Robot Land Private Operator Wins Lawsuit Against Gyeongnam Province, Changwon City, and Foundation... Payment of 110 Billion Won
[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] The Gyeongnam Province and Changwon City administrations have lost a lawsuit against a private business operator during the creation process of the Masan Robot Theme Park and are now faced with the situation of having to pay 110 billion KRW.
On the 7th, the Civil Division 5 of Changwon District Court (Presiding Judge Ha Sang-je) ruled in favor of the plaintiff in the lawsuit filed by Gyeongnam Masan Robot Land against Gyeongnam Province, Changwon City, and the Robot Land Foundation, claiming payment upon termination.
As a result, Gyeongnam Province and others must pay 110 billion KRW to the private business operator, Gyeongnam Masan Robot Land.
The private business operator notified the termination of the implementation agreement in October 2019 and filed a lawsuit against Gyeongnam Province and Changwon City in February last year.
This was based on the claim that Gyeongnam Masan Robot Land, the legal debtor of the private investment loan of 95 billion KRW, failed to secure the loan principal and defaulted on the first repayment of 5 billion KRW because it did not receive some pension land owned by Changwon City.
They also argued that since they expressed their intention to terminate, the costs invested in building the theme park should be compensated, and if not compensated, the administration would be unjustly enriched.
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On the other hand, the administration claimed that it made efforts to supply the pension land and that it was the private business operator who refused to conclude the pension land sales contract. They plan to appeal this ruling.
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