1. All appeals filed by the plaintiffs are dismissed.

2. The part regarding Defendant L, P, and Q in the judgment of the first instance is revoked, and that part is revoked.

1. The facts following the facts do not conflict between the parties, or can be acknowledged by comprehensively taking into account the whole purport of the pleadings in the entries in Gap evidence 1-1 to 6, evidence 1-1, evidence 3-1, evidence 4-1 to 4, evidence 5-1 to 6, evidence 6-1 to 4, and evidence 7-1 to 3.

Plaintiff

A on February 29, 2008, the Codefendant Codefendant, Ltd., Ltd. (hereinafter “D”) purchased 331/19,835 square meters of W forest 19,835 square meters (hereinafter “the land of this case”) owned by Defendant E Co., Ltd. (hereinafter “E”) from the Codefendant Codefendant, Ltd., Ltd. (hereinafter “E”) at KRW 29,000,000 (hereinafter “the first sale contract of this case”). On April 14, 2008, A completed the registration of ownership transfer with respect to the above shares.

B. On October 8, 2007, Plaintiff A purchased 330/66,116 shares of X 66,116§³ (hereinafter “instant land”) from D on October 22, 2007 at KRW 40,00,000 (hereinafter “the instant secondary sales contract”) and paid all the sales proceeds to D, and completed the registration of ownership transfer on December 22, 2008.

C. On February 3, 2009, Plaintiff B purchased 660/66,116 shares of the land of this case from Defendant H Co., Ltd. (hereinafter “H”) at KRW 74,00,000 (hereinafter “the third sale contract of this case”), and completed the registration of ownership transfer on April 14, 2009.

Plaintiff

C On February 13, 2009, Defendant H purchased 265/66,116 shares in the land of this case from Defendant H as KRW 29,60,000 (hereinafter “the sales contract of this case”) and completed the registration of ownership transfer on February 23, 2009.

E. Defendant J is the former director of Defendant E, the current auditor, the director of Defendant F Co., Ltd. (hereinafter “F”), the representative director of the first instance co-defendant G Co., Ltd. (hereinafter “G”), and Defendant H’s director, and Defendant J.