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1. The Defendant’s KRW 5,00,000 as well as annual 5% from November 16, 2015 to November 30, 2015 to the Plaintiff.
Reasons
1. The description of the grounds for the claim shall be as specified in the attached Form;
2. Determination
(a) Article 208(3)1 of the Civil Procedure Act (Judgment without holding any pleadings);
B. The Plaintiff partially dismissed claims for the amount of KRW 55 million at the rate of 15% per annum from November 16, 2015 to the date of full payment.
However, in principle, 15% per annum, which is the statutory interest rate under the Act on Special Cases Concerning Expedition, etc. of Legal Proceedings, can be applied from the date following the delivery of the complaint or other equivalent document to the obligor.
Therefore, there is no reason for the Plaintiff’s claim for damages for delay by more than 5% per annum under the Civil Act from November 16, 2015 to November 30, 2015, which is obvious that the copy of the complaint in this case was served on the Defendant from November 16, 2015.