New Zealand department department (Law Firm Jeong-dong, Attorney Cho Yong-han, Counsel for the defendant-appellant)

Defendant (Attorney Lee Chang-soo, Counsel for defendant-appellee)

June 17, 2009

Incheon District Court Decision 2007Gahap4669 Decided December 18, 2008

1. The defendant's appeal is dismissed.

2. The costs of appeal shall be borne by the Defendant.

The defendant shall pay to the plaintiff 160,479,900 won with 20% interest per annum from the day following the delivery of a copy of the complaint of this case to the day of complete payment.

The purport of appeal: The part against the defendant in the judgment of the court of first instance shall be revoked. The plaintiff's claim corresponding to the cancellation shall be dismissed.

The court's explanation on the instant case is identical to the statement on the grounds of the judgment of the court of first instance, thereby citing it in accordance with the main sentence of Article 420 of the Civil Procedure Act.

Therefore, the judgment of the first instance court is justifiable, and the defendant's appeal is dismissed as it is without merit. It is so decided as per Disposition.

Judges Park Jong-chul (Presiding Judge)