Holding that refusal to grant relief from default was an abuse of discretion "because [default] should be reserved by a trial court as a final, not a first, sanction imposed on a litigant"
Holding that there is “no scienter requirement inserted in SEC Rule 13b2–1 ... because § 13(b) of the 1934 Act ‘contains no words indicating that Congress intended to impose a ‘scienter’ requirement.' ”
Holding that the district court wrongfully "required conclusive evidence" of defendant's proposed meritorious defense because "the District Court was not the trier of fact on this issue and should not have required such evidence in order to permit [the defendant] to present its defense"
Holding that the marks VIRGIN and VIRGIN WIRELESS were, in light of the strength of the VIRGIN mark, similar enough to weigh in favor of a likelihood of confusion because, in addition to using the same first word VIRGIN, the context in which consumers experienced the plaintiff's mark, including through radio advertisements, nullified the marks' visual dissimilarities
Holding that a showing of a likelihood of confusion as to source or sponsorship establishes the requisite likelihood of success on the merits as well as the risk of irreparable harm