1. The Defendant is jointly and severally and severally with C to KRW 153,649,373 and KRW 69,536,704 among them, from May 21, 2019.

Facts of recognition

The Plaintiff lent a total of KRW 300,000,000 to the Defendant as indicated in the following table:

(hereinafter) The lending set forth in the table Nos. 1 among the following table is “No. 1” and “No. 2”. Nonparty C jointly and severally guaranteed the Defendant’s respective loan obligations against the Plaintiff.

C The respective loans of the first and second loans as at May 20, 2019 are as listed in the following table:

At present, the interest rate for arrears applicable to the first loan is 14.82% per annum, and the interest rate for arrears applicable to the second loan is 12.89% per annum.

[Ground of recognition] The defendant is jointly and severally liable to pay to the plaintiff 12,89% interest per annum for the amount of KRW 153,649,373 in the balance of principal and interest of loans 1 and 2 as well as the amount of KRW 69,536,704 in the balance of principal and interest of loans 1 and the amount of KRW 69,536,704 in the case of KRW 153,643 in the form of loans 1 and 2, and damages for delay calculated at the rate of 14.82% per annum from May 21, 2019 to the date of full payment, for KRW 20,000 in the balance of principal of loans 20,000 on May 21, 2019 as of the date following the above basic date.

In conclusion, the plaintiff's claim is reasonable and acceptable.