Text

1. The Defendant terminated the title trust on June 22, 2016 with respect to construction machinery listed in the separate sheet from the Plaintiff.

Reasons

On May 18, 2012 and May 21, 2012, the Plaintiff was entrusted with the name of the owner as to each of the construction machinery listed in the separate sheet purchased by the Defendant (hereinafter “instant construction machinery”). The Plaintiff requested the Defendant to transfer the name of the owner of the instant construction machinery several times thereafter, but the Defendant’s failure to implement the request was all led to the confession of the Defendant, and the fact that the duplicate of the complaint of this case containing the declaration of intent to terminate the title trust on the instant construction machinery was delivered to the Defendant on June 22, 2016 is apparent in the record. The Defendant is obligated to accept from the Plaintiff the transfer registration procedure for the instant construction machinery on the ground of the termination of the title trust on June 22, 2016.