1. The Defendants jointly do not pay to the Plaintiff KRW 50,000,000 and the interest rate thereon from August 23, 2019 to the date of full payment.

Facts of recognition

The Defendants issued to the Plaintiff a promissory note (hereinafter “instant promissory note”) with a face value of KRW 50 million, the payee, the Defendants, the issuer, the place of issuance, and the place of payment, May 2, 2013, and the date of payment, August 30, 2013, and a notary public prepared and delivered to the Plaintiff a notarized bill as set forth in No. 75, 2013, as of May 2, 2013.

[Grounds for recognition] Fact-finding, Gap evidence No. 1, and the purport of the entire pleadings, based on the above recognition facts, the defendants are jointly obligated to pay to the plaintiff the amount of 50 million won of the Promissory Notes No. 1 and damages for delay calculated at the rate of 12% per annum under the Act on Special Cases Concerning the Promotion, etc. of Legal Proceedings from August 23, 2019 to the date of full payment, as requested by the plaintiff.

Therefore, the plaintiff's claim of this case against the defendants is justified, and it is so decided as per Disposition with the assent of all participating Justices.