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1. The Defendants jointly pay to the Plaintiff KRW 658,413,730 and the interest rate thereon from June 12, 2018 to the date of full payment.
Reasons
1. The description of the grounds for the claim shall be as specified in the attached Form;
2. Article 208(3)2 of the Civil Procedure Act of the applicable provisions of the Acts [a judgment by confession, and the Defendants submitted a written reply with a duplicate of the complaint in this case. However, the above written reply only states that “to submit documents containing specific answers to the Plaintiff’s claim in the form of preparatory documents,” and does not constitute a written reply as stipulated in Article 256 of the Civil Procedure Act because there is no specific statement in the content of disputing the Plaintiff’s claim. Furthermore, the Defendants did not submit a substantive written reply even after that time, and did not appear on the date for pleading. In such a case, the confession between the parties pursuant to Article 150(3) of the Civil Procedure Act is established (see Supreme Court Decision 89Meu4045, Jul. 25, 1989).