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1. As to the Plaintiff (Counterclaim Defendant)’s KRW 142,860,052 and KRW 7,716,444 among them, the Defendant (Counterclaim Defendant) from April 1, 2018.
Reasons
1. We also examine the principal lawsuit and counterclaim.
A. The Plaintiff (Counterclaim Defendant; hereinafter “Plaintiff”) is a company that carries on the business of producing video works, advertising, and film planning, and the Defendant (Counterclaim Plaintiff; hereinafter “Defendant”) is a company that carries on business such as media access, sales, etc.
B. On May 31, 2016, the Plaintiff entered into an investment contract with the Defendant on film “C” to be imported by the Defendant. On the same day, the Plaintiff paid KRW 20 million to the Defendant. The main contents of the said contract are as follows.
(hereinafter “C Investment Contract”). Article 4 (Terms and Conditions of the Contract)
1. Eul (Plaintiff) will invest 20,000 won out of the total costs required for opening this case’s film.
Investment shares in B [investment shares (20,000 won/total costs)] 40% of the revenue ratio in B x 70%
2.B shall have a stake in the film of this case as follows:
(1) A (Defendant) has 30% of its equity interest as an importer.
(2) A shall offer the revenue company’s shares to B and shall pay the revenue company’s shares of 40% after the shortage.
(3) A is to guarantee the principal of the investment funds of B.
(4) A shall pay to B one-lane investment principal and investment shares after the settlement of a distribution company's extreme installments and shall be paid first priority except for the advance payment, distribution fees, local distribution fees, and distribution progress expenses.
Article 8 (Settlement and Audit)
1.A and B agree on the distribution of earnings after the sale of the present film as follows:
(1) The amount obtained by deducting the operating cost of 0,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,0000,000,000,000,000,000,0000,000,000,000
C. The Plaintiff on January 2016.