Business dispute alleging fraud summarily dismissed for lack of "particularity."

In Osprey SA, Ltd., v. Webber Inv. Co., LLC, the Court of Appeals affirmed the lower court's decision to summarily dismiss the defendant's counter-claim. 

The Court noted that the statute of limitations had run on the allegations, and that in any event they were not pleaded with sufficient particularity and did not "reasonably inform the other parties of the nature of the claims which they were required to defend.  The Court held that they were also insufficient to state a legal malpractice claim.