1. As to the Plaintiff A’s KRW 175,00,000, and KRW 55,000,000 to Plaintiff B, the Defendant began on March 31, 2018.

On May 14, 2013, the Defendant concluded a contract with the Plaintiffs to create a housing complex for electric power resources on the land, etc., and received construction cost of KRW 85 million from the Plaintiff, and KRW 55 million from the Plaintiff, respectively, but the said contract was terminated on May 10, 2014 without any dispute between the parties concerned, and the Defendant agreed to refund the purchase price of pine trees and the rent for land for keeping the land from the Plaintiff from April 12, 2013 to December 12, 2013. However, the fact that pine trees were sold to another person and failed to perform the said contract may be acknowledged as the purport of the entire pleadings as stated in subparagraphs 1 through 18, 2014.

Therefore, the Defendant is obligated to pay to Plaintiff A KRW 175 million (i.e., the above KRW 85 million) and to Plaintiff B the above KRW 55 million and damages for delay calculated at the rate of 15% per annum under the Act on Special Cases Concerning the Promotion, etc. of Legal Proceedings from March 31, 2018 to the date of full payment, with respect to each of the above money.

If so, all of the plaintiffs' claims are justified.