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1. The Defendant’s reason for termination of the title trust on December 10, 2014 regarding the motor vehicles listed in the separate sheet from the Plaintiff.
Reasons
On October 30, 2013, the Plaintiff was entrusted with the name of the owner of the instant automobile purchased by the Defendant on or around October 30, 2013 (hereinafter “instant automobile”); the Plaintiff requested the Defendant to transfer the name of the owner of the instant automobile several times thereafter, but the Defendant failed to perform this; on the other hand, the Plaintiff’s repayment of KRW 10,906,00 in total to Hyundai Capital Co., Ltd. on behalf of the Defendant to Hyundai Capital on behalf of the Defendant was led to the confession; and the fact that the duplicate of the instant complaint containing a declaration of intent to terminate the title trust on the instant automobile was delivered to the Defendant on December 10, 2014 is apparent in the record that the Defendant received the transfer registration procedure for the instant automobile on the grounds of the termination of title trust from the Plaintiff on December 10, 2014; and that the Plaintiff is clearly obligated to pay the Plaintiff 10,906,000 won and damages for delay by the date of delivery of the complaint from 2014.
Therefore, the plaintiff's claim of this case is reasonable, and it is decided as per Disposition by the assent of all participating Justices.