In the case of the Plaintiff’s succeeding Intervenor B, C, D, E, F, and G’s application for participation, the loan amounting to KRW 224,931,270 is part of the claim.

Basic Facts

The plaintiff in the status of the original and the defendant is a company engaged in redevelopment and reconstruction improvement business.

The Defendant is a housing reconstruction and improvement project association established pursuant to the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents (hereinafter “Urban Improvement Act”) for the purpose of housing reconstruction projects (hereinafter “instant reconstruction project”) within the area of 18,637 square meters in total of 31 square meters, Daegu Jung-gu, K and 31 parcels.

On January 11, 2005, the Development Promotion Committee for the Implementation of the Reconstruction Project (hereinafter referred to as the “Promotion Committee of this case”) was established for the execution of the said reconstruction project. On March 3, 2005, the Plaintiff entered into a contract with the Promotion Committee of this case for the implementation of the said reconstruction project.

On July 7, 2006, the promotion committee of this case obtained approval from the head of the Daegu-gu Seoul Metropolitan City (hereinafter referred to as the "head of the Jung-gu Gu") and obtained approval from the head of the Gu on November 6, 2006 for the establishment of an association.

【instant service contract】

1. Business name 1) Business name: The defendant; 2) the site area in Jung-gu, Daegu-gu; approximately 18,637 square meters;

4. Contract price 1) Contract price: Total floor area of a new construction plan (excluding value-added tax): The interest rate on loans 3) for the changed total floor area after authorization for the implementation of a new construction project: Article 4 (Liability for Expenses) of the conditions for the execution of a reconstruction and improvement project without compensation; Article 4 (Liability for Expenses) of the conditions for the execution of the reconstruction and improvement project; and Article 4 (Liability for Expenses) of the following expenses incurred until the construction works are selected for the implementation of the reconstruction and improvement project; and the settlement thereof shall be made by the defendant to the construction works in accordance with the payment rate included in the terms and conditions of the defendant and the plaintiff.