Macy's sued Stockdale Capital Partners in October arguing . Stockdale acquired the mall in 2018 from Westfield for $175 million. 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. at 321-25. Plaintiff cites to an email and the depositions of individuals who work in the real estate industry and are familiar with Plaintiff to show that people confused Defendants and Plaintiff. 53 at 18). Id. 41-7) and the International Council for Shopping Centers (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. The firm did not respond to multiple requests for comment. Like hotel owners across the country, Columbia Sussex was slammed by the coronavirus. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. It registered the name "Stockdale, LLC" and "Stockdale Capital" with the Texas Secretary of State in 2014 and 2017, respectively. No. . 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. Id. Stockdale Capital released its first public renderings of the Horton Plaza redevelopment project ahead of a meeting with Civic San Diego, and it's not good news. in northern Denver sold last week to entities affiliated with Los Angeles-based Stockdale 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. Horton Plaza Mall believed to be in escrow with Stockdale Capital Partners 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 Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. Rabobank was the successor institution. Defendants contend that "Stockdale" is at best merely descriptive because it is a surname and because it is geographically descriptive. Read employee reviews and ratings on Glassdoor to decide if Stockdale Capital Partners is right for you. Additionally, it intends to turn a path that winds through the development into a public boardwalk. 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 . Stockdale Capital Partners plans to resurrect the former Horton Plaza Mall, a . In finding no secondary meaning, the court emphasized that the plaintiff's symbol was not prominently displayed in its advertisements. The Court made that decision in response to a lawsuit filed by the Sierra Club. Defendant's intent. Along the canal, Stockdale . 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. 41-16 at 20). The news came less than two . Tex. 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." Mark similarity "is determined by comparing the marks' appearance, sound, and meaning." By Posted halston hills housing co operative In anson county concealed carry permit renewal But the same forces behind the downfall of shopping centers across the countrynamely the irrelevance of department stores in a world of category killers stung Horton Plaza, too. william lupo obituary stockdale capital lawsuit. 2d 761, 722 (S.D. Pebble Beach Co. v. Tour 18 1 Ltd., 155 F.3d 526, 540 (5th Cir. Firm Sells Offices in $156M Deal - Los Angeles Business Journal 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. 41-17 at 26:12-16). It opened to great fanfare in 1985. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? The seller was Kentucky-based Columbia Sussex, which operates hotels across the country, and which was embroiled in a scandal over alleged misuse of federal Paycheck Protection Program last year. Louisville Football 2020 Stats, 2008). 34). Stockdale Capital Partner News | Stockdale See the complete profile on LinkedIn and discover Jane's connections and jobs at similar companies. 53 at 15). $450M Scottsdale redevelopment was decades in the making Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. See, e.g., Viacom Int'l, 891 F.3d at 191. Plaintiff relocated its headquarters to Texas in 2012. The product of builder Ernest W. Hahn, Horton Plaza opened in 1985 to national acclaim. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. The total fine was more than $2million. of Houston Sys. Springboards to Educ., Inc. v. Hous. "A finding of a likelihood of confusion is a finding of fact." Anodyne mega-yacht hits halfway on $20 million-plus overhaul 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. 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The best employees, having . V. Houston Coll. She worked as a multimedia journalist and anchor at WRTV in Indianapolis. Full title:STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE, Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. 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 have used the name "Stockdale" continuously since their collective inception in 2013. The J.W. Courts have recognized that the more expensive the item or service, the more care a potential purchaser will likely take in its selection. 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. No. A genuine issue of material fact exists if a reasonable jury could enter a verdict for the non-moving party. Los Angeles-based Stockdale's planned $275 million . Renamed The Campus at Horton, the redeveloped mall will include 700,000 square feet of office space and 300,000 square feet of retail. at 7, 9. The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. 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. CIVIL ACTION NO. 2008) (affirming a grant of summary judgment on plaintiff's claim of trademark infringement on a record without survey evidence). Id. Real Estate Investing Group Focusing in Southwest | Stockdale For example, in Bulbs 4 East Side, the court determined that there was sufficient evidence to demonstrate secondary meaning where the plaintiff had used the mark continuously for some 34 years, its annual sales had increased over the past eight years to $1.4 million, its advertising expenses had grown during that period, and it enjoyed unsolicited nationwide media coverage. S.p.A. v. Atlantic Sunglasses LLC, 2017 WL 6885602, at *5 (S.D. No. The American Civil Liberties Union's West Virginia chapter filed a federal lawsuit last week. buried verbs and zombie nouns examples how to increase accuracy in lstm model. stockdale capital lawsuit. 53). Stockdale Capital Partners bought the 175-key hotel. The . The goal is to finish the redevelopment of the mall in the second quarter of 2022, Divinsky said. 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." Ticketmaster Dallas Stars, 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 . As part of that Emmy Award winning team, she covered elections, landed exclusive interviews, and interviewed presidential candidates. 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. 34-2 8). The state is expecting to hold hearings on the complaints in the coming weeks. Stockdale Capital Partners bought the 175-key hotel. stockdale capital lawsuit - digimindtechnologies.com While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. 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. 41-10). 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. 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. February 22, 2017. 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. Asset include: commercial office, medical office/life science, hospitality, retail and mixed-use. Bill Doak Joins Stockdale Capital Partners as Head of New Hospitality The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." Real estate investors grow desperate to spend $250B hoard at 6. 3d 1151, 1159 (S.D. Id. stockdale capital lawsuit - nowwriteyourbook.com Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. Class Action Lawsuit List | Open & Current Cases | ClassAction.org A 19-story residential tower is in the works on the grounds of Our Lady of Mt. LPC acquires stake in proptech leader Equiem. Bargain Hunters - Los Angeles Business Journal Rank: Chimp 3 . No. $330M Loan Secured for Horton Plaza Redevelopment 2018); Paulsson Geophysical Servs, Inc. v. Sigmar, 529 F.3d 303, 309 (5th Cir. Gary Stockdale - IMDb Appx. of Regents of the Univ. The company in January reached a settlement of a lawsuit that had been filed by Macys. We need to have a vibrant space there, said Betsy Brennan, president and CEO of the Downtown San Diego Partnership. reached a settlement with Macys that will allow the company to proceed with P. 56(a). 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. No. . In each newsletter, we also highlight settlements that are ending soon, helping to ensure you don't miss out on money you're owed. The Campus at Horton will be the pinnacle of mixed-use campuses in downtown and the exemplification of whats possible when innovative office design meets access to leading food, beverage, health and wellness offerings, said Steven Yari, a Stockdale management director. Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. No. Horton Plaza Redevelopment Advocacy Efforts - Docomomo I was exhausted., Do Not Sell/Share My Personal Information. 34-2 7, 9). Agric. It further contends that there is no likelihood of confusion between Plaintiff and Defendants' marks. Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. Cir. The record evidence raises factual questions regarding the extent to which the parties' real estate services overlap. Copyright 2023 NBCUniversal Media, LLC. Defendants now move for summary judgment. or Want to Sign up with your social account? Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. (Doc. 41-2 3). 1225(a), and unfair competition under Texas common law. Tex. No. No. 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. In August 2018, Stockdale Capital Partners purchased the complex with the intention of developing it into The Campus at Horton, an office and retail complex. 2008) (internal citations omitted). Casetext, Inc. and Casetext are not a law firm and do not provide legal advice. Id. RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 F. Supp. No. Lebanon-St. Peter Cathedral at 333 San Vicente Blvd. Annualized for September 30, 2021 and September 30 . See 2(e), 15 U.S.C. Downtowns retail dead zone Horton Plaza is headed for permanent retirement. And a day-to-night ambience, complete with an upgraded Lyceum Theater, is intended to be inviting for workers, downtown dwellers and Gaslamp visitors. for Good Gov't, 901 F.3d at 508. Stockdale Capital Partners - Crunchbase Company Profile & Funding 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. stockdale capital lawsuit - Lindon CPA's Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. 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. Voluptates quis est qui aut nulla. 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. Settlement Reached in Horton Plaza Lawsuit, Redevelopment Ahead It allows the public to enjoy Horton Plaza, retains some wonderful retail space and high-end restaurant space, and gives downtown a whole new opportunity for Class A tech office space.. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. Stockdale Radiology is a full-service imaging center with a dedicated women's center. 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. A defensive stalwart, Oswego Easts Tyler Jasek surprises Joliet West. 'Insatiable Appetite' For Life Sciences Space Seeds Downtown - Bisnow Strength of the mark. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. Plaintiff provides only tenuous evidence that consumers have confused Defendants' junior mark for Plaintiff's senior mark. No. No. But not his teammates. 3d 573, 589 (S.D. See SA Bay LLC v. Hall, 849 F. Supp. Plaintiff Walter F. Jones filed his lawsuit against J.G. (Doc. The new layout called for an overhaul of the site that would strip it of its orignal detail and design intent. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Stockdale Capital has been on a trading spree. As relevant here, terms that are "primarily merely surnames" or "primarily geographically descriptive" are deemed to be descriptive and thus unprotectable absent a showing of secondary meaning. stockdale capital lawsuit The Court evaluates each in turn. is not active anymore since 2001-05-24 due to Merger - Without Assistance. Daily Business Report-Jan. 17, 2020, San Diego Metro Magazine Attorney General James Sues Predatory Lender That Threatened Violence "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. No. Springboards to Educ., 912 F.3d at 811. Defendants have demonstrated that their real estate investments are a "big ticket" item, RE/MAX Int'l, Inc., 655 F. Supp. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. No. 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.