Gyeongnam Province, Defeated in Appeal, Must Pay 166 Billion Won to Robot Land

Including Operating Expenses and Interest as of the Judgment Date

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] In the lawsuit surrounding Robot Land, the court ruled in favor of the private business operator Gyeongnam Masan Robot Land, resulting in Gyeongnam Province having to pay over 100 billion won to the private business operator.

According to Gyeongnam Province on the 12th, the court upheld the claim for payment upon termination by the private business operator, as in the first trial ruling.

As of this date, the payment upon termination, operating expenses, interest, and others amount to approximately 166 billion won, which is 22 billion won more than the 144 billion won at the first trial in 2021.

Gyeongnam Masan Robot Land. [Image source=Changwon City Hall]

Previously, the private business operator stated, "We need to repay 5 billion won of the first repayment from the loan principal of 95 billion won by selling the pension site, but the foundation did not transfer the site, causing a default situation," and notified the administration of the termination of the implementation agreement, filing a lawsuit for payment upon termination in February 2020.

They claimed that they could not repay the first repayment because one of the 14 pension site parcels was not transferred, and after terminating the agreement, they must recover over 100 billion won including development costs and interest.

At that time, the province and Changwon City proceeded with the transfer procedure for one parcel and proposed providing alternative land, but it is known that Robot Land terminated the agreement.

The province argued for 1 year and 3 months that the failure to fulfill the supply obligation and the implementation agreement and loan contract are separate contracts, and the method of calculating payment upon termination, but lost again in the second trial.

Having consecutively lost lawsuits arising from the 'non-provision of one pension site parcel,' Gyeongnam Province plans to analyze the appellate court ruling and consider whether to file a further appeal.

This content was produced with the assistance of AI translation services.