The name "Stockdale" was on a list of potential buyers. 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. Id. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. stockdale capital lawsuit. No. No. No. 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). The 110-foot, $20 million-plus mega-yacht is expected to launch in 2017. A 19-story residential tower is in the works on the grounds of Our Lady of Mt. The J.W. 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. 34-2 8). Additionally, it intends to turn a path that winds through the development into a public boardwalk. Los Angeles /. (Doc. 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. Cir. Bd. San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. A mark is primarily merely a surname if the surname "is the primary significance of the mark as a whole to the purchasing public." In Morrisville, North Carolina, the Spark LS development, a $1B, 109-acre campus project by Starwood Capital Group and Trinity Capital, will spread 1.5M SF of lab space across more than a dozen . Id. Stockdale Capital Partners serves customers in the States . Id. Defendants contend that "Stockdale" is at best merely descriptive because it is a surname and because it is geographically descriptive. buried verbs and zombie nouns examples how to increase accuracy in lstm model. No. The other two instances provide a somewhat more tenable basis for actual confusion. A genuine issue of material fact exists if a reasonable jury could enter a verdict for the non-moving party. 53 at 15). Stockdale acquired the mall in 2018 from Westfield for $175 million. The company said Stockdale had violated the terms of its lease with the redevelopment plans that shifted the malls emphasis as a retail center. STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE CAPITAL PARTNERS, LLC, et al, Defendants. Deleniti a sapiente doloribus et rerum. Sorry, you need to login or sign up in order to vote. No. the $275 million redevelopment of Horton Plaza in downtown San Diego. The Company invests, owns, and operates multiple asset classes. No. At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. (Attachments: #1 Supplement Certificate of Good Standing USDC DC, #2 Supplement Cert . 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. Like other hotels hit hard by the pandemic, Columbia Sussex tapped federal funding through the governments PPP loan program. Similarity of the services and purchaser identity. 53). 1052(e); World Carpets, Inc. v. Dick Littrell's New World Carpets, 438 F.2d 482, 487 (5th Cir. 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'. 41-1 at 105-07); it pays for membership in industry groups such as the Urban Land Institute (Doc. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. Stockdales managing director for hospitality, Bill Doak, confirmed the sale but would not provide an exact dollar amount. All content is posted anonymously by employees working at Stockdale Capital Partners. The moving party bears the burden of demonstrating the absence of a genuine issue of material fact. Recruiters / other best ways to find remote RE jobs? 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 Hotel on Brighton Blvd. The news came less than two . 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. at 935. at 638). why is there a plague in thebes oedipus. Finn has earned honors from the Society of Professional Journalists and the Pacific Southwest Chapter of the National Academy of Television Arts and Sciences. 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. 41-7) and the International Council for Shopping Centers (Doc. google classroom parent letter Design work on the 10-acre project is being led by Retail Design Collaborative and Rios, Clement Hale. What jumps out at me the most is how open (the design) is, said Mark Cafferty, president and CEO of the San Diego Regional Economic Development Corporation. 2d at 698, typically ranging between $50 million and $200 million and at times reaching up to $400 million. Appx. Two Pesos, 505 U.S. at 769. 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. Plaintiff contends that the mark is arbitrary. Stockdale Capital Partners bought the 175-key hotel. (John Kelley, John Gibbins, Jennifer Van Grove). All Rights Reserved. The mall was designed by architect Jon Jerdeand opened in 1985 in the citys historic Gaslamp Quarter. 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. Indep. No. Macy's is not sold on the idea. Id. focused on structured investment opportunities. Annualized for September 30, 2021 and September 30 . Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. Before the Court is Defendants' Motion for Summary Judgment. 20 Stockdale jobs available on Indeed.com. 2016); see also Smack Apparel Co., 550 F.3d 465 (5th Cir. The firm did not respond to multiple requests for comment. Dist., 912 F.3d 805, 811 (5th Cir. Shore Capital, a small London stockbroker whose business relies on small companies believing there is a benefit in being public, is quitting the stock market. Joseph Wong Design Associates is designing that project, and JLL is in charge of leasing. No. 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.. UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. Next door to Horton Plaza, British Columbia-based Bosa Developmentis planning a major redevelopment of the Paladion building to make way for 162,000 square feet of creative office space. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Cho, through his firm Mitaa Group, owns a handful of commercial properties . Only three claims for relief remain at issue in this case; Plaintiff withdrew counts II, III, VII, and VIII in its Second Amended Complaint. 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. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. Tex. Asset include: commercial office, medical office/life science, hospitality, retail and mixed-use. Sep 3, 2020. Lebanon-St. Peter Cathedral at 333 San Vicente Blvd. See In re Hutchinson Tech. It also pointed to the absence of survey evidence and the fact that the consumer declarations showed that their confusion stemmed from the overall architecture of the facilities, not from the similarity of the plaintiff's and defendant's symbols. Details on the settlement were not released. Id. 27, 2017) (quoting Am Rice, 518 F.3d at 332)). It could add an additional 1.5 million square feet of office space and other amenities down the road. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. No. 2d 679, 698 (S.D. The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." Stockdale Capital has been on a trading spree. Id. 34-5 at 138:15-24). 34-8 at 2). Jade Hindmon is KPBS Midday Edition co-host. The parties dispute the extent to which their real estate services overlap. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. at 508-09. Improper Integrals Examples. 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 . They contended Columbia Sussex accepted $63 million in PPP funding intended to keep workers employed, but ended up laying off thousands of people. 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. (Doc. Defendants have demonstrated that their real estate investments are a "big ticket" item, RE/MAX Int'l, Inc., 655 F. Supp. 2016) (concluding that "Houston College of Law" creates a substantial risk that potential purchasers would believe that it was connected with the University of Houston). Id. in Denver, according to public records. Exterior construction will begin shortly with 600-800 construction workers expected [] institutions including The Carlyle Group, Highbridge Capital and Morgan Stanley. 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. (Doc. Yari's company, Stockdale Capital, recently completed the adaptive reuse of the former Henkel Scottsdale headquarters near Loop 101 and Scottsdale Road, including renaming the building, the . 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. 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 list is updated frequently, so check . Attorneys are either actively filing these cases or investigating to determine whether lawsuits can be filed. 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." 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. As part of that Emmy Award winning team, she covered elections, landed exclusive interviews, and interviewed presidential candidates. 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. To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. Sint in voluptatem facilis deleniti eveniet iusto nesciunt optio. Nonetheless, even where marks are distinguishable, the inquiry is whether they are "similar enough that a reasonable person could believe the two products have a common origin or association." While there, she launched The Weekend Edition of Good Morning Indiana and generated breaking news content for both broadcast and digital platforms. See, e.g., (Doc. Id. 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 . at 248. 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. 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. 1971). I was exhausted., Do Not Sell/Share My Personal Information. "The main elements of Horton Plaza that of architectural significance are associated with the internal courtyard it has which is kind of a connecting spine,. 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. at 10. 41-15 Exh. The developer expects to complete the first phase in 2020, although the plans are subject to city approval. Stockdale Capital Partners is part of the Real Estate industry, and located in California, United States. 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. Care exercised by potential purchasers. 41-9). (Doc. On one hand, Defendants argue that the parties provide different services and operate on different scales. No. Apply to Senior Financial Accountant, Realtor, Line Cook/prep Cook and more! A likelihood of confusion requires a "probability of confusion, which is more than a mere possibility of confusion." Menu. . Founded in 2010, Stockdale Capital Partners is a real estate investment firm focused on owning and acquiring assets in the western United States. V. Houston Coll. Macys sued Stockdale Capital Partners in October arguing that Stockdales plans to turn the shopping center into a mixed used development centered on the development of new offices violated Macys lease. Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. The center was sold by Australian investment firm QIC, which purchased it in late 2017 as part of a larger deal with . "A finding of a likelihood of confusion is a finding of fact." 41-17 at 26:12-16). (Doc. There, the plaintiff, a self-storage services company, sued a competitor for infringing upon its use of a particular star symbol. How Much Do Twitch Streamers Make Per Ad, & Mech. Complaint in Saba Capital CEF Opportunities 1 Ltd., of the Cayman Islands, and Saba Capital Management LP, of Delaware v. Nuveen Floating Rate Income Fund, Nuveen Floating Rate Income Opportunity Fund, Nuveen Short Duration Credit Opportunities Fund, Nuveen Global High Income Fund, Nuveen Senior Income Fund, Terence J. Toth, Jack B. Evans, William C. Hunter, Albin F. Moschner, John K. Nelson . of Supervisors for La State Univ. Century, 295 Fed. (Doc. If we can get some of those high-paying tech jobs to downtown people will able to live and work in the same place.. Prior to Indianapolis, she was an anchor and multimedia journalist at FOX Carolina in Greenville, SC. Defendant's intent. Advertising media identity. 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. 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. 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" was chosen as a reference to Stockdale, California, where the company was founded. Notably, Plaintiff does not provide empirical evidence connecting Plaintiff's efforts to their efficacy in altering consumer association. Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. Marriott Le Merigot hotel in Santa Monica sold . Gary Stockdale. 34-2 7, 9). Future owner Stockdale Capital Partners is now laying the groundwork to transform the 900,000-square-foot shopping center into San Diegos next big economic windfall: a modern office campus. This factor is neutral. Id. 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. 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). 53 at 18). To prevail on its infringement claim, Plaintiff must also show that "the defendant's use of the mark creates a likelihood of confusion in the minds of potential customers as to the source, affiliation, or sponsorship of the product at issue." Bulbs 4 East Side, Inc. v. Ricks, 199 F. Supp. for Good Gov't, 901 F.3d at 508. Ahigh-density project like the Campus at Horton could bring thousands of jobs downtown and lift up surrounding neighborhoods, Michaels said, similar to development that has occurred in San Franciscos Transbay district, Chicagos West Loop and Scottsdales Old Town. Capital preservation through proven, experienced risk management. Disciplined, effective property operations and improvements. This factor is also neutral. Where the likelihood-of-confusion analysis is closely balanced, the question should be resolved in favor of the senior user. 300,000 square feet to make room for offices. (Doc. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys .
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