Anthony Teong-Chan Gaw as Transferee of Radcliffe Investment LTD. - Page 181

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            vant to petitioner's constitutional and abuse of discretion                                    
            claims, we disagree with petitioner that the Court should take                                 
            judicial notice of the newspaper article as a legislative fact or                              
            that it is admissible as an exception to the hearsay rule under                                
            rules 803(17) and 803(24) of the Federal Rules of Evidence.                                    
                 With respect to petitioner's argument that the Court should                              
            take judicial notice of the newspaper article as a legislative                                 
            fact, legislative facts generally are those pertinent to legal                                 
            reasoning that assist a court in deciding questions of law,                                    
            policy, and discretion.  See Nolan v. Ramsey, 597 F.2d 577, 580-                               
            581 n.2 (5th Cir. 1979); see also Notes of the Advisory Committee                              
            on the Federal Rules of Evidence, 28 U.S.C. app. at 738 (1988); 1                              
            Weinstein & Berger, Weinstein's Evidence, par. 200[03], at 200-16                              
            to 200-17 (1995).  We do not find the newspaper article to be                                  
            pertinent to the legal reasoning involved in, or otherwise of                                  
            assistance to the Court's resolution of, the claims to which                                   
            petitioner contends that article is relevant.  Accordingly, we                                 
            will not admit the newspaper article as a legislative fact.                                    
                  With respect to petitioner's reliance on rules 803(17) and                               
            803(24) of the Federal Rules of Evidence, we note at the outset                                
            that the statement appearing in the newspaper article concerning                               
            "back-to-back loan structures" was attributed by that article to                               
            Price Waterhouse.  Consequently, there are two layers of hearsay                               
            that we face, viz., the statement made by Price Waterhouse to the                              
            declarant in the newspaper article and that declarant's statement                              




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