Paju City Wins First Trial in ‘Paju Unjeong District 1 and 2 Project Cost Reconciliation Lawsuit’

Court Dismisses LH’s Claim for Settlement Money of 255.9 Billion Won,

[Paju=Newsis] Paju City Hall. (Photo=Newsis DB), ‘[Paju=Newsis] Reporter Song Joo-hyun = On the 28th, Paju City, Gyeonggi Province, announced that it had won the first trial in the settlement money lawsuit related to the Woonjung 1 and 2 districts land development project jointly conducted with the Korea Land and Housing Corporation (LH).’,

, ‘LH had filed a lawsuit against Paju City for settlement money, but the court recently dismissed LH’s claim.’,

, ‘The second civil division of the Uijeongbu District Court Goyang Branch, in a verdict on the 23rd, cited the lack of proper documentation for the settlement amount assessed by LH as the reason for dismissal.’,

, ‘The decision emphasized that it was difficult to trust the fairness of LH’s settlement amount due to large discrepancies, as the amount had decreased over time from the completion of the land in 2015 to the time the lawsuit was filed in 2024.’,

, ‘This lawsuit began when LH claimed about 255.9 billion won as settlement money from Paju City in July 2024, with both sides engaging in intense legal battles over approximately one and a half years.’,

, ‘Throughout the litigation process, the city prioritized minimizing financial burdens, thoroughly analyzing and reviewing the appropriateness of the cost assessment methods used by LH, and actively responding based on meticulous legal analyses and objective evidence.’,

, ‘As a result, Paju City succeeded in completely defending against LH’s claim for settlement money at the first trial, which could have led to a significant financial burden.’,

, ‘There remains a possibility that LH may appeal, so the final outcome is not yet confirmed.’,

, ‘The city plans to be thoroughly prepared for future proceedings, such as the appeal, focusing on financial soundness and the interests of its citizens, with all necessary legal and administrative measures.’,

, ‘Paju City Mayor Kim Kyung-il stated, “To secure sound finances for Paju City, we will respond thoroughly to ensure not a single penny of citizens’ taxes is wasted, even if LH appeals.”‘,

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