1. All appeals by the Defendants are dismissed.

2. The costs of appeal are assessed against the Defendants.

Purport of claim and appeal

1.

1. Facts of recognition;

A. On July 2004, the Plaintiff purchased compensation bonds issued by the Korea Land Corporation to landowners while carrying out a housing site development project for the zone D district for the building construction of the building. On July 2004, the Plaintiff entered into a land purchase agreement with the Korea Land Corporation on the land purchase of land in the name of the seller of the land compensation bonds for the land in the D Housing Site District E-commercial block (on the real name: e.g., e., e., e., e., e., e., e., e., e., e., e., g., e., e., e., e., e., e., e., g., e., e., e., e., g., e., e., e., e., e., e., g., e., g.

B. Meanwhile, M Co., Ltd. (hereinafter “M”) on October 25, 2004; O Co., Ltd. (hereinafter “O”); and N Co., Ltd. (hereinafter “N”) on February 3, 2006; and P Co., Ltd (hereinafter “instant company”) on the same year, respectively.

4.6. Each of the above companies was established, and each of the above companies (hereinafter referred to as the "fourth companies of this case") aims at implementing projects, such as the construction and sale of commercial housing.

C. On April 26, 2006, the four companies of this case are above A.

From the sellers of land compensation bonds purchased as described in the subsection, the status of buyers was succeeded to under the contract, and among each of the land, N Building was newly constructed in the land of e.g., H, O building in the land of H, M building in the J land, and building in the company of this case in the land of L (hereinafter “instant four buildings”).

Of the four companies of this case, the N’s list of shareholders is Q, R, and S as shareholders, and the O’s list of shareholders is divided into T, U, and V as shareholders, and all of them are the Plaintiff’s names.

E. Defendant B is the Plaintiff’s birth and Defendant C is the Defendant’s wife. Of the 10,000 shares issued by the instant company, Defendant B and the remaining 2,00 shares are owned by each of the Defendant C, and the present share certificates are not issued.

[Reasons for Recognition] A.I. to 8, 11.