1. The plaintiffs' primary claim and conjunctive claim against the defendant are all dismissed.

2. The costs of lawsuit shall be.

1. Basic facts

A. G entered into the first trust agreement between G and the Defendant refers to the business of newly constructing and selling J (hereinafter “instant hotel”) on the ground of the Jeju-si I land (hereinafter “instant land”). On March 21, 2014, G completed the registration of ownership transfer on the instant land by reason of trust.

G and the Defendant concluded a real estate sale management trust agreement (hereinafter “the first trust agreement”) with respect to the instant land on April 8, 2014, including the following matters:

§ 1. For the purpose of trust, this trust contract is a business of newly constructing or expanding and selling a building (referring to the building on the first floor and the tenth floor above the ground of the land in this case) in the trust real estate as shown in annex 2 by the truster in accordance with the laws on the sale of buildings.

(B) the trustee’s trust property (including any additional trust of the completed building).

) protect the buyer by preserving and managing the ownership and protect the buyer and the truster (if there is a separate debtor, including the debtor).

(2) In the event of completion of the construction referred to in the attached Table 2 on the trust property, the truster shall additionally entrust the trustee with the registration of preservation of ownership of the completed building after undergoing a pre-use inspection. The beneficiary of trust interest: the beneficiary of the trust interest: the first beneficiary of the trust interest: the first beneficiary of the trust interest: K Union, the second-class L corporation, the third-class M corporation: the debtor: the amount of G earnings limit: KRW 3.90 million (loan) for the first beneficiary, the second beneficiary of the first priority, the amount of KRW 3.90 million for the second beneficiary of the second priority, the amount of KRW 380 million for the second beneficiary of the second priority, the amount of KRW 20,285,758,350 (130%) for the second beneficiary of the second priority, the third beneficiary of the first priority, the amount of KRW 20,285,758

B. 1) N Co., Ltd. (hereinafter “N”)

on July 27, 2016 between G and the hotel in this case.