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1. The defendant shall pay to the plaintiff KRW 703,856,148 as well as KRW 250,00,000 among them, from August 12, 2015 to the day of full payment.
Reasons
1. Indication of claim;
A. On February 27, 2004, a new and outstanding community credit cooperative loaned KRW 250,000,000 to the Defendant. On October 20, 2006, a credit cooperative federation transferred the above principal and interest of loan to the Federation of community credit cooperatives. On April 18, 2014, the Federation of community credit cooperatives transferred the above principal and interest of loan to the Plaintiff. The new and outstanding community credit cooperatives and the Federation of community credit cooperatives notified the Defendant of each of the above assignment of loan around November 19, 2014.
B. As of October 29, 2014, the principal and interest of the above loan amounting to KRW 703,856,148 (=principal interest of KRW 250,000,000). As such, the Defendant is obligated to pay to the Plaintiff delay damages at a rate of 20% per annum under the Act on Special Cases concerning the Promotion, etc. of Legal Proceedings from August 12, 2015 to the date of complete payment, as the Plaintiff seeks, with respect to KRW 703,856,148 and its 250,000,000 among them.
2. Judgment by public notice based on recognition (Article 208 (3) 3 of the Civil Procedure Act);