The mall opened in 1985 but has grown obsolete Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 F. Supp. 2016); see also Smack Apparel Co., 550 F.3d 465 (5th Cir. Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. Defendants are also "involved in leasing and property management operations, but only as it relates to themselves for their own or their affiliates' properties." Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. Westfield did not respond to a request for comment. See you on the other side! This is ClassAction.org's current list of open lawsuits and investigations. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). 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. The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. 2005-2023 Wall Street Oasis. 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. RP 74. capital or securities . Dist., 912 F.3d 805, 811 (5th Cir. "Everything along 1st Avenue is being redone, the former Nordstrom, the former Mervyn's," Divinsky said. 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. betaadjusted RE. 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. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. google classroom parent letter Courts have recognized that the more expensive the item or service, the more care a potential purchaser will likely take in its selection. (Courtesy Stockdale Capital Partners) The project, named The Campus at Horton, . 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. 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. Stockdale plans to update and reposition the hotel while stabilizing . Stockdale Capital Partners announced that it has No. Every story is a dose of insight into how to run a better, more efficient, more profitable business. 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. Stockdale acquired the mall in 2018 from We need to have a vibrant space there, said Betsy Brennan, president and CEO of the Downtown San Diego Partnership. See In re Hutchinson Tech. 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. It further contends that there is no likelihood of confusion between Plaintiff and Defendants' marks. R. Civ. 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. Defendants "are a family of real estate investment, development, and management companies headquartered in Los Angeles." Los Angeles /. The parties dispute the extent to which their real estate services overlap. All. Here, the designs of the two marks, taken as a whole, are certainly distinguishable. Filing 21 APPLICATION of Non-Resident Attorney Stephen R Mysliwiec to Appear Pro Hac Vice on behalf of Defendant Stockdale Capital Partners, LLC (Pro Hac Vice Fee - $500 Fee Paid, Receipt No. at 321-25. By Posted halston hills housing co operative In anson county concealed carry permit renewal 1052(e); World Carpets, Inc. v. Dick Littrell's New World Carpets, 438 F.2d 482, 487 (5th Cir. The developer expects to complete the first phase in 2020, although the plans are subject to city approval. Going Vertical 4:18-cv-2949 (S.D. 2d 679, 698 (S.D. He was told that that was a different Stockdale. They feature, for example, different fonts, inverted color schemes, and one includes the additional words "Capital Partners." Defendants contend that "Stockdale" is at best merely descriptive because it is a surname and because it is geographically descriptive. Wal-Mart Stores, Inc., 529 U.S. at 210-11. 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. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? 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. However, proof of a defendant's intent is not required to establish trademark infringement. william lupo obituary stockdale capital lawsuit. No. They proposed an "innovation hub" focused on technology and biotechnology companies. 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. Stockdale Capital Partners bought the 175-key hotel. Id. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. (Stockdales) plan is thoughtful. Property records show two transactions totaling $71 million. "We are gearing up to really get aggressive and. 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. No. 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. 2008). Excited to kick off 2023 with the news that Cain has been nominated in two categories for Real Estate . The best employees, having . Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. 41-9). Details on the settlement were not released. 53). The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." In May, it sold . 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. B-1); it advertises its properties and brand in trade magazines and on websites (Doc. See, e.g. 2008) (affirming a grant of summary judgment on plaintiff's claim of trademark infringement on a record without survey evidence). (Doc. at 6. Lebanon-St. Peter Cathedral at 333 San Vicente Blvd. I cover real estate development, fundamentals and finance. at 508-09. Oct. 15, 2019). Our vertically-integrated real estate investment group focuses on profitable opportunities within the Western United States. Coll. The deal closed May 11. Guilt And Redemption In The Kite Runner, The premise of the show was that two . A mark is protectable if it is distinctive, meaning it must be "capable of distinguishing the applicant's goods from those of others." Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. Stockdale Capital Partners. Even sophisticated real estate entities may, at least initially, believe that the two parties are affiliated with one another, which could cause reputational harm. Jane has 5 jobs listed on their profile. (2008) and Mamma Mia! Tex. The lawsuit filed after an 18-month-long investigation alleges that the companies have, since 2015, collected over $75 million on more than 1,900 fraudulent, illegal loans. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. Apply to Senior Financial Accountant, Realtor, Line Cook/prep Cook and more! Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. 34-2 4). Id. Macy's is not sold on the idea. Stockdale Capital Partners has sold two medical office properties in Beverly Hills and Santa Monica in a $156 million deal. Actual confusion. Compare top Ohio lawyers' fees, client reviews, lawyer rating, case results, education, awards, publications, social media and work history. A 19-story residential tower is in the works on the grounds of Our Lady of Mt. 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. why is there a plague in thebes oedipus. 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. San Diego Mayor Kevin Faulconer and several business leaders have asked Macy's to stand down from their lawsuit against Stockdale Capital Partners, the new owners of Horton Plaza Mall. The center was sold by Australian investment firm QIC, which purchased it in late 2017 as part of a larger deal with . The company is an owner-operator specializing . The Business Journalis the premier business publication in San Diego. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. Los Angeles-based Stockdale's planned $275 million . The product of builder Ernest W. Hahn, Horton Plaza opened in 1985 to national acclaim. The Company invests, owns, and operates multiple asset classes. the $275 million redevelopment of Horton Plaza in downtown San Diego. 1988)). Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. Subscribe. To determine whether a mark is distinctive, marks are often classified into categories of generally increasing distinctiveness: they may be (1) generic, (2) descriptive, (3) suggestive, (4) arbitrary, or (5) fanciful. No. Stockdale Radiology is a full-service imaging center with a dedicated women's center. Care exercised by potential purchasers. Make your practice more effective and efficient with Casetexts legal research suite. Louisville Football 2020 Stats, Fed. v. Smack Apparel Co., 550 F.3d 465, 474 (5th Cir. While there, she launched The Weekend Edition of Good Morning Indiana and generated breaking news content for both broadcast and digital platforms. 2019). 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. See Bd. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. The refit of Anodyne began when an American owner acquired a 98-foot (approximately 29.9-meter) Inace motoryacht in 2014, then-named Boundless. institutions including The Carlyle Group, Highbridge Capital and Morgan Stanley. . The . Stockdale Capital Partners is part of the Real Estate industry, and located in California, United States. Greater San Diego Area View Troy's full profile . The Fund is currently required to allocate net capital gains and ordinary income taxable for U.S. federal income tax purposes, if any, proportionately between Common Shares . 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." 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.") 1971). (Doc. 34-2 8). 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. 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. (Doc. 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.. Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. Gensler is designing the project, and CBRE is in charge of leasing. 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 . All Rights Reserved. Appx. Stockdale Capital Partners is a growing vertically-integrated Los Angeles based real estate investment firm, affiliated with Stockdale Management, a property management firm. 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. No. for Better Gov't, 901 F.3d 498, 505 (5th Cir. Menu. 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. Plaintiff relocated its headquarters to Texas in 2012. How Much Do Twitch Streamers Make Per Ad, Tex. Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said. Finn has earned honors from the Society of Professional Journalists and the Pacific Southwest Chapter of the National Academy of Television Arts and Sciences.
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