Multiple defendants moved under Rules 21 and 25 of the Rules of Civil Procedure to strike a lengthy statement of claim alleging fraud, conspiracy, breach of fiduciary duty, breach of trust, and unjust enrichment arising from unpaid German loan obligations allegedly concealed through asset transfers and trusts.
The court held that the pleading failed to set out material facts supporting the elements of the alleged causes of action and largely consisted of vague allegations and legal conclusions.
Several claims were struck as disclosing no reasonable cause of action, though the plaintiff was granted leave to amend.
The court emphasized the requirement to plead material facts and provide full particulars for allegations of fraud and related claims.
The plaintiff was also ordered to properly produce loan documents referenced in the pleadings.
