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The evidence and inferences must be viewed in the light most favorable to the nonmoving party. I was exhausted., Do Not Sell/Share My Personal Information. Stockdale Capital Partners, a Los Angeles-based opportunistic real estate investor, paid $175 millionfor the beleaguered Horton Plaza in the heart of downtown San Diego last week and plans to convert the mall into a mixed-use office and retail development that will cater to technology and creative companies. 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 . Plaintiff provides only tenuous evidence that consumers have confused Defendants' junior mark for Plaintiff's senior mark. The company is an owner-operator specializing . However, Amazing Spaces is materially distinguishable. Capital preservation through proven, experienced risk management. See 2(e), 15 U.S.C. stockdale capital lawsuit. May 20, 2021 01:15 PM. Prior to Indianapolis, she was an anchor and multimedia journalist at FOX Carolina in Greenville, SC. 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. 3d 573, 589 (S.D. A mark is primarily merely a surname if the surname "is the primary significance of the mark as a whole to the purchasing public." (internal quotation marks omitted). However, it remains unfinished, currently sitting in a South Florida shipyard. Westfield for $175 million. Only three claims for relief remain at issue in this case; Plaintiff withdrew counts II, III, VII, and VIII in its Second Amended Complaint. 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. Additionally, it intends to turn a path that winds through the development into a public boardwalk. "We are gearing up to really get aggressive and. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. Plaintiff is a real estate services company operating in Texas, California, and North Carolina. Sch. 2009). 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. 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'. The list is updated frequently, so check . Founded in 2010, Stockdale Capital Partners is a real estate investment firm focused on owning and acquiring assets in the western United States. LOS ANGELES - April 19, 2021 - Stockdale Capital Partners ("Stockdale"), a Los Angeles-based, vertically-integrated real estate investment firm, announced that hospitality veteran William "Bill" Doak has joined the company as a Managing Director and Head of Stockdale Hospitality. Stockdale Capital Partners Acquires Le Merigot Hotel in Santa Monica 2005-2023 Wall Street Oasis. Sorry, you need to login or sign up in order to vote. the mall from the 600,000 square feet that was required in deed restrictions to For the foregoing reasons, the Court DENIES Defendants' Motion for Summary Judgment. Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. stockdale capital lawsuit. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. The Court evaluates each in turn. Read employee reviews and ratings on Glassdoor to decide if Stockdale Capital Partners is right for you. 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. stockdale capital lawsuit - digimindtechnologies.com 41-1 at 105-07); it pays for membership in industry groups such as the Urban Land Institute (Doc. PublishedOctober 21, 2019 at 10:00 AM PDT. Construction Moving Quickly on Old Nordstrom Site Marriott Le Merigot in Santa Monica for $75 million in May, around $428,600 per room. Improper Integrals Examples. Bill Doak Joins Stockdale Capital Partners as Head of New Hospitality An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." Attorney General James Sues Predatory Lender That Threatened Violence (Doc. However, actual confusion need not be proven to establish a likelihood of confusion; this factor is accordingly neutral. Sep 3, 2020. CIVIL ACTION NO. (Doc. of Houston Sys. 'Insatiable Appetite' For Life Sciences Space Seeds Downtown - Bisnow Stockdale Capital Partners said Monday that an engineering and design firm found that the Horton Plaza redevelopment project has the necessary features to serve San Diego's thriving life . It registered the name "Stockdale, LLC" and "Stockdale Capital" with the Texas Secretary of State in 2014 and 2017, respectively. Can Downtown San Diego Transform Into A Tech Hub? One - Forbes Shops at Northfield mall sells for $16M less than 2017 purchase price The open air shopping center at 8340 Northfield Blvd. 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. Apply to Senior Financial Accountant, Realtor, Line Cook/prep Cook and more! 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 is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 237 (5th Cir. 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. While a subsequent owner converted the shopping center into offices, Stockdale Capital renovated the assetand has attracted tenants such as Yelp, Indeed, Spacesand most recently,Zillow. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. 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 plans to convert the mall that sparked development of the Gaslamp Quarter into a mixed-use development centered on new offices. Wal-Mart Stores, Inc., 529 U.S. at 210-11. V. Houston Coll. All content is posted anonymously by employees working at Stockdale Capital Partners. Plaintiff Walter F. Jones filed his lawsuit against J.G. 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. Stockdale Capital Partners declined to comment for this story. While a jury may ultimately determine that there is no secondary meaning, whether a mark has acquired secondary meaning is usually a question of fact, and in this case is best reserved for a jury. $330M Loan Secured for Horton Plaza Redevelopment Bd. Springboards to Educ., 912 F.3d at 811. 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. See (Doc. 41-4 at 117), (Doc. She is a proud graduate of Florida Agricultural and Mechanical University. Music Department: Star Trek Beyond. . (Doc. of Regents of the Univ. Plaintiff, on the other hand, avers that the parties acquire the same types of properties, offer property management services, and perform similar business activities. Troy Geyer - Vice President, Development & Construction - Stockdale Opinions expressed by Forbes Contributors are their own. R. Civ. See the complete profile on LinkedIn and discover Jane's connections and jobs at similar companies. Id. stockdale capital lawsuit 61.7 F. Los Angeles. 'A National Epidemic': Yellowstone Capital Hit with RICO Lawsuit Over 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. Plaintiff contends that the mark is arbitrary. No. Here Are The Biggest LA Hotel Sales of 2021 - The Real Deal Los Angeles B-1); it advertises its properties and brand in trade magazines and on websites (Doc. More Than Beakers And Pipettes: Biotech Developments Go Big Plaintiff relocated its headquarters to Texas in 2012. The Court finds neither the passing email inquiry nor allusions to third parties' confusion to be compelling evidence of actual confusion. 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. 53 at 18). What's happening with Horton Plaza? Now we know . 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. Monday, Nov 28, 2022 . 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. Plaintiff relocated its headquarters to Texas in 2012. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. Downtowns retail dead zone Horton Plaza is headed for permanent retirement. At what point is it worth leaving your job and running your own firm? Horton Plaza Mall believed to be in escrow with Stockdale Capital Partners Actual confusion. Celotex, 477 U.S. at 322-25. 1976)). If we can get some of those high-paying tech jobs to downtown people will able to live and work in the same place.. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. Los Angeles-based Stockdale's planned $275 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. at 6. No. 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. That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. Viacom Int'l, 891 F.3d at 193. Similarity of the services and purchaser identity. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. (Doc. 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.