1. All appeals filed by the plaintiffs are dismissed.

2. The costs of appeal are assessed against the Plaintiffs.

The purport of the claim and appeal is the purport of the appeal.

1. Basic facts

A. Status of the party 1) Defendant C reconstruction Association (hereinafter “Defendant Association”)

) The Seongbuk-gu Seoul and approximately 15,000 square meters (hereinafter “instant project site”) for one parcel located in Seongbuk-gu Seoul and 354.

(2) The reconstruction project of this case (hereinafter “the reconstruction project of this case”)

2) The Plaintiff Company A (hereinafter “Plaintiff A”) concluded a contract for implementing the instant reconstruction project with the Defendant Union around June 1991 and jointly promoted the reconstruction project until around the mid-197, and the Plaintiff B was the representative director of the Plaintiff A.

B. On June 10, 191, the Plaintiffs and the members of the KRD association of the Plaintiffs and the Defendant Association agreed to grant the Plaintiff the right to dispose of the remaining apartment and commercial buildings other than the portion of the association members to the Plaintiff, instead of purchasing apartment houses at the rate of 1:1.1 of the land size invested by the said association members and the apartment area reconstructed in the instant project site, and not bearing the expenses, construction costs, etc. of the reconstruction project of this case. 2) On August 13, 1992 after the establishment of the Defendant Association, L, a joint business manager of the Plaintiff A and the Defendant Association, concluded an agreement with the Defendant Association on August 13, 1992.

C. The land sales contract 1) between the Defendant Union and the Plaintiff Union and the Plaintiff Union’s members of the Plaintiff Union with weak financial resources, making it difficult for the Defendant Union to raise the cost of reconstruction project. Accordingly, around the beginning of early 1991, Plaintiff B had the tenants and the non-households of neighboring areas residing in the instant project site form E, F, G, and H regional housing association and purchase part of the land within the instant project site. The said regional housing association constituted the “I Regional Federation” on June 1, 1992. 2) The Defendant Union organized the “I Regional Federation” on October 2, 1992.