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Fact Situation

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A concise description of all the occurrences or circumstances of a particular case, without any discussion of their consequences under the law. The fact situation, sometimes referred to as a fact pattern, is a summary of what took place in a case for which relief is sought. The fact situation of one case is almost always distinguishable from that of another case.

When one case with a particular fact situation has been decided, an attorney may use it as precedent and relate it to another similar case on which he or she is currently working.



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Opinion 73-14 stated that a lawyer may ethically sue his client for recovery of a fee only when necessary to prevent "fraud or gross imposition by the client" and that the question of what constitutes "fraud or gross imposition" will be answered only as each fact situation arises.
It can be very misleading for the Internet researcher to merely assume that the basic information provided by a website will be applicable to her or his fact situation.
In fairness to the NYSE, a couple of general observations are relevant here: * First, any attempt to draw hard lines, such as the NYSE has attempted in its director independence tests, can always be attacked for not taking into account some hypothetical fact situation which calls into question whether the lines were drawn in the right place.
 
 
 
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