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1. The defendant shall pay to the plaintiff KRW 75,00,000 as well as 5% per annum from March 26, 2005 to December 23, 2009.
Reasons
1. On January 5, 2015, the Plaintiff indicated the claim that the Defendant lent KRW 75 million to the Defendant on March 25, 2005, with the due date set at the time limit for payment on March 25, 2005. On December 13, 2009, the Seoul Western District Court rendered a ruling that “the Defendant shall pay the Plaintiff KRW 75 million with the interest of KRW 75 million and the interest of KRW 20% per annum from March 26, 2005 to December 23, 2009,” and that “the Defendant shall pay the Plaintiff 5% per annum from March 26, 2005 to December 23, 2009 and the interest of KRW 20% per annum from the next day to the day of full payment,” and thereafter, the judgment became final and conclusive at that time, to interrupt the extinctive prescription.
2. Applicable provisions of Acts: Article 208 (3) 3 of the Civil Procedure Act (Judgment by public notice);