Corporate Legal Affairs Lawyer | Corporate Lawyer, thank you so much.

The client who came to the Corporate Legal Affairs Lawyer

The client who came to the Corporate Legal Affairs Lawyer, while proceeding with an apartment housing development project, was subjected to a claim of around 700 million won in service fees by a cooperating company.

However, that project was operated by the 'management-type land trust' method, with a structure where service fees could be paid only when a balance was generated after the execution of the senior-priority funds was finished.

Accordingly, in order to defend against the unjust service fees the plaintiff claimed even though the conditions for the payment of the service fees had not been met, they came to the Corporate Legal Affairs Lawyer.

As a result of the Corporate Legal Affairs Lawyer's assistance, the around 700 million won claim was rejected in full

The Corporate Legal Affairs Lawyer interpreted the funds execution order clause as a condition precedent and argued that a service fee claim before the fulfillment of the condition was unjust.

In addition, they pointed out that, although the burden of proving the fulfillment of the condition lay with the plaintiff, the plaintiff had failed to present evidence that the fund settlement had been completed.

As a result, the court rendered a judgment rejecting the around 700 million won service fee claim in full.

Accordingly, the client conveyed thanks to the Corporate Legal Affairs Lawyer, saying they had been able to defend a large sum of money and protect the company's funds.

If there is a corporate client placed in a similar situation who needs legal assistance, please request a consultation at any time.

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