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Full title:STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE, Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. 41 at 5). Subscribe. 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. 3d 1151, 1159 (S.D. 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 . 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. Project manager and captain, Parker Stockdale, introduced the owner's vision of building the finest yacht ever created. 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. Smack Apparel, 550 F.3d at 478. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. (Doc. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. By Posted halston hills housing co operative In anson county concealed carry permit renewal Both programs also aired on public television stations nationwide. 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. Wal-Mart Stores, Inc., 529 U.S. at 210-11. The lobby of the Galleria in Scottsdale, Ariz. Id. Stockdale acquired the mall in 2018 from Westfield for $175 million. . The other two instances provide a somewhat more tenable basis for actual confusion. 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. The deal closed May 11. Nexera is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon . No. is not active anymore since 2001-05-24 due to Merger - Without Assistance. All. Details on the settlement were not released. Two Pesos, 505 U.S. at 769. Id. No. The refit of Anodyne began when an American owner acquired a 98-foot (approximately 29.9-meter) Inace motoryacht in 2014, then-named Boundless. It further contends that there is no likelihood of confusion between Plaintiff and Defendants' marks. 1976)). 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 . He confirmed that Stockdale Capital Partners which specializes in investing, developing and managing under-performing commercial real estate is now in escrow to buy the mall. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. (Doc. Macy's sued Stockdale Capital Partners in October arguing . Pebble Beach Co. v. Tour 18 1 Ltd., 155 F.3d 526, 540 (5th Cir. Stockdale Capital buys 175-key hotel from Columbia Sussex, which was accused of misusing PPP funds, Stockdale Capital Partners bought the 175-key hotel. Mark similarity "is determined by comparing the marks' appearance, sound, and meaning." The decision to close, which is being characterized as temporary, comes as Someck continues his nearly two-year legal tussle with Horton owner Stockdale Capital Partners over the terms of the . CIVIL ACTION NO. STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE CAPITAL PARTNERS, LLC, et al, Defendants. 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. (Stockdales) plan is thoughtful. (Doc. 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. at 8. Capital preservation through proven, experienced risk management. 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. Id. Additional office space is planned by Stockdale Capital Partners for Horton Plaza, although a pair of the mall's current tenants are fighting the conversion. Going Vertical Authors Channel Summit. Apply to Senior Financial Accountant, Realtor, Line Cook/prep Cook and more! See you on the other side! 53 at 18). 53 at 16). Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? (Doc. Stockdale acquired the mall in 2018 from Westfield for $175 million. Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. (Doc. Similarity of the marks. 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. However, proof of a defendant's intent is not required to establish trademark infringement. Westfield for $175 million. Dist., 912 F.3d 805, 811 (5th Cir. They feature, for example, different fonts, inverted color schemes, and one includes the additional words "Capital Partners." for Better Gov't, 901 F.3d 498, 505 (5th Cir. Stockdale acquired the mall in 2018 from Westfield for $175 million. The list is updated frequently, so check . What additional experience/credentials can I get to set myself apart? March 6, 2017. Mr. RP 74. The name "Stockdale" was on a list of potential buyers. Springboards to Educ., 912 F.3d at 811. (Doc. Id. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. (Doc. Its clear that there are many millennials who would like to live downtown, and do live downtown, but have to commute north to job centers. Marriott Le Merigot in Santa Monica for $75 million in May, around $428,600 per room. RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 F. Supp. Today, however, the malls storefronts have been abandoned in recent years by retailers either struggling to adapt to an online-shopping world or dragged down by the centers fortress-like feel. Defendants "are primarily focused on the acquisition and development of real estate for commercial uses" and seek investments from "ultra-high net worth individuals." No. Stockdale Capital Partners offers enhanced returns through extensive market knowledge in streamlined acquisitions and well-managed property operations, all while preserving capital. No. LOS ANGELESStockdale Capital Companions (Stockdale), a Los Angeles-based, vertically-integrated actual property funding company, bought the DoubleTree Suites Salt Lake Town Downtown. Monday, Nov 28, 2022 . Given that Plaintiff has undisputedly used the mark for thirty years, has sizeable real estate market value, engages in widespread advertising and promotional efforts, and has received at least some media recognition, Plaintiff has established a genuine fact as to whether its mark has acquired secondary meaning. Along the canal, Stockdale . Location. But in October, eight Congress members including three from the L.A. area asked the Small Business Administration to investigate Columbia Sussex for allegedly misusing the funds. 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." (Doc. Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said. The developer expects to complete the first phase in 2020, although the plans are subject to city approval. Rank: Chimp 3 . Greater Los Angeles Area. 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. HON. 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. 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. Id. On one hand, Defendants argue that the parties provide different services and operate on different scales. Design work on the 10-acre project is being led by Retail Design Collaborative and Rios, Clement Hale. Here We Go Again (2018). This factor is neutral. Stockdale Capital Partners announced that it has Find the best employment attorney serving Stockdale. She is a proud graduate of Florida Agricultural and Mechanical University. the $275 million redevelopment of Horton Plaza in downtown San Diego. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . The real estate investment firm, currently in escrow on the Westfield-owned property, will strip the 33-year-old mall of its longstanding retail roots in favor of an all-inclusive, upscale work-and-play environment, according to multiple local community stakeholders who have been briefed on the firms plans. They proposed an "innovation hub" focused on technology and biotechnology companies. Before the Court is Defendants' Motion for Summary Judgment. 53 at 15). The J.W. 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. Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. Even sophisticated real estate entities may, at least initially, believe that the two parties are affiliated with one another, which could cause reputational harm. Veritas $450M loan default: A sign of things to come? Id. 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. & Mech. Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. The Business Journalis the premier business publication in San Diego. stockdale capital lawsuit. If a mark has acquired secondary meaning, it is deemed to be a strong mark. 53 at 15). PublishedOctober 21, 2019 at 10:00 AM PDT. To determine whether such a likelihood of confusion exists, courts consider a non-exhaustive list of so-called "digits of confusion," including: (1) strength of the mark, (2) mark similarity, (3) product or service similarity, (4) outlet and purchaser identity, (5) advertising media identity, (6) defendant's intent, (7) actual confusion, and (8) care exercised by potential purchasers. Asset include: commercial office, medical office/life science, hospitality, retail and mixed-use. Notably, Plaintiff does not provide empirical evidence connecting Plaintiff's efforts to their efficacy in altering consumer association. 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. See, e.g., (Doc. Improper Integrals Examples. 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. Downtowns retail dead zone Horton Plaza is headed for permanent retirement. 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. at 638). stockdale capital lawsuit. 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.
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