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Material Facts:
The defendant's son held an "open invitation" party at his parent's home. Guests, to include minors, were encouraged to "bring their own bottle." The plaintiff's minor daughter attended the party, become intoxicated, and was involved in fatal accident. The plaintiffs sued the defendants, alleging they were aware of the underage drinking and of their daughter's condition when she left the party.
Don't simply rewrite in verbatim language the facts as presented in the text. This is your summary of the facts that you deem to be relevant to the ultimate issue being put before the court to decide. Not every detail is going to be important. Be selective about what you include. Some of the facts of the cases become much more complicated, but remember to make and keep it simple. Tell the story in plain language as if you are talking about an experience you or someone you know has had. It will help to keep in mind that these cases are based on true events, real people, real controversies.
Payback period = total cost of investment / estimated annual revenue
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