1. The Defendants are jointly and severally and severally liable to the Plaintiff KRW 1.7 billion and the Defendants A and B, from December 18, 2012, and Defendant B.

1. Basic facts

A. The Plaintiff is a company running real estate-related business.

(2) The Defendant A Cooperatives (hereinafter “Defendant Cooperatives”) is a project implementer under Article 13 of the Urban Development Act established on December 7, 2005 in order to implement an urban development project (hereinafter “instant project”) in Kimhae-si D, E, F, and G, and the Defendant B was a person who was in charge of the head of the association from the time of the establishment of the Defendant Cooperatives until May 2008.

(3) On October 29, 2004, Defendant C entered into an agency contract with Defendant C to settle the funds needed for the instant project as the land allotted by the authorities in recompense for development outlay for the instant project (hereinafter “instant agency contract”) and was ratified by the board of representatives of the Defendant C association on September 27, 2006.

(I was jointly accepted by Defendant C with Defendant C, but I was excluded thereafter).

(1) On November 2006, Defendant C intended to sell part of the land allotted by the Defendant C in recompense for development outlay for development outlay for the project expenses under the instant agency contract between the Plaintiff and the Defendant Cooperatives. At that time, it proposed that the Plaintiff purchase the land allotted by the development recompense for development recompense for development recompense for the attached Table among the anticipated land allotted by the development recompense for development recompense for development outlay for the instant business district (hereinafter “instant land secured by development recompense for development recompense”).

(2) On December 4, 2006, the Plaintiff entered into a sales contract with the Defendant Cooperative to purchase the instant land allotted by the development recompense for development outlay from the Defendant Cooperative (2.5 billion won at the time of the contract deposit, an intermediate payment of KRW 50 million on December 4, 2006, and an intermediate payment of KRW 1.75 billion on December 31, 2007, and an outstanding payment of KRW 1.75 billion on December 31, 2007). Each of the above amounts shall be used only for the expenses incurred in implementing the project in Kimhae-si D, E, and F G 1,431,960 square meters.