Text

1. The Defendants are jointly and severally and severally liable to the Plaintiff for KRW 442,672,150 and KRW 441,070,650 among the Defendants, from April 26, 2016 to May 1, 2017.

Reasons

1. On May 14, 2015, the Plaintiff entered into an export credit guarantee agreement with Defendant A Co., Ltd. (hereinafter “Defendant Company”) with the credit guarantee limit of KRW 450,00,00,00, and the guarantee period of the Plaintiff from May 29, 2015 to May 29, 2016. Defendant B guaranteed the Plaintiff’s obligation under the above export credit guarantee agreement with the Plaintiff, and on April 25, 2016, the Plaintiff requested reimbursement [41,070,650, subrogated reimbursement amount of KRW 1,601,50, annual interest rate of the agreement, 11% per annum, and the delivery date of a copy of the complaint against the Defendants];