It being the fact/case that

[Osya Bender]

It being the fact that...
It being the case that...

As dictionaries tell this phrase occurs in formal documents.

I think being is a participle (not a gerund) here but I'm not sure.
Am I right?

Thank you.

 

[MikeNewYork]

It being the fact that...
It being the case that...

As dictionaries tell this phrase occurs in formal documents.

I think being is a participle (not a gerund) here but I'm not sure.
Am I right?

Thank you.

I agree with you. It is not acting as a noun (gerund). It is acting as a modifier (participle).

 

[probus]

They are both extremely ugly constructs.