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Subtitles brought to you by the Raising the Bar Team @ Viki
Episode 13
[All Search & Seizure warrants for 7 banks regarding "Exchange Rate Product" were denied one after another]
Why are you calling me?
Can I see you? I heard you were busy but I want to meet with you.
Your firm took the case of the exchange rate option.
Why are you calling me at this point?
The search and seizure warrant was denied. I personally submitted it because I was afraid the information would leak.
It got denied in less than 2 hours.
Unless Cha Yeong Woo firm had a hand in this, there is no explanation.
There are only two judges who can be asked for warrants in the Central District Courthouse.
If they take preventive measures with just those two, then whether you go personally or now, it's bound to get denied.
Are you that bored? Did you call me to rub it in?
All right, Cha Yeong Woo firm is great, okay?
I left the Cha Young Woo firm.
What? --I said I left the Cha Young Woo firm.
Since the warrant was denied, I think you'll need my help at least.
There's something I'd like to check, too. When can I see you?
Right now.
You came?
This is really odd. Why would Kim Seok Joo quit Cha Yeong Woo firm?
It just turned out that way.
I thought the last case was strange, too.
- Is it that strange? -Of course.
With all the cases you handled so far, do you know how many time you've blocked the Prosecutor's way?
Anyway, I heard that you've now even quit the firm,
what is your interest in this case? Did you take this case?
Some of my father's acquaintances have been affected.
Some are even going bankrupt despite the business being in the black.
Because of that Exchange Rate Product,
they're all desperate trying to come up with those dollars every month.
Since when did you listen to your father?
I plan to listen to him even if it's from now on.
What is that you want to know and what do you want to help me with?
I sent some information that can prove that the bank had lied about the cost to Attorney Seo In Ho.
- Did he include it? - Yes, he did.
So that came from you, then.
Although I trust Attorney Seo In Ho, basically it's a case where such a huge amount is on the line,
I asked since there is a possibility that the banks could have approached him.
If it's at the level of former Central Investigation head Prosecutor Seo In Ho , the contingency fee must be humongous, too.
He wouldn't have been won over by just any amount.
Even when you added information to that extent,
it wouldn't have been easy to disapprove of a search and seizure warrant.
Cha Yeong Woo firm's ability was this much?
If you get worked up about a search and seizure warrant being dismissed, you can't win this fight.
You have to be prepared for more than this. The amount of money on the line is just too much.
What about the warrant? Are you going to request it again?
The Prosecutor General scolded us for requesting it without reporting to him and getting humiliated for it.
Can you get them indicted at least?
The Chief is willing to go on. I don't think the Prosecutor General will blatantly stop us any more, either.
We'll have to proceed without a search and seizure.
I brought what I could find. This is about a Bankers Trust case that happened in the US.
They were fined $10 million just for the civil penalty alone in 1994.
It's very similar to this case.
It seems so.
I'll send more as I find more information.
You're not even taking the civil case. Why are you doing this?
If they win the criminal case, the civil case will be easier for them.
This isn't that much of a help, anyway.
If you need more, contact me. You know I'm good at finding information. I have nothing to do anyway.
We're trying to indict them, but I'm afraid we don't have enough evidence.
Have you tried getting a written opinion?
Fair Trade Commission sanctions and a hearing of the Financial Supervisory Service (FSS) are pending.
I hope it doesn't take long.
Don't get your hopes up. They probably have already formed a committee
with someone from Cha Yeong Woo firm as the external member.
All the public figures and professors will also be people they can influence.
But it won't be unanimous. It's not just anywhere but the Financial Supervisory Service.
They can't ignore a case like that, right?
Of course it won't be unanimous. However, one or two working staff who oppose...
It doesn't cost them that much to win over one or two working staff.
Don't think that all the people in the world are that low.
I'm sorry, since you lived like that, you must be overly surrounded by such people,
but there are also quite a few people who take pride in their public posts and try to live righteously.
Take the prosecutors for example. While 20% of them who are ambitious get a lot of media coverage,
the other 80% of the prosecutors are keeping quiet and working hard, rotating in the regional courthouses.
Sorry for being so cynical. I guess I've stayed too long in a foul circle.
Even you are coming back to a conscientious camp,
thinking that people who always stayed in the conscientious camp will be easily bribed
is an insult to those people.
I wish you're right.
Financial Supervisory Service
Commence the committee meeting.
The businesses are just whining now.
They were quiet when it was benefitting them, and now they're making a ruckus because of their losses.
This can't be considered incomplete sales.
We'll know more once we find out how the banks persuaded the businesses at the time of the sale,
and whether they used loans as a bait.
Please postpone any sanctions until more things are settled with the first trial for this exchange rate option suit.
I'm not saying not to sanction at all, but just to put it off until then.
The sentence is the courthouse's job. We are an auditing organization with a different job.
What we do is to monitor whether the banks made incomplete sales or not.
Both criminal and civil suits are going on.
A sanction will have a bad influence on the judicial decision and cause a problem for the banks' international credit rating.
Furthermore, it may give a bad impression to the investors.
If those are their concerns, should they have sold these options from the beginning, isn't that right?
Article 64 of the bankers' supervisory enforcement regulations clearly states,
when selling over-the-counter derivative options,
it is required to properly inform the customer about
the risk of the transaction and potential losses.
A... assuming that is so, a bank could be bankrupted with this.
With 30%, that's 800 billion KRW.
If the charges of fraud is accepted, they have to pay back 100%.
What are you going to do about the impact on the society?
Over 300 small-midsized companies have already gone bankrupt.
They were all outstanding businesses with firm financial foundations.
The Financial Supervisory Service has to properly review and sanction such transactions
in order to maintain the market.
The section chief in charge is a brick wall.
He's determined to sanction derivative options as incomplete sales.
Have you looked into his personal situation?
He just moved because of his children's education. He also has a loan from a bank.
I've also heard that he wants to send his children to Jeju Island, but the tuition is too high.
That should be easy then.
Financial Supervisory Service
Chief Moon! - How have you been, Director?
I'm not your director any more, you know.
Can I see you for a moment?
You just got hired at the Cha Yeong Woo firm. I'll see you after this sanction committee is over.
Just a moment will be enough. I won't ask you to do something difficult.
Will 30 minutes be enough?
Of course. Here, let's get in the car.
Ah, yes.
Thank you for joining us.
30 minutes is plenty of time.
I think I know what you're going to say.
Hiring all the former high ranking public officers at the Cha Yeong Woo firm, that's fine.
However, showing off an expensive car with a chauffeur at the previous work place
and conveying a message to your successors that you too can become like this,
so cooperate with us, if such manipulation is what you're doing here, that saddens me personally.
Don't you know that I respected you when I was working under you?
Hundreds of businesses are suffering.
Just the fact that I'm here
is shameful.
Then, I'll be leaving.
Just take a look.
It's an account at a bank in the Philippines. Since they don't require real names, there's no problem with it.
Since it's not that far away, why don't you take a trip there
and use it wherever you want. It's clean money with no strings attached.
I'm not the only one with objections.
Do you persuade every person with objections like this?
There are big tides in the water.
Don't you need to be aware of where the wind is going?
Your opposition alone won't stand, so why stay righteous by yourself when there's nothing for you?
Reaping some benefit isn't that terrible, you know?
FSS: The exchange rate option is not an incomplete sale.
Just where doesn't the Cha Yeong Woo firm have its reach?
The presidential cabinet, the Ministry of Justice, the courthouse, the Prosecutor's Office, the NSF, the FSS, the FTC,
and even high-raking officers from the Correction bureau are recruited, you know?
In order to cater to the chairmen in prison.
That's why I told you to be prepared instead of relying on rare people.
Sure, thanks for the advice.
What is this?
An official letter sent to the prosecutor dispatched to the US Embassy.
Why do you need a statement from people like that?
This is the report from the FTC.
Aigoo, really.
For the Financial Dept. to not do anything peculiar.
To be watchdogs for the citizens' taxes.
Those people are paid an extensive salary to execute such tasks.
Why would you need those agencies, if we had to wait for a court's orders for us to proceed?
I will ask the prosecutor in the US embassy
to make a request for information about derivative products from the US Financial Industry Regulatory Authority.
I will formally ask for an official written opinion. It would be good in the form of minutes of their meetings.
Financial Supervisory Service went to Fair Trade Commission
Those Korean prosecutors didn't do their job properly, so they were demoted and got stationed all over the world.
Our country is such that even when a situation arises the financial authorities feign ignorance.
So, "please give us your opinions." must you beg like that now?
If you obtain this, do you think you can proceed, then?
Interrogating all night, I will get more testimony somehow. I'll also do a cross-examination.
Oh my, this is really embarrassing... When do you need this by?
These are responses in preparation for the prosecutor's questions.
Keep these in mind when you answer.
How were you able to sell the (currency) exchange options?
I told them that there are no processing fees and the exchange rate will not go up.
Even if they declined, I'd get pushy with them.
What do you mean by, "no processing fees" ?
When you apply for insurance and pay the premium, don't you receive a guarantee?
For making profits when exchange rate goes down
the companies did not pay an additional fee to the bank.
For signing up for the exchange rate options at no additional cost meant you received a guarantee.
Instead, when exchange rates go up, 100 million, 200 million, 500 million
which company would be able to sustain a loss of one billion each month?
It looks here as though you went to visit Taesung Electronics ten times.
I don't remember the exact times.
It looks like you've visited that restaurant about 8 times for business related matters. Are you sure that you don't remember?!
I've only made the visitation to offer new products and to discuss about other financial matters only..
-But I didn't force them to buy anything. -Were you aware of the anything else about the options' value?
No, I was not aware.
Why did you have to go ten times to sell such a product?
How much profit did you make from the sales? Or did you receive a promotion?
I did receive extra compensation but because it doesn't reflect the exchange rate products only,
I can't give you the exact figure of the amount received.
Large sized companies would not do business with you, so you seek out the mid sized companies and
you were introduced as an "Currency exchange rate specialist" sent by the corporate office, right?
They are more familiar with the currency exchange options.
You took them on an overnight golf trip, right?
Just how much do you make to be able to take your client on an extravagant overnight trip to do your sale's pitch?!
I don't really know exactly how much would be left over.
Because it all goes into a pot.
I see, then I'll keep on asking until you can remember.
How much did you get paid?
What is this? --I researched about diabetes.
This is some doctor's method.
Without making distinctions about food because of diabetes,
he said when the blood sugar goes up so much after eating and when you see it's sharp, you calculate the blood glucose level.
It might be bothersome and painful but you have to do it.
I'll show you how it is used.
Give me your hand. It will be a bit painful.
I'm kind of dizzy.
Dad, stop being a crybaby and give me your hand.
I'll do it. Just leave it and go.
You have to do it; I'm going to stop by tomorrow. --Then, call before because I'll be going to the office.
Because the united victim's task force can't get an office immediately,
the office is vacant anyway, so I told them to use the office. I gave them the key and I have to get rid of some things too.
What time are you going? I'll help you move your belongings.
At 10.
Father, aren't you more comfortable because I don't have a job so I can be your driver?
You're getting on my nerves. --I'll see you tomorrow. Have a good night.
Wait a minute? Did I take the medication?
Hello, Attorney.
Oh, you got off work late. You have lot of work to do?
Yes, a little bit. Were you waiting for me?
Yeah. About the watch...
Are you sure this is mine?
Yes, of course.
I haven't seen it before.
You dropped in your office.
I may have lost my memory but I would have opened the drawers.
Why would I have missed this expensive watch?
I think it came out during the seizure and search.
Anyway, it is your watch.
Oh, you can ask attorney Park Seung Tae. Then, I'll be going in.
Are you all right?
Attorney. Attorney.
Hey, look here!
911 Ambulance
Rescue Unit
What is it? --It's diabetic shock.
We opened his air way and gave him glucose saline solution intravenously.
Where is it?
Attorney Kim Shin Il
Yoo Jeong Seon
Yes, President.
Seok Joo. --Yes, it's me. Go ahead and talk.
I'm at the hospital. Your father was almost in big trouble.
Did Jeong Seon say anything?
She didn't say anything.
I'm sorry for being late.
Since you might be mentally fatigued, do you have any thoughts of going to the Philippines?
Your father must have worried a lot after hearing the news.
I'll think about it. Since I was in prison and got out,
I like it here. With fresh air and all.
It was only a few weeks for me, but if this doesn't get resolved, then someone will have to go to prison for a while.
I'm worried about that time.
Are you still going to meet with Kim Seok Joo?
You're not going let them marry, right?
You're not leaving for Kim Seok Joo, right?
You don't like him.
Marrying someone that the family doesn't approve of; isn't mom alone enough?!
Isolated Room 2
The blood sugar level was too low and he went into shock.
We did pass the critical stage but he's still unstable and he hasn't fully regained his consciousness.
We have to observe him overnight in the Intensive Care Unit.
Is low blood sugar that scary?
He may have skipped a meal, making his blood sugar level unstable.
I see. Please take care of him.
I'm going to go the sauna across the street.
I was at the Prosecutor Office being investigated until this morning and my hemorrhoid acted up.
Hello.
Yes, Prosecutor.
I'm here for information,
you'll have to voluntarily submit information about the exchange rate option.
Uhm, did you bring a warrant for this?
If I had a warrant, I wouldn't ask you to hand it over voluntarily.
If you give it to me when I ask nicely, I think both of will have easier time.
Your phone conversations with the client should have been recorded,
and you must have explained about that option to the workers here.
I think such information should be plenty here.
I will speak with my lawyer.
If you'd just hand it over now, I think we both won't have to waste our energy.
Because I don't have the information, I have to keep asking you the same questions,
and even 3 days of interrogation isn't getting me what I need.
Who is on the list for summons tomorrow?
I'll find some for you. Give me just a moment.
If you say, "Please give me the documents when I ask you nicely
or I'll have to interrogate you again." Don't you think he'll give them to you just so that he won't be bothered?
If it doesn't work, there's nothing you can do.
This is about the best I could do.
Thank you. Maybe I'll get to see you less.
Thank you.
We submitted this information.
Yes...
[Transaction Details of Derivative Options] [Report on the Trends of Option Prices]
Even these reports have been submitted as well?
Yes.
We blocked the search and seizure warrant for them, and they just gave it up voluntarily.
From where?
The main branch of Mirae Bank.
We block the warrant, and they hand it over on their own?
The prosecutor in charge interrogated them for days and nights,
then barged in asking for information, so they seem to have given in to the pressure.
This isn't an easy game.
Even if the bank has to pay back 30% of the losses, the amount will be huge, and they did what?
I'll work out a rebuttal after thoroughly reviewing what kind of information has been handed over.
It's all our fault.
When he said he was ill, I didn't think much of it.
Who knew how serious his condition was?
I told you we shouldn't because he was really sick.
Still, you found him early and moved him.
If you had not, he would have been in big trouble. Thank you.
Have you formed a Committee for a Unified Response?
Yes, we have. He is the chair.
Since someone has to do it.
This is the key to the office.
I'm going to see my father being discharged, so you go ahead and use it.
When your father wakes up, we'll talk again then.
It's not something that's urgent right now.
Also, if the media tries to contact you and you don't respond to them because of your livelihood,
the reporters will have a hard time, and eventually lose interest.
You have to keep talking with them. Got it?
I understand.
Yes?
Yes, I know about it.
I'll be coming in a bit for the loan.
Is today the day you have to send the US dollars?
We're going to go bankrupt, paying this every month.
I should go to borrow money.
I'll come again tomorrow.
Thank you.
Just a moment.
What is this? Suspension of Effect for what?
Since we filed a civil lawsuit about this contract,
this asks for the effect of the contract to be suspended until there is a verdict.
It's only good if you win the case, if you lose,
it only suspends it for the time being.
But still, you can freeze the payments until the trial is over.
So if this is accepted, it'll make life a bit easier for you until the day the trial is over.
I'll work on the application.
Write down the name of the business, address, and the name of the CEO.
Dad, it's me.
Hey, I was worried after I heard the news.
I couldn't call you or get in touch with the other family members.
I came out right away. Don't worry.
How is your health?
I'm healthy. Are you alright, Dad?
After I read the reports, I was worried that I shouldn't have let you get into that family,
but I'm relieved now.
Are you planning to marry as before?
It's been pushed back and I don't really know right now.
Dad, when are you coming here?
If it's not for the wedding, I don't have a reason to come for now.
How is the groom?
A man's true color comes out during a crisis.
Are you curious about him?
What else would I want to know?
I just wonder if he's someone that would take good care of my daughter.
If we set another wedding date, I'll introduce him to you.
As for me, I can just meet him on the wedding day.
Hey, I have to go. Let's talk again.
I love you, my daughter!
I miss you, Dad.
Kim Seok Joo
Yoo Jeong Seon
Ah, Patient Kim Shin Il's regained consciousness.
Oh, thank you!
Father.
Who are you?
Pardon?
Do you know me?
It's me, Seok Joo.
My son's a college student so he wouldn't be this old.
It's not like I've gone senile.
Father...
I'm Seok Joo. Kim Seok Joo.
While a diabetic shock is dangerous, I've never heard that it causes memory loss.
Could he have had a concussion or some brain damage when he fell on the street?
Don't you have to take a CT?
Patient Kim Shin Il's condition is complicated.
Have you not heard of the diagnosis?
It's Alzheimer's.
When an Alzheimer's patient has diabetic shock,
his memory or cognitive function can be rapidly impaired.
That's why I had told him to control his blood sugar level.
I told him that I'll alert his guardian, and he insisted that he'd tell it himself.
The shock came while he was out on a street. It could have been worse.
If it gets worse, he may not be able to return home.
Isn't there another guardian?
I have an older brother. I'll call him.
Then, is he going to be like that from now on, not being able to recognize his own son?
Once his hypoglycemic shock is treated, he'll recover,
but it's not likely that he'll be the same as before.
Ah, it's you again. (Using formal/respectful speech form)
You do look a lot like my son.
The patient is probably confused as well.
Don't try to correct his misunderstanding and just go along.
He's especially vulnerable to stress. So help him get stable.
Do I resemble your son a lot?
As I keep looking at you, you do.
Will my son look like this when he gets older? How old are you?
I'm 39.
How old is your son?
He's a college student, third year.
I need an assistant that would look into the situation of the businesses that have filed the lawsuit. Any volunteers?
I'll do it.
I think someone else might be better for this job.
Not someone too formal, but someone like Attorney Park Sang Tae, someone approachable and friendly is needed.
I think I know who would be the best.
This case is difficult for me. I don't really understand...
It's difficult for us, too.
This is a good chance for you to study a complicated case.
Attorney Jeon Ji Won will lead, we just have to do the research to back him up.
The decision is made by the CEO and the partner attorneys.
Because your judgment skills aren't enough for such complicated decisions, your job is just to follow our instructions.
Meet with the small-midsized businesses that are affected.
Ask about the circumstances of the purchase and the details of the option,
and in the process, figure out their intelligence level, education,
and the status of the business at the time of the purchase and the present.
Using their vocabulary will help.
I'll tell them up front that we represent the opposition.
I'm not sure that I'll still be able to gather information that would help us.
We have to know the exact situation of the businesses and their level of comprehension.
You're good at making people feel at ease.
I know this requires a lot of field work, but I'm counting on you.
Yes.
I'm really happy to have met you here, but
it doesn't seem like you're very happy about it.
Of course I'm glad to see you, too!
Then...
Alright.
Intern Lee Ji Yun!
Yes.
- Do you still live next door to Kim Seok Joo? - Yes.
Can you stop by Kim Seok Joo's house today?
Something happened to Seok Joo, so he just asked me to do something,
but I got an unscheduled meeting with a client, so it'll be after 10 after the meeting.
You're not, perhaps, afraid of dogs, are you?
No.
It's not a big deal, but it's important. Can you give Khan some food and water?
I'll do that. But what happened to Attorney Kim?
He's not sick or anything, right?
No, it's nothing. I'll count on you!
Yes.
Missed calls: 2
Are you awake?
Are you a lawyer?
Yes, I am.
It's an application for an injunction of suspension of effect.
Yes, would you like to take a look?
My son is a law student, too.
Ah, is that so? You said he's in his 3rd year?
He's a junior, and he passed the national exam this year.
Are you happy?
He placed second.
He was bright as a child.
For fear of that leading to arrogance,
I was very harsh on him, even for small mistakes.
Aside from me,
everybody around him was spoiling him.
So it was a natural environment for him to get cocky.
His name is Seok for Stone and Joo for Pillar.
Not the Seok of the Stannum, but Seok for Stone.
That's not a name usually used for names. Why did you choose it?
Do you like stone buildings?
Not elaborate buildings that fall
after 10 years, but a firm structure
that should last a long long time, over 100 years,
for him to become a pillar of such building,
I named him Seok Joo (stone pillar).
The courthouse is made of stone, too.
I named him so to become a pillar
that supports the law of this nation.
Aigoo,
Just because you look a lot like my son, how silly of me,
I bragged too much about my son.
Not at all. I see you had high hopes for your son.
I wanted to raise my children in a world
where you don't have to worry about what freedom is.
Looks like the world has gotten to that point now,
so based on that foundation, I just hope him to become a judge that really contributes to the society,
not someone who bends under authority or worries about how other people see him.
Someone dependable like a pillar.
If you teach him like that, maybe he'll turn out that way.
When he was little,
I didn't spend enough time with him,
it's just a father's wishful thinking.
It's not like children turn out the way you want.
I may have caused him to resent me
because of my pride in my own righteousness.
While my young son may not want to follow my wish right now,
some day, I hope that he'll become a foundation stone of the legal system of this nation.
Just because he doesn't follow my wishes
I can't hold that against him.
When you get to raise a child, you'll understand how I feel.
Why take a case that you're too ashamed of to tell your own family?
Don't think that the way you live is the only right way to live.
Everybody's living just fine in their own way.
Before the law, you should at least retain enough dignity as a human being.
It would be a surprise if you didn't have a headache after taking such rotten cases.
Do you not like the kind of work I do?
If you look hard enough, there is plenty of work that doesn't cause such headaches.
Hello?
Jeong Seon, I'm sorry for calling so late.
You must be very busy.
I was too flustered, so I had left the phone charging, and just now saw that I had a missed call.
Did something happen?
My father has been hospitalized.
Oh, no. Is he okay? Where does it hurt?
I'll tell you later when I see you.
Jeong Seon, how is your health?
The person who's been hospitalized is worrisome, there is nothing about me to worry about.
I'll be going to the Philippines to see my father.
We should meet when I come back.
Ah, yes. We should.
Tell your father how I'm doing.
I'll do that.
Please come back safely. Bye.
Yes.
Park it there for now and you can be back.
Hello.
Who are you?
Did you subscribe to the exchange rate product?
Who... Are you a reporter?
No, I'm a lawyer.
A lawyer?
Cha Yeong Woo Firm?
If your law firm is on the banks' side, what are you doing here?
I heard you are going through hardship because of this exchange rate product.
We are representing the banks but I wanted to know how you got to subscribe.
I want to know who the staff in charge was and if you knew what you were getting into.
If I know those things, I thought it might help me with this case.
What the heck kind of help would that be?
If rumor spreads in business community that we are low on funds now
we won't be able to make any deals.
I didn't know you had that kind of problems.
I was researching for this case but I couldn't fully understand because this product was too complicated.
Come in.
You must be suffering a lot.
I need to go get more money. I have to pay $200,000 every month.
What happens if you can't get money?
I'll go bankrupt.
That's really bad. You must be a nervous wreck.
Your family must be very worried, too.
My father's company went into receivership. It's Yurim Cement.
My family is hurting too.
It's not a secret how I subscribed to this product. I'm going to tell everything in court anyway.
You renewed the contract multiple times.
Because the exchange rate was going down, the contract was repeatedly terminated,
while it was renewed several times the amount gradually went up.
They kept pressuring me saying "why do you agree to that bank, but not us?"
Mi Young, bring me the data.
She was in charge of the transaction.
What was your major in college?
Accounting.
She graduated from Seomyeong Woman's University.
Because we are an export company we just hold and use dollars,
so even though we said we didn't need to manage the exchange rate, they kept pressuring us.
I can't even quit because I feel so sorry.
I asked them "Wouldn't it be too risky if the exchange rate keeps going up?" but they said it won't ever go up.
A report forecasting trends in the exchange rate was given.
Here it is.
I'm really grateful when you must be very busy.
What are you doing staying up all night? You should rest comfortably at home. (Using informal speech)
Father! Do you recognize me?
Why am I at the hospital now?
You could have been in big trouble! Why didn't you say anything to me?
His senses are stabilized now.
He might not remember if he gets shock again from diabetes.
He must not forget to eat food and take medication.
And if the condition worsens, he might not find his way to come back home.
A guardian's utmost care is needed.
I understand, Doctor. Thank you.
Are you going to submit an application for an injunction?
Yes.
Someone from Cha Yeong Woo Firm came by.
She asked about the company subscribing so I answered her.
Someone came by my place, too. Is it okay for us to answer?
It doesn't matter because your claims will continue to be the same anyway.
That side will come up with a countermeasure too.
Maybe I shouldn't have told her...
Today, I will go to the court to file for an injunction.
Thank you.
Please come over this way.
I came to file for an injunction.
You must provide one for the other side.
Ah, do I need two copies?
Is this your first time?
It's my first time filing for it. I'll come back soon.
How much is your total assets?
It's about 1 trillion. ($1 billion) I will submit details of it in writing.
How much is your fixed assets?
A chairman does not pay attention to those things.
I will tell them to submit it in writing.
You filed for receivership. How much are your liabilities?
It's about 1.1 trillion. ($1.1 billion)
I will submit the details in writing.
How much are your short-term liabilities that are due in less than 1 year?
I think it's less than 300 billion. ($300 million)
Then, how much is each quarter's profit and loss?
Last year's deficit was about 5-6 billion won. ($5-6 million).
Do you have any final words you want to say?
I can save it.
Give me one more chance. When I was a senior in college,
I became the successor to Baekdoo Group.
Even though I succeeded at a young age, I increased
Korea's Soju market share from 40% to 60%.
Your Honor, I'm sure you drink Baekdoo Soju, too?
That was also my product.
I will save Baekdoo Soju and the Group.
Baekdoo company is a national company.
I'm suffering for just a bit because of foreign competitors
and a vicious law firm that's conspiring against me.
90% of national creditors and 60% of the total
will be submitting consent forms that say they agree
that only I, Jin Jin Ho, should be managing the company.
Please dismiss the reorganization application.
I understand. I will decide within a week and announce my decision.
This is the end of this game. Cha Yeong Woo Law Firm is not that big, as they say.
I won't be captured even if they set up so many traps.
I am a person who started managing this Group from senior year in college.
I heard the presiding judge was seen at the golf course with partners from Cha Yeong Woo firm last weekend.
Golfing is golfing.
Will a judge overturn what came out of his mouth that easily?
There's image to maintain for Chief Prosecutor.
He promised to follow the creditors' decision if I got an agreement over 60%.
Aigoo, who is this? Isn't this Kim Seok Joo, Kim Seok Joo?
Why are your clothes like that? Do you not even greet someone because you are unemployed?
Ah, yes. Hello.
Now you see me?
I guess you won't be affected even if you rest for a long time because you have done so many things.
You shouldn't have any problems even if you rest continuously.
Ah yes, well, I'm not very worried.
There's a rumor that he got a cancer.
Indeed,
can you sleep peacefully? You don't roam around at night, right?
Ah, yes.
2014 Meeting 35641 Reorganization Jin Jin Ho
Ah, you are the president of Baekdoo Soju company.
I am the Baekdoo Group President who almost lost the position because of your tricks.
Did I perhaps do you any major wrong?
Do you think you're still the Ace of Cha Yeong Woo Firm?
I heard you got out of Cha Yeong Woo Law Firm. Why are you so arrogant still?
I heard someone pushed you at night?
Yes... If you don't have anything else to say, I'll leave for now.
And I'll be careful of the streets at night. Good bye and be safe.
That son of b***!
He is getting better at rubbing salt in the wound.
He was actually better before!
Injunction Application...
Application for Injunction for Suspension of Option Contract
Attorney Kim Seok Joo.
He left and is counsel for this kind of case.
I will do my best to prepare a written answer.
Injunction Application...
Have you started another case?
Not as of yet.
Not so far...
Find out from the judge on the case, and whom he's playing golf with.
He probably won't be playing golf.
I hear that he felt burdensome about golf schedules, so he sold off the golf clubs altogether.
How many injunctions has he applied for?
4 in total.
I will find out his close ties, other than through golf.
By the way, is this Kim Seok Joo the one and the same attorney Kim Seok Joo I know?
It is that Kim Seok Joo.
I heard that Kim Seok Joo's father has given counsel to companies with damages due to this incident.
He has amnesia. It seems the change of heart has accompanied this amnesia as well.
He felt conflict on hiding that fact and continuing to work.
This is a confidential matter that cannot fall on other clients' ears for the time being.
Were others unaware of this?
Three people in this room now, and Intern Lee Ji Yun, attorney Park Sang Tae...
That's the limit of this knowledge, I believe.
Due to this incident, criminal prosecution, complaint and civil suit are all proceeding.
In this situation, hypothetically if the companies were to win a judgment within a year or two,
and receive compensation for all the damages,
for the present, due to the skyrocketing exchange rate
they're unable to handle monthly payment hence are relying on the supplemental bank loans,
and they [supplemental loan]have reached their limit and the companies are moments away from insolvency.
The companies which once were in the black
are requesting that you grant the application to prevent them from becoming insolvent from subscribing to the product.
To argue that making some monthly payment will lead to insolvency of the corporations is an exaggeration.
The corporations are insisting that they were damaged.
We urge that they do not forget the contact was signed voluntarily.
I'd like to ask what kind of promise and trust this society could maintain if contracts entered voluntarily are terminated.
It doesn't make sense to change contracts frequently or to cry inability to abide by it, for a change of circumstances alone.
The freedom of contract principle is a principle of civil law and is a fundamental promise to maintain our society.
The contract must be inviolable.
If this principle were to be shaken, the social order would be shaken.
We request that the court dismiss the corporation's application for the injunction.
How much is each corporation's monthly payment?
It is $500K/month for the smallest company, and for some larger company it could range up to $1.5M/month.
An originally profitable company which had $56M in reserves,
did the company blow through it?
Yes, Your Honor.
- I see that there are still 22 months remaining in the contract. - Yes, Your Honor.
After reviewing the materials during the examinations thus far, I will announce the decision in 2 weeks.
All rise!
Attorney, sir.
Take care.
Ah, thanks. Nice work.
Is Attorney Kim handling this case alone?
Can't be. The scale of this case is unbelievably large.
Currency products injunction application granted.
Medium and small companies with damages, would they find a way out?
It was thrilling, thrilling!
I sincerely thank you. I can finally give a sigh of relief.
Excuse me, your injunction was granted. How do you feel?
It seems that the court has correctly ascertained the material facts of the case.
I can feel my lungs expanding at the thought that this nation's justice is yet alive!
If we receive fair treatment at the civil trial,
we don't have to go bankrupt, I feel. I'm starting to have hope!
Won't you say a word too, Attorney Kim Seok Joo?
This is evidence that our judicial system's justice is alive.
Through a deliberation with depth, our medium to small companies with damages received a just verdict.
That is all.
When we have paid so much money to you,
what are the attorneys at Cha Young Woo firm doing exactly?
Do you know what kind of work you were required to do when you were paid such high fees?
It's merely 4 cases.
The injunction applications from the large corporations are starting to line up.
If those injunctions are accepted, the monthly payment to the bank will cease.
You do realize that I brought this product as Back-to-back ?
Even if the medium to small size corporations don't pay us,
we have to pay the international banks every month
the amount excluding the commission, without fail!
In the worst case scenario, we have to make the payment even if our corporation bankrupts!
How will you handle this?
We will handle the next case with the best of our abilities.
Instead of that kind of vague answer,
give me the detailed measure.
Before that detailed measure surfaces, no one can leave this room!
Over there, lock the door now.
You did a nice job. I guess the corporations can finally take a breather.
From now on is the worry though.
Winning the lawsuit on the merits will do it.
You have to be the one to do well. How's the criminal case?
We have obtained the recorded files of Future(Mirae) Bank and that should be more than enough evidence for indictment.
But because in a criminal trial, it is difficult to prove the intent to defraud,
I don't think the judgment would be easily won.
Why?
I should have included all 100 affected businesses.
It's the season for personnel changes.
It's the time for personnel changes at the court.
Why are you doing this to make me so nervous?
I'll rush the indictment.
Director Lee Dong Hoon has the highest chance of remaining in his position.
The Chief Judges of the High Court made this position and it's his first term to be in that position.
Promote him.
Above the Head Chief is the president of the courthouse.
We'll send him there.
Which courthouse needs a president?
There are no places that have the openings.
But if we demote him or move him vertically, there will be gossiping about that...
There isn't a vacant slot?
There's one here.
Isn't the Director of the Library an empty spot?
That is true but...
It's also the temporary position that you wait for just before being a president of a courthouse.
It's also known as one which is not difficult to be promoted into the Head Chief.
That position would be good.
I understand.
Is there a right person for replacement?
There is a guy who is a member of the Civil Law Research Society among the Chief Judges of the High Court.
Park Hyeon Soo.
A member of the Civil Law Research Society should be easily convinced.
They won't be able to simply reverse the verdict when there are precedents,
nor can they dismiss all the injunction applications without a reason. Make a reasonable rebuttal theory.
Yes, I understand.
Make an appointment with the the Minister of the National Court Administration.
I understand.
Ah, and while it's not cause for concern,
the affected businesses formed a United Response Committee and started providing consistent argument through the media.
How's the criminal trial going?
I heard they were burning (speeding) towards an indictment.
It can become a bigger problem than an injunction.
The Chief District Prosecutor's protection is the biggest problem over there.
Was the former Director of the National Tax Service Oh Myung Seh?
Tell him to come in.
Did you call me?
Who is the Chairman of the Unified Response Group?
It's Kim Ik Tae, the President of Manjin Machinery.
Is a tax audit possible?
Yes, it's possible.
When he resigns and there is a new Chairman, assert more pressure at that point through the bank,
by threatening to retrieve the loans. When they change again, then assert more pressure again.
We have to show them how tiresome and terrible a matter this is.
And...
The members of the committee will share their information, so find a spy to gather information.
I understand.
We should remove the Chief Prosecutor of the Central District Prosecutor's Office.
Father, aren't you more comfortable because I don't have a job so I can be your driver?
An attorney?
I was afraid that him being special may turn into arrogance.
His name means Suk as in Stone and Joo as in Pillar.
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