A. On January 6, 2006, high school community credit cooperatives loaned KRW 150,000,000 to the Defendant. On February 27, 2008, the above claims were transferred to the Federation of community credit cooperatives. On April 18, 2014, the Federation of community credit cooperatives transferred the above claims to the Plaintiff. High school community credit cooperatives and the Federation of community credit cooperatives notified the Defendant of each of the above claims assignment around August 20, 2014.

B. As of December 24, 2014, the principal and interest of the loan amounting to KRW 328,157,689 (= Principal KRW 150,00,157,689). As such, the Defendant is obligated to pay to the Plaintiff damages for delay calculated at the rate of 15% per annum for KRW 328,157,689 and for KRW 150,000 from October 21, 2015 to the date of full payment, as the Plaintiff seeks.

2. Judgment by public notice for recognition (Article 208 (3) 3 of the Civil Procedure Act).