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1. The Defendant shall pay to the Plaintiff KRW 65,00,000 and the interest rate of KRW 15% per annum from November 7, 2015 to the day of complete payment.
Reasons
1. The description of the grounds for the claim shall be as specified in the attached Form;
2. Article 208 (3) 1 of the Civil Procedure Act (a judgment without holding any pleadings);
3. As to the damages for delay, the Plaintiff claimed for the payment of damages for delay calculated at the rate of 20% per annum under the Act on Special Cases Concerning Expedition, etc. of Legal Proceedings from the day following the delivery of a copy of the complaint of this case to the day of full payment. However, the statutory interest rate applicable after October 1, 2015 (wholly amended by Presidential Decree No. 26553, Sept. 25, 2015) of the main text of Article 3(1) of the amended Act on Special Cases Concerning Expedition, etc. of Legal Proceedings provides that the statutory interest rate applicable after October 1, 2015 shall be 15/100 per annum. Thus, in applying the aforementioned provisions prior to the amendment, the Plaintiff’s claim for damages for delay exceeding the rate of 15% per annum from November 7, 2015 to the day of full payment is without merit.