A. On July 27, 2017, the Plaintiff (designated parties; hereinafter “Plaintiffs”) and the designated parties entered into a membership entry agreement with the Defendant B Housing Association (hereinafter “Defendant Association”) and the Plaintiff, among the multi-family housing to be newly constructed by the Defendant Partnership’s implementation, agreed to be provided with the said subparagraph and the designated parties, and paid KRW 71,60,000, respectively.

B. Since the business did not normally proceed, the Plaintiff and the designated parties agreed to withdraw from the Defendant Cooperative on June 7, 2018. According to this agreement, the Defendants agreed to return the principal of the paid-in capital to the Plaintiff and the designated parties by July 31, 2018, respectively, and to pay damages for delay calculated at the rate of 15% per annum from August 1, 2018 to the date of refund, if not returned.

C. Therefore, the Defendants are obligated to pay each of the KRW 71,600,000 to the Plaintiff and the designated parties and each of them, as from August 1, 2018.

2. Judgment made by deemed confession (Article 208 (3) 2 of the Civil Procedure Act).