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Successfully obtained dismissal of all claims in a class action lawsuit in connection with the sale of the Dongdae-mun shopping mall

다음
Type
最近の業務事例
Published on
2014.10.27

Hundreds of unit/allotment holders filed a class action lawsuit against a real estate sales company alleging that, unlike the sales advertisement, the shopping mall was not connected to subways. Plaintiffs demanded cancellation of the sales contract and refund of the purchase payment. This was a mega-case with the claim amount approximating 40 billion Korean Won. Lee & Ko represented the construction company and successfully defended the client by obtaining dismissal of all claims. Recently, there has been an increase in large real estate sales cases due to the instability of the real estate market; in particular, cases related to false advertisements. Based on our extensive experience in large real estate sales litigation, Lee & Ko successfully secured dismissal of all claims against the client by persuasively convincing the court on the scope and limitation of the responsibility of a real estate company regarding sales advertisements. Lee & Ko’s success has caught the market’s attention.

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