1. The Defendant shall pay to the Plaintiff KRW 25,00,000 and the interest rate of KRW 15% per annum from January 19, 2018 to the date of full payment.

Description of Claim

The Plaintiff loaned KRW 25,00,000 to the Defendant, KRW 50,00,00 on November 1, 2013, KRW 50,000 on November 28, 2013, KRW 25,000,00 on April 1, 2014, KRW 25,000 on April 25, 2014, KRW 20,000 on April 22, 2014, KRW 20,000 on October 22, 2014, KRW 5,00,000 on January 14, 2015, and KRW 50,000 on January 29, 2015, KRW 225,000,00 on aggregate.

On November 19, 2015, the Plaintiff sent content-certified mail to the Defendant and notified the Defendant of the repayment of the loan. On December 21, 2017, the Plaintiff sent content-certified mail to the Defendant and notified the Defendant of the repayment of the loan.

Therefore, the Defendant is obliged to pay to the Plaintiff damages for delay calculated at the rate of 15% per annum from January 19, 2018 to the day of complete payment, which is evident that the delivery date of a copy of the complaint of this case is next to the day after the delivery date of the copy of the complaint of this case.

Applicable Law of the Civil Procedure Act Articles 208(3)1 and 257 of the Civil Procedure Act