The following excerpt is from Hanson Trust PLC v. ML SCM Aquisition, Inc., 781 F.2d 264 (2nd Cir. 1986):
The role of the appellate court in reviewing the factual findings of the district court is substantially circumscribed. "Where there are two permissible views of the evidence, the factfinder's choice between them cannot be clearly erroneous." Anderson v. City of Bessemer City, N.C., --- U.S. ----, 105 S.Ct. 1504, 1512, 84 L.Ed.2d 518 (1985). Further, "[w]hen ... the issue involves the credibility of the witnesses and therefore turns largely on an evaluation of demeanor, there are compelling and familiar justifications for leaving the process of applying law to fact to the trial court and according
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