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1. The Defendant shall pay to the Plaintiff KRW 40,00,000 and the interest rate of KRW 12% per annum from July 5, 2019 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. Judgment without holding any pleadings (Articles 208 (3) 1 and 257 of the Civil Procedure Act);
3. The statutory interest rate under the main sentence of Article 3(1) of the Act on Special Cases concerning Expedition, etc. of Legal Proceedings is recognized only as damages for delay calculated at the rate of 12% per annum from the day following the delivery date of a copy of the complaint of this case to the day of complete payment, and the excess portion shall be dismissed as the provisions concerning statutory interest rate were promulgated on May 21, 2019 as amended and enforced from June 1, 2019.