Plaintiff

A Co., Ltd. (hereinafter referred to as “Plaintiff A”) concluded an investment contract with Defendant C (hereinafter referred to as “Defendant C”) to invest KRW 30 million in the E Corporation (hereinafter referred to as “instant construction”) among the Modern Steel Industrial Complex Construction Works for Hyundai Steel Co., Ltd. (hereinafter referred to as “Modern Steel Industries”) that Defendant D received as the representative director (hereinafter “instant investment contract”).

Plaintiff

On May 29, 2013, Plaintiff B, the representative director of A, transferred KRW 30 million to Defendant D’s account in accordance with the instant investment contract.

Plaintiff

On June 4, 2013, A drafted a contract with Defendant C with respect to the instant investment contract, with the following contents:

Article 1 [Contents of Business]

1. Business contents: The instant construction project;

2. Quantity of business: 300 cubic meters;

3. Period for construction: Article 2 until the completion of 300 cubic meters (which shall be reverse).

1. The plaintiff A invests 30 million won to the defendant C.

2. The contract term shall be three million cubic meters in cubic meters until the completion of the construction;

Article 4 (Payment of Return on Investment) Defendant C shall pay the Plaintiff A 30 won/metres to the Plaintiff at each time.

(Attachment No. 3) of the Plaintiff’s assertion as to the Plaintiff’s primary claim in the judgment of the entire purport of the pleadings and the facts without dispute, Gap’s No. 1, 2, and Eul’s No. 3 (including Serial number; hereinafter the same shall apply), and Defendant B’s assertion as to the Plaintiff’s primary claim in the judgment of the entire purport of the pleadings, the Plaintiff’s assertion that the Plaintiff would be able to receive the instant construction and make a large profit therefrom, and the Plaintiff B made an investment contract of this case and invested KRW 30 million.

However, Defendant C failed to accept the instant construction, and Plaintiff B revoked the instant investment contract on the ground of deception.

Therefore, Defendant D should compensate the Plaintiff B for the tort, and Defendant C should compensate for the damages jointly with Defendant D, a representative director.

Therefore, the Defendants jointly do so.