legal test applies to all three claims. The developer expects to complete the first phase in 2020, although the plans are subject to city approval. 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. No. 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. Id. 2008) (internal citations omitted). It opened to great fanfare in 1985. or Want to Sign up with your social account? 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. Company profile page for Stockdale Capital Partners LLC including stock price, company news, press releases, executives, board members, and contact information & Mech. Stockdale Capital Partners is part of the Real Estate industry, and located in California, United States. 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 environment feels very comfortable and very artistic.. 41-15 Ex. Lincoln Property Company (LPC), one of the largest full-service real estate firms in the United States - owning and managing over 400 million square . 2010) (quoting Two Pesos, Inc. v. Taco Cabana, Inc., 505 U.S. 763, 768 (1992)). Id. of Supervisors for La State Univ. Retailer's Exit Lets Developer Stockdale Proceed With $275 Million Downtown Project By Lou Hirsh CoStar News Developer Stockdale Capital Partners' plans to turn a faded downtown San Diego mall into creative offices are back on schedule, after longtime tenant Macy's dropped its opposition and announced plans to vacate the site in March. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. The Marker, a 208-key hotel built in 1910, is blocks away from Union Square and the Moscone Convention Center. Stockdale Capital Partners declined to comment for this story. It has secured a $550 million real estate opportunity fund to look at new opportunities. 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. for Good Gov't v. Coal. Seller: Principal Real Estate Investors. 34-2 8). Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. Copyright 2023 NBCUniversal Media, LLC. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps . In each newsletter, we also highlight settlements that are ending soon, helping to ensure you don't miss out on money you're owed. stockdale capital lawsuit. Marriott Le Merigot hotel in Santa Monica sold . "A finding of a likelihood of confusion is a finding of fact." 2019). Louisville Football 2020 Stats, The state is expecting to hold hearings on the complaints in the coming weeks. No. The J.W. Here, the designs of the two marks, taken as a whole, are certainly distinguishable. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. vintage canvas 'painting ideas. 300,000 square feet to make room for offices. 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. This factor weighs against a likelihood of confusion. Marriott Le Merigot in Santa Monica for $75 million in May, around $428,600 per room. While Defendants' primary service is the acquisition and development of real estate for commercial uses, Plaintiff assists tenants in leasing properties it does not own, acquires real estate without seeking outside investor capital, and provides consultant services to third parties related to site selection and due diligence. invitation to love poem analysis; how to take care of your soul sermon; list of largest unsupported domes in the world. Fed. The Court agrees. 41-8); and it has sponsored various events such as the Design Week Dallas, 2018 Thrift Studio, and Light Up Lakewood (Doc. See In re Hutchinson Tech.