Well, SW, I work with a legacy method of calculating shear-out strength which includes a parameter which is dependent upon, firstly, the percentage of fibres at 45 deg to the edge and, secondly, the percentage of the remainder parallel to it. I do not have access to the data upon which it is based. Later methods treat edge strength as being the bearing strength if edge distance > N times fastener shank dia; if edge dist < N x dia, edge strength is bearing strength times an empirical reduction factor. N is 3 for countersinks & 2.5 for plain.
As a concessions engineer, I often have to use the legacy method to account for short edge distances or cases where a ply or two are considered ineffective. If the plies align conveniently with the edge in question, I can follow the method. If they do not, I calculate two values of the parameter, and hence strength. In the first, the edge is treated as parallel to one of the fibre directions. The second alignment is at 45 deg to the first. I would like to be able to do better than this.