1. The plaintiff's claim is dismissed.

2. The costs of lawsuit shall be borne by the Plaintiff.

Basic Facts

Pursuant to the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents (hereinafter referred to as the “Urban Improvement Act”), the Plaintiff was established to implement a housing reconstruction project for A apartment units (hereinafter referred to as the “instant project”). On June 12, 2003, the Plaintiff obtained authorization from the head of Songpa-gu pursuant to Article 28 of the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents. A project implementation authorization was obtained on December 26, 2013, and a management and disposal plan was approved pursuant to Articles 48 and 49(2) of the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents, and the head of Songpa-gu announced the management and disposal plan on January 27, 2015 in accordance with Article 49(3) of the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents.

On July 24, 2012, the Plaintiff entered into an agreement with a national bank, Korea Exchange Bank, Nonghyup Bank, Nonghyup Bank, Korea Bank, Korea Bank, and Korea-Japan Bank on the loan financial business (A-1) of this case related to the instant business, and agreed that the said bank will implement the said loan to the Plaintiff on the basis that the total amount of the loan was KRW 2 trillion KRW 100 billion (each bank’s loan ratio is determined by the Plaintiff’s side).

In addition, the Plaintiff entered into a business agreement (A9-1) with the Korean National Bank Co., Ltd. and Samsung C&T Co., Ltd. to grant a loan to the Plaintiff within the limit of KRW 80 billion in order to raise business funds necessary for the instant project.

On October 4, 2001, the defendant is "Seoul Songpa-gu Seoul Metropolitan Government and 1 parcel D, which belongs to the project site, No. 3 of the basement level within Da-dong, Da-dong."

The purchase of the building and the completion of the registration of ownership transfer on October 6, 2001 is the Plaintiff’s member. According to the Plaintiff’s articles of incorporation, the member shall withdraw from the relevant building within the relocation period determined and notified by the Plaintiff (Article 32(4) and the member’s or tenant shall be the same.