Confero Fall 2013: Issue 4 | Page 16

Res Ipsa Loquitor RES IPSA LOQUITOR IPS STATEMENT: DON’T WAIT UNTIL IT’S TOO LATE! “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” —John Adams DIANA K. POWELL, ESQ. 14 | FALL 2013 I deals, rights and responsibilities are codified and reduced to written documents to have legal significance. This is especially true when it comes to plan documents and company 401(k) plans. Ordinary citizens throughout the United States rely on documents such as the Bill of Rights and the United States Constitution every day for the rights and principles found within their texts. The importance of governance documents is