Seoul High Court 2009Nu17850 (20 January 20, 2010)

If there are many transaction examples of unlisted stocks, it is reasonable to view them as the market price in light of transaction volume.

At the time of the title trust of unlisted stocks, a third party sold 1,620 won per share to 45 persons while selling unlisted stocks. Two persons sold 30,000 won per share and 7,330 shares per share. In light of the number of trading partners and trading volume, it is reasonable to view 50,000 won per share as the market price.

The contents of the decision shall be the same as attached.

The appeal is dismissed.

The costs of appeal are assessed against the Plaintiff.

Although examining all of the records of this case and the judgment of the court below and the grounds of appeal, it is clear that the appellant’s grounds of appeal fall under Article 4 of the Act on Special Cases Concerning the Procedure of Appeal, and thus, the appeal is dismissed pursuant to Article 5 of the same Act, and it is so decided as per Disposition by