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1. The Defendant shall pay to the Plaintiff KRW 27,00,000 as well as 20% per annum from June 5, 2015 to the day of complete payment.
Reasons
1. Evidence (A, A2-1 through 3);
2. Indication of claim; and
A. On July 29, 2014, the Plaintiff lent KRW 27,000,000, total of KRW 10,000,000 to the Defendant on September 11, 2014, KRW 5,000,000 on September 30, 2014, KRW 1,500,000 on May 8, 2015, and KRW 1,500,000 on May 22, 2015, and KRW 2,00,000,000 on June 4, 2015, as each year (payment on September 15).
B. From July 29, 2014, the first borrowing date, to June 4, 2015, the last borrowing date, the Defendant agreed to pay to the Plaintiff an amount equivalent to 20% per annum as interest on the borrowing amount. The Defendant agreed to pay 900,000 won per annum on January 6, 2015, including the payment of KRW 90,000 per annum below 20% per annum on November 7, 2014, and the payment of KRW 30,000,00 per annum on January 7, 2015, and KRW 650,000 on January 23, 2015, and KRW 165,00,000 on March 16, 2015, and KRW 70,000,000 per annum on April 70, 2015, respectively.
Since June 4, 2015, the Defendant did not repay all the interest and principal to the Plaintiff.
C. Therefore, the Defendant shall pay to the Plaintiff damages for delay at the rate of 20% per annum from June 5, 2015 to the day of full payment, as the Plaintiff seeks.
3. Judgment by public notice (Articles 208 (3) 3, and 194 through 196 of the Civil Procedure Act).