[Counterstatement] Regarding the Article "'Chaotic Moatown'... Jungnang-gu Association Files 700 Million Won Lawsuit Against Joint Developer"
This outlet previously reported on March 21 under the headline "'Chaotic Moatown'... Jungnang-gu Association Files 700 Million Won Lawsuit Against Joint Developer," covering details of a lawsuit filed by the Myeonmok Station 3-1 District Association against Handa General Construction Co., Ltd., the joint developer, and its former CEO for the return of unjust enrichment.
In response, Handa General Construction Co., Ltd. stated, "This lawsuit was filed by the association president personally, without a resolution from the general meeting or board of directors. Our company is a legitimate joint project developer, having completed registration prior to the enforcement of the relevant urban redevelopment laws. Furthermore, the resignation letters from association executives were submitted voluntarily for the purpose of establishing the unified association, and were neither solicited nor coerced."
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This correction has been issued in accordance with the mediation of the Press Arbitration Commission.
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