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1. The Defendants are jointly and severally and severally liable to the Plaintiff for KRW 505,60,550 and KRW 502,063,70 among them, from November 17, 2016 to January 2017.

Reasons

1. On November 17, 2014, and October 28, 2015, the Plaintiff entered into an export credit guarantee agreement with Defendant A Co., Ltd., and Defendant B jointly and severally guaranteed an obligation under the respective export credit guarantee agreement with the Plaintiff of the Defendant A Co., Ltd., and on November 16, 2016, the Plaintiff requested the payment of indemnity amount (on January 23, 2017, subrogated payment amounting to KRW 502,063,70, subrogated payment amounting to KRW 3,538,850, subrogated payment amounting to KRW 3,538,850, annual agreed interest rateing to KRW 11 per annum, and each copy of the complaint served on January 23, 2017)