1. The defendant shall pay 50 million won to the plaintiff and 20% per annum from July 1, 2008 to the day of complete payment.

1. Comprehensively taking account of the overall purport of evidence Nos. 1 and 2 as to the cause of the claim, the Plaintiff filed a lawsuit seeking a loan against the Defendant around 2008, and on May 30, 2008, the Plaintiff acknowledged the fact that “the Defendant shall pay the Plaintiff, by June 30, 2008, the amount of KRW 50,000,000, but if the payment is delayed, the interest rate for delay calculated at a rate of 20% per annum, shall be added to the unpaid amount.” (Seoul Eastern District Court Decision 2008Gahap847), and on February 21, 2018, the Plaintiff filed the instant lawsuit for the interruption of extinctive prescription.

According to the above facts, the defendant is obligated to pay to the plaintiff 50 million won and damages for delay calculated at the rate of 20% per annum from July 1, 2008 to the day of full payment.

2. The plaintiff's claim for conclusion is justified and it is so decided as per Disposition.