1. The judgment of the first instance, including the successor participation by the plaintiff succeeding intervenor, is modified as follows.

The main lawsuit and the lawsuit of independent party intervention shall be considered together.

1. The grounds for this part of the basic facts are as follows: “E” of the fifth and seventh acts in the judgment of the court of first instance; “201.........” of the sixth and third acts “201...............” of the sixth and third acts “201..............” of the 2011...... 4837 and 256 of the 2012................. the 7th and fourth act “Seoul East District Court” of the 19th act as “G”; “E” of the 8th and 17th act as “not,” of the 9th act as “No. 12th act as “No. 2015.................. the 14th of the judgment and the collection order were sent to the Defendant with evidence No. 1516 or evidence No.

“E. On July 23, 2018, the Plaintiff transferred KRW 200 million (including interest or delay damages) among E claims acquired by the Plaintiff’s legal subrogation to the Plaintiff’s succeeding Intervenor, and the Plaintiff’s succeeding Intervenor notified the Defendant of the fact of the assignment of claims on July 27, 2018 and notified the Defendant of the fact of the assignment of claims on July 30, 2018.”

2. The reasoning for this part of this court’s judgment on the Plaintiff’s principal safety defense against the Intervenor is as stated in the judgment of the first instance, except where the “participation by an independent party” in the first instance trial No. 10 of the judgment of the first instance is regarded as “participation by an independent party”, and thus, it is identical to the corresponding part of the judgment of the first instance. As such, this part shall be cited pursuant to the main sentence of Article

3. Summary of the parties' arguments

A. The Plaintiff, a third acquisitor of the instant real estate, on which the right to collateral security was established, raises an objection to KRW 200 million of the instant dividends.