1. The plaintiff's claim is dismissed.

2. The costs of lawsuit shall be borne by the Plaintiff.

1. The purpose of the relevant provisions of the Act on Special Measures for the Promotion of Venture Businesses (hereinafter referred to as the “Act on Special Measures for the Promotion of Venture Businesses”) is to facilitate restructuring of the industry and enhance the competitiveness by facilitating the conversion of existing companies into venture businesses and the establishment of venture businesses;

Article 4-2 (1) of the Venture Business Act provides that organizations designated by the Administrator of the Small and Medium Business Administration, from among investment management organizations prescribed by Presidential Decree, such as the Small and Medium Business Corporation, may form a fund of funds for small and medium enterprises investments (hereinafter referred to as "fund of funds for small and medium enterprises investments") by receiving investments from persons who manage the Fund for the Establishment and Promotion of Small and Medium Enterprises under Article 63 of the Small

In addition, Article 4-3 (1) of the Venture Business Act provides that investment companies for the establishment of small and medium enterprises or venture capitalists can form an association (hereinafter “Korea Venture Fund”) with the aim of investing in small and medium enterprises and venture businesses and investing in investment associations under paragraph (4) 3 after receiving investments from the fund of funds for investments in small and medium enterprises.

2. Facts of recognition;

A. Establishment and composition of the cultural industry association 1) The “Korea M&A” is the fund of funds for small and medium enterprises investment established in accordance with Article 4-2(1) of the Venture Business Act in 2005. The “cultural industry association” (hereinafter “instant association”).

Around July 2009, the Venture Business Act was established as the Korea Venture Fund in accordance with Article 4-3(1) of the Venture Business Act. 2) The members of the instant association consist of a managing member (a member with unlimited liability for the partnership's obligations), a limited partner (a member with limited liability within the limit of the amount of investment for partnership's obligations), and a special partner.

The Plaintiff is an executive member of the instant association.

The association of this case.