Jade is a three-time Emmy nominee, a National Association of Black Journalists Salute to Excellence Finalist, and the recipient of a South Carolina Associated Press Award. Similarity of the marks. 2019). Stockdale acquired the mall in 2018 from Westfield for $175 million. Defendants urge that the evidence presented here is more analogous to that in Amazing Spaces, Inc., 608 F.3d at 225. The Court made that decision in response to a lawsuit filed by the Sierra Club. The goal is to finish the redevelopment of the mall in the second quarter of 2022, Divinsky said. No. 3d 928 (S.D. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps . Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. the mall from the 600,000 square feet that was required in deed restrictions to She is a proud graduate of Florida Agricultural and Mechanical University. Exterior construction will begin shortly with 600-800 construction workers expected [] We're championing. Copyright 2023 NBCUniversal Media, LLC. Id. Sep 3, 2020. Stockdale Capital Partners offers enhanced returns through extensive market knowledge in streamlined acquisitions and well-managed property operations, all while preserving capital. 2d 761, 722 (S.D. LOS ANGELES - May 18, 2021 - Stockdale Capital Partners ("Stockdale"), a Los Angeles based, vertically-integrated real estate investment firm, announced that it acquired the JW Marriott Santa Monica Le Merigot in a deal that closed on May 11, 2021. By Isabella Farr. Id. Stockdale Capital Partners announced that it has The open air shopping center at 8340 Northfield Blvd. stockdale capital lawsuit. 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. Plaintiff is a real estate services company operating in Texas, California, and North Carolina. Greater Los Angeles Area. The deal closed May 11. Like other hotels hit hard by the pandemic, Columbia Sussex tapped federal funding through the governments PPP loan program. Id. 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. (Doc. 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. 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. Plaintiff also sought a permanent injunction, which the Court denied in January 2019. 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. stockdale capital lawsuit. 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. March 6, 2017. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . (Doc. 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. (Doc. The environment feels very comfortable and very artistic.. 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." Stockdale plans to redevelop the mall into a $275 million high-tech office space with fitness studios and restaurants on the ground floor. (John Kelley, John Gibbins, Jennifer Van. 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. 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. Capital preservation through proven, experienced risk management. Stockdale Capital will rename the property the Campus at Horton, and the first phase of its redevelopment plan calls for brightening up the fortress-like building with light-filled creative office space across the upper floors and retail, entertainment and restaurants on the ground floor. . Food and Words for Nerds. Jane has 5 jobs listed on their profile. 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. Id. 2008) (internal citations omitted). 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." Stockdale Capital Partners has also raised a fund. The company is an owner-operator specializing in the redevelopment and. 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. No. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. For the foregoing reasons, the Court DENIES Defendants' Motion for Summary Judgment. Menu. It opened to great fanfare in 1985. Vel assumenda harum laborum alias. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. However, while empirical evidence such as consumer surveys is the strongest evidence of secondary meaning, it is not required. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. 34-2 4). The Court evaluates each in turn. 53 at 18). This factor is neutral. betaadjusted RE. 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. Stockdale Capital Partners. Plaintiff was not in fact involved with that deal. 34-2 7, 9). Los Angeles /. 41-2 3). Property records show two transactions totaling $71 million. Sint in voluptatem facilis deleniti eveniet iusto nesciunt optio. 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. He was told that that was a different Stockdale. Sorry, you need to login or sign up in order to vote. 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. 61.7 F. Los Angeles. A massive adaptive reuse project in downtown San Diego, Campus at Horton, signals the start of an urban lab boom. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. Home; About us; Partner With Us; Contact Us; Sign Up; average 40 year old woman wrinkles . In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). Details on the settlement were not released. Los Angeles-based Stockdale's planned $275 million . Jade Hindmon is KPBS Midday Edition co-host. See, e.g., (Doc. 27, 2017) (quoting Am Rice, 518 F.3d at 332)). for Good Gov't v. Coal. However, Amazing Spaces is materially distinguishable. (Courtesy Stockdale Capital Partners) The project, named The Campus at Horton, . 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. Xtreme Lashes, 576 F.3d at 231. Luxottica Grp. 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?!" Stockdale acquired the mall in 2018 from Westfield for $175 million. 41-7) and the International Council for Shopping Centers (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. The parties dispute the extent to which their real estate services overlap. Occaecati qui excepturi quia fuga. Century, 295 Fed. We need to have a vibrant space there, said Betsy Brennan, president and CEO of the Downtown San Diego Partnership. Plaintiff relocated its headquarters to Texas in 2012. Indeed, "Stockdale" is not defined in the dictionary. (Doc. Founded in 2010, Stockdale Capital Partners is a real estate investment firm focused on owning and acquiring assets in the western United States. Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 230 n.7 (5th Cir. . Keep up with all the latest news, arts and culture, and TV highlights from KPBS. Copyright 2023 NBCUniversal Media, LLC. 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. for Good Gov't, 901 F.3d at 508. That process may hinge around a. STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE CAPITAL PARTNERS, LLC, et al, Defendants. (Doc. 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. Mr. RP 74. Plaintiff provides only tenuous evidence that consumers have confused Defendants' junior mark for Plaintiff's senior mark. Indep. 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. No. The best employees, having . 41-9). Parents . 2005-2023 Wall Street Oasis. Location. See, e.g., Viacom Int'l, 891 F.3d at 191. To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. (Doc. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. Stockdale Capital Partners plans to resurrect the former Horton Plaza Mall, a . President SIXONENINE Design + Development, LLC Sep 2017 - Present 5 years 7 months. & Mech. Address: 20 Greenway Plaza. 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. Stay current on our latest investment opportunities and news affecting todays real estate investment industry. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. 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." 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 isnt the only investor in downtown San Diego targeting tech tenants. The total square footage of the properties, located at 9090 Wilshire. We are moving full steam ahead with leasing discussions and to announce a mix of exciting and impactful tenants shortly.. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. Both programs also aired on public television stations nationwide. Stockdale Capital buys 175-key hotel from Columbia Sussex, which was accused of misusing PPP funds, Stockdale Capital Partners bought the 175-key hotel. Even sophisticated real estate entities may, at least initially, believe that the two parties are affiliated with one another, which could cause reputational harm. 20 Stockdale jobs available on Indeed.com. 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 lawsuit. (Doc. stockdale capital lawsuit. 41-1 at 42, 97). 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. Rabobank was the successor institution. This factor weighs in favor of a likelihood of confusion. As part of that Emmy Award winning team, she covered elections, landed exclusive interviews, and interviewed presidential candidates. 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. 3d 1151, 1159 (S.D. Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. 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'. An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." (Attachments: #1 Supplement Certificate of Good Standing USDC DC, #2 Supplement Cert . Along the canal, Stockdale . Now that the hotel has a new owner, the union has higher hopes. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? 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. The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. Full title:STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE, Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. Renamed The Campus at Horton, the redeveloped mall will include 700,000 square feet of office space and 300,000 square feet of retail. 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. 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 Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. 34). The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. Id. No. Id. But the idea, which resembles a similar project the builder completed at its Galleria Corporate Center in Arizona, is to reshape the dated, oversized mall into the kind of unique office space desirable to the nations most renowned tech firms. 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. The goal of this section is to provide consumers with a comprehensive resource on class action and mass tort lawsuits. It further contends that there is no likelihood of confusion between Plaintiff and Defendants' marks. In weighing these factors, no one factor is dispositive, and a finding of likelihood of confusion need not be supported by a majority of the factors. 2017) (internal citation omitted). 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. Stockdales plans would reduce retail space in Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said. 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. It's a lofty vision that depends on high-profile tenants committing to the project and can be only realized once Stockdale Capital closes the transaction. See (Doc. 53 at 15). Id. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. 2009). Its suit is based on its leases which grant them veto power over any changes. The lobby of the Galleria in Scottsdale, Ariz. Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. 3d 573, 589 (S.D. All Rights Reserved. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. 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. of Law, 214 F. Supp. Tex. 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. Stockdale acquired the mall in 2018 from Lincoln Property Company (LPC), one of the largest full-service real estate firms in the United States - owning and managing over 400 million square . VIEW OUR HISTORY Investment Strategy. In finding no secondary meaning, the court emphasized that the plaintiff's symbol was not prominently displayed in its advertisements. No. Kentucky-based Columbia Sussex sold the 175-key. Stockdale Capital Partners purchased a 175-key hotel. Sch. Xtreme Lashes, LLC, 576 F.3d at 228. Where the likelihood-of-confusion analysis is closely balanced, the question should be resolved in favor of the senior user. 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. ,