1. The defendant's appeal is dismissed.

2. The costs of appeal shall be borne by the Defendant.

Purport of claim and appeal

1..

The reasoning of the judgment of this court is as follows, except for the dismissal of a part of the following, and therefore, it refers to the reasoning of the judgment of the court of first instance.

According to the second judgment of the court of first instance, the part of the 5-7 '(3)' is as follows.

On January 17, 2017, D paid the first default on January 17, 2017, and on March 29, 2017, D lost the interest of the above loans due to the default on the current share swap and failed to repay. On June 2, 2017, the Plaintiff subrogated the principal and interest of KRW 481,247,355, 301,412,817 to E. On June 2, 2017, the Plaintiff subrogated for the principal and interest of KRW 481,247,355, 301,412,817. Following the third instance of the first instance judgment, the “written evidence No. 14, the result of the inquiry on the Daegu Metropolitan City Mayor of this court” in the first and second instances are as follows:

Therefore, the judgment of the court of first instance is legitimate, and the plaintiff's appeal is dismissed.