1. The Defendant’s KRW 24,00,000 as well as 6% per annum from August 25, 2014 to September 15, 2014 to the Plaintiff.

The Defendant issued, on October 20, 200, a promissory note with face value of KRW 24,000,000 for the Plaintiff at sight, payment at sight, and the place of payment. On August 18, 2014, the Plaintiff presented to the Defendant for the payment of the said promissory note at the above payment place, but the refusal of the payment by the Defendant is not in dispute between the parties, or may be recognized by taking into account the respective entries in subparagraphs A and 3 and the overall purport of the pleadings.

According to the above facts of recognition, the Defendant, as the issuer of the above Promissory Notes, is obligated to pay as the issuer of the said Promissory Notes, 6% per annum as stipulated in the Bills of Exchange and Promissory Notes Act from August 25, 2014 to September 15, 2014, the delivery date of a copy of the complaint in this case, and 20% per annum as stipulated in the Act on Special Cases Concerning the Promotion, etc. of Legal Proceedings from the next day to the date of full payment.

Therefore, the plaintiff's claim shall be accepted for the reasons and it is so decided as per Disposition.