1. The defendant's appeal is dismissed.

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

3.Paragraph 1 of the text of the judgment of the court of first instance.

1. Facts of recognition;

A. The Plaintiff is a company that delegated the right to occupy and use, and to manage and operate, the shopping mall of an underground shopping mall located in Seoul Special Metropolitan City C (D) (hereinafter “instant shopping mall”).

On February 25, 2014, the Plaintiff filed an application for commencing rehabilitation procedures with the Seoul Central District Court 2014hap32, and received a decision on March 24, 2014.

In the above procedure, as of March 31, 2014, investigation reports were prepared at approximately KRW 3.6 billion in case of the plaintiff's assets, and KRW 63.4 billion in case of the debt.

On February 2, 2015, the rehabilitation court rendered a decision to abolish the rehabilitation plan before authorization pursuant to Articles 286(1)1 and 231 of the Debtor Rehabilitation and Bankruptcy Act on the grounds that the execution of the rehabilitation plan is impossible and it constitutes grounds for exclusion of the rehabilitation plan.

B. (1) On March 7, 2011, the Defendant entered into a lease agreement with the Plaintiff with regard to KRW 518,930,00 with respect to the title of 137 among the instant commercial buildings (However, the amount of KRW 407,930,00 among them shall be paid as a deposit and the remainder of KRW 111,00,000 shall be converted into monthly rent), monthly rent of KRW 64,00/m2 (in 2011, the area for exclusive use, additional tax), lease term of KRW 64,00,00, and one year from the date of completion, respectively (hereinafter “the instant lease agreement”). On October 6, 2011, the Defendant: (a) concluded a lease agreement with respect to the instant commercial building on the basis of delivery of the said KRW 137 to the present day.

(2) Article 3(2) of the Regulations on the Management and Operation of Commercial Building of this case provides that “When a lessee intends to continue to conduct a business, he/she shall make a written request to the managing and operating company (Plaintiff) for the renewal of the lease at least one month prior to the expiration of the contract: Provided, That if the request for renewal is not made, the lease shall be renewed for one year

(3) The instant lease agreement has been implicitly renewed, and the Defendant and other lessees’ legal representatives are the attorneys.