A. Defendant C&C partnership (hereinafter “Defendant C&C partnership”) is an association established for the execution of the compartmentalization and rearrangement project of the land of Jung-gu, Incheon (hereinafter “instant project”).

B. The defendant union and E enter into a contract for the execution of the project and the purchase and sale of development recompense land between the defendant union and E (hereinafter "E") on September 17, 2004

(2) The contract amount of KRW 750,400,00 (excluding value-added tax) shall be the execution agency contract for the implementation of the project (hereinafter “instant implementation agency contract”) with the content that the administrative services related to the instant project and the overall management affairs of all service companies are performed on behalf of others.

(2) According to the contract of this case, in selling the land allotted by the Defendant Union for recompense of development outlay (24,267 square meters in size) for collective housing in the project district executed by the Defendant Union, E is the first purchaser of the land, and E is the right to construct infrastructure for the project site, and E grants E the right to construct infrastructure for the project site, and E, upon requesting the Defendant Union to borrow the project fund, decides to convert this fund into part of the land to be paid at the time of the conclusion of the contract of purchase and sale of the land.2) In accordance with the execution contract of this case, the Defendant Union and E, as of December 29, 2004, as of December 29, 2004, between E and Jung-gu, Incheon, Jung-gu, Incheon, the purchase and sale price of the land allotted by the development recompense of development recompense of development outlay (24,267 square meters in size, 267 square meters in size, hereinafter “the land allotted by the development recompense of development outlay of development outlay of this case”).

3) E paid 7,535,850,000 won as down payment and the first intermediate payment, and paid 38,814,120,000 won in remainder on March 31, 2005.