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. Copyright 2023 NBCUniversal Media, LLC. 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. Steve and Shawn Yari, who founded Spellbound Entertainment, are also managing partners at Stockdale Capital Partners, a real estate investment firm based in Los Angeles, California, that owns . Stockdale purchased the bulk of the open-air shopping center last . Buyer: Los Angeles-based Stockdale Capital Partners. No. Asset include: commercial office, medical office/life science, hospitality, retail and mixed-use. 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. . in the face of competition from online shopping outlets. Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. This factor is neutral. To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. 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. No. May 2021 - Present7 months. "We're thrilled to work on our first project for Stockdale Capital Partners," shared Jim Kurtzman . This is ClassAction.org's current list of open lawsuits and investigations. Stockdale acquired the mall in 2018 from Westfield for $175 million. The American Civil Liberties Union's West Virginia chapter filed a federal lawsuit last week. At what point is it worth leaving your job and running your own firm? Home; About us; Partner With Us; Contact Us; Sign Up; average 40 year old woman wrinkles . Plaintiff relocated its headquarters to Texas in 2012. 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. Weighing these factors, the Court is persuaded that, despite the sophistication and diligence of potential real estate customers, a genuine fact issue remains based on the similarity of the marks and the fact that both parties are engaged in the real estate industry. However, Amazing Spaces is materially distinguishable. 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. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. No. or Want to Sign up with your social account? Marriott Le Merigot hotel in Santa Monica sold . This factor is also neutral. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. (Doc. 53). Although Plaintiff testified that it does not track its advertising expenditures, id. 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. Edward Kaen has been working at Stockdale Capital Partners for 4 years. Tex. Plaintiff relocated its headquarters to Texas in 2012. Id. 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" was chosen as a reference to Stockdale, California, where the company was founded. Make your practice more effective and efficient with Casetexts legal research suite. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. 2012) (quoting Am. The open air shopping center at 8340 Northfield Blvd. at 321-25. Macy's sued Stockdale Capital Partners in October arguing . at 228-29 (emphasis added) (determining that although distinguishable, the "Xtreme Lashes" and "Xtended Beauty" logos were sufficiently similar that consumers could believe that Xtended Beauty was a product line offered by Xtreme Lashes). 41-16 at 20). 34-5 at 138:15-24). Plaintiff was not in fact involved with that deal. Smack Apparel, 550 F.3d at 478. is not active anymore since 2001-05-24 due to Merger - Without Assistance. 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. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';}(jQuery));var $mcj = jQuery.noConflict(true); All writing and photos by Josie Zimmerman Bell unless otherwise credited |, southern baptist beliefs on the holy spirit, matlab programming exercises and solutions pdf. The departure of Nordstrom in 2016, a preponderance of empty storefronts and a significant homeless presence in the adjacent Horton Plaza Park locally dubbed Homeless Plaza have all but doomed the propertys appeal as a shopping hub. 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. 2010) (quoting Two Pesos, Inc. v. Taco Cabana, Inc., 505 U.S. 763, 768 (1992)). Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. 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. Occaecati qui excepturi quia fuga. Redevelopment of Horton Plaza in downtown San Diego is ramping up with a $330 million loan secured by Stockdale Capital Partners with a group of funds managed by Alliance Bernstein. The company in January reached a settlement of a lawsuit that had been filed by Macys. Sep 3, 2020. Menu. If a mark has acquired secondary meaning, it is deemed to be a strong mark. At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. 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. 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). This factor is neutral. 34-13 at 2). In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. 10850 Wilshire Blvd Ste 1050, Los Angeles, California, 90024, United States. It registered the name "Stockdale, LLC" and "Stockdale Capital" with the Texas Secretary of State in 2014 and 2017, respectively. Voluptates quis est qui aut nulla. 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. It opened to great fanfare in 1985. 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. That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. This factor weighs in favor of a likelihood of confusion. UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. Moreover, both parties acknowledge that potential consumers in the real estate industry exercise a high degree of due diligence in their dealings. Once-prominent real estate salesman David Crisp last week received two new default notices on the Stockdale Highway offices he bought in April and was named in a lawsuit demanding repayment The redevelopment is a mixed-use project centered on offices with some retail, renamed . of Supervisors for La State Univ. See SA Bay LLC v. Hall, 849 F. Supp. (Doc. 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. Compare top Ohio lawyers' fees, client reviews, lawyer rating, case results, education, awards, publications, social media and work history. 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. at 10. The company is an owner-operator specializing . After considering the parties' filings, all responses and replies thereto, oral argument, and the applicable law, the Court finds that Defendants' Motion for Summary Judgment must be DENIED. See Xtreme Lashes, 576 F.3d at 229. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. Stream Live Now ; News; Recent Coverage; Originals; Trials; Court TV Mystery; Talent; About Us; Press; Contact Real Estate Private Equity. The mall was designed by architect Jon Jerdeand opened in 1985 in the citys historic Gaslamp Quarter. (Doc. The goal of this section is to provide consumers with a comprehensive resource on class action and mass tort lawsuits. 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." Springboards to Educ., 912 F.3d at 811. Provide . 2016); see also Smack Apparel Co., 550 F.3d 465 (5th Cir. 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 developer expects to complete the first phase in 2020, although the plans are subject to city approval. All. Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. How Much Do Twitch Streamers Make Per Ad, Macy's Continues Lawsuit Against Horton Plaza Redevelopment, News study outlines air pollution from Tijuana sewage, Art Show: 'The Possibility of Something Happening', MASTERPIECE CLASSIC: The Mystery Of Edwin Drood, Current rainy season could be a drought buster, forecaster says, Settlement reached in Tijuana sewage lawsuit, Brittney Griner urges the return of U.S. detainees abroad at NAACP Image Awards, Washington state attorney general says FDA rules on abortion drug are unreasonable, An Arizona driver is in custody after crashing into bicycling group, killing 2, How Cardiff's new farmers market may help keep small farms in business, San Diego officials work to stop elephant poaching. A descriptive mark can only be protectible when it has acquired secondary meaning. 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. in northern Denver sold last week to entities affiliated with Los Angeles-based Stockdale Capital Partners. It could add an additional 1.5 million square feet of office space and other amenities down the road. Stockdale Capital Partners' $275 million project, known as The Campus at Horton, could be halted unless the developer and Macy's can work out differences ahead of a June court date for a lawsuit recently filed by the retailer. Expands and Extends Existing Lease at Stockdale Capitals Sugar Creek Complex, Stockdale Capital and Ace Parking Form Partnership with Grosvenor Group to Acquire Parking Assets, Stockdale Capital Announces Partnership with Siguler Guff & Company, LP, Stockdale Capital Purchases of Two West LA Medical Office Buildings, New 250,700 SF Creative Office Building Coming to Downtown Scottsdale. Capital preservation through proven, experienced risk management. 41-9). Opinions expressed by Forbes Contributors are their own. The organisation's status is listed as "Active". 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.") Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. He was told that that was a different Stockdale. Plaintiff also sought a permanent injunction, which the Court denied in January 2019. Jane has 5 jobs listed on their profile. Plaintiff contends in response that "Stockdale" is also the name for several cities, neighborhoods, and public schools across the country. Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. Rabobank was the successor institution. - Advertisement - 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. All. Exterior construction will begin shortly with 600-800 construction workers expected [] May 20, 2021 01:15 PM. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. Stockdale Capital Partners has until December 2022 to deploy a $550 million fund it closed in February of last year, according to Dan Michaels, managing director of the Los Angeles-based private . 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. 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. No. The center was sold by Australian investment firm QIC, which purchased it in late 2017 as part of a larger deal with . Stockdale Capital Partners has also raised a fund. william lupo obituary stockdale capital lawsuit. The J.W. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. All rights reserved, In Your Neighborhood: What's Happening this Weekend in San Diego, Man Sentenced for Causing Crash That Killed Former Harbor Police Chief's Wife, 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'. See, e.g., (Doc. Defendants are also "involved in leasing and property management operations, but only as it relates to themselves for their own or their affiliates' properties." On one hand, Defendants argue that the parties provide different services and operate on different scales. 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. 34). Cho, through his firm Mitaa Group, owns a handful of commercial properties . Similarity of the marks. 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. Luxottica Grp. Greater Los Angeles Area. 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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."