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1. All appeals by the Defendants are dismissed.
2. The costs of appeal are assessed against the Defendants.
Purport of claim and appeal
1.
Reasons
1. Basic facts
A. 1) The Plaintiff Co., Ltd. (hereinafter “A”)
(1)In obtaining a loan from the Industrial Bank of Korea, each credit guarantee agreement of this case (hereinafter collectively referred to as the "each credit guarantee agreement of this case") shall be amended as follows:
(1) On December 28, 2007, the term of guarantee was changed to December 26, 2008 (this later, December 23, 2012), and the term of guarantee was changed to December 23, 201.
(i) up to the credit guarantee agreement (hereinafter referred to as “first guarantee”).
(2) On June 23, 2008, the coverage amount of KRW 1 billion was changed to KRW 8,000,000 (e.g., KRW 815,130,000).
(B) On April 15, 2016, the term of guarantee was changed to July 28, 2013.
(ii) up to the credit guarantee agreement (hereinafter referred to as “second guarantee”).
(3) On November 27, 2008, the coverage amount of KRW 450 million and November 27, 2009 (after this, the coverage period was changed to November 25, 201).
(iii) up to the credit guarantee agreement (hereinafter referred to as “third guarantee”).
(4) A credit guarantee agreement up to December 31, 2012 (hereinafter “No. 4 guarantee agreement”) with the coverage period of KRW 3,1450,000,000 and the coverage period of September 6, 2010.
(5) A credit guarantee agreement with the coverage period of KRW 58 million on February 11, 2011 (hereinafter “Guarantee 5”) and by August 31, 2011 (hereinafter “Guarantee 5”).
2) In the event that the Plaintiff performs the guaranteed obligation, A agreed to pay the amount of performance of the guaranteed obligation, additional guarantee fee, and the expenses incurred in preserving, transferring, and exercising the right acquired by the Plaintiff from the date of performance of the guaranteed obligation to the date of repayment of the guaranteed obligation. A’s inside director B (name before the opening of the name: H) and the auditor C (name before the opening of the name: I) jointly and severally guaranteed all the obligations of A against the Plaintiff.
B. Credit guarantee accident and subrogation 1) A was granted a loan from the Industrial Bank of Korea as security by the Plaintiff, and on December 6, 201, even though the principal and interest of the loan was lost, it was not repaid as principal and interest. 2)