[Official] Lim Hyung-joo Denies Allegations of Delinquency in Construction Payments of 800 Million..Subcontractor refutation "Distorting Facts" (Full Story)

*This content was translated by AI.

While Poppera Tenor Lim Hyung-joo denied the allegation of non-payment of 800 million construction costs, all subcontractors of the Seoul Poppera House Construction Corporation issued a statement of rebuttal.

On the 3rd, a subcontractor of Seoul Popera House Construction Corporation said, "It is clear from the court that Amblerbird Co., Ltd., where Lim Hyung-joo is an in-house director, did not pay more than 800 million won for the construction."

Lim Hyung-joo claimed that there was no unpaid payment from MBLAUD Co., Ltd., misleading the facts that it was a "problem to be solved by the original contractor," and falsely claimed that the payment was paid in full.

"The building is owned by Emblabard Corporation, a consignor and beneficiary, and it was completed without payment of construction costs," he said. "Lim Hyung-joo is actually living in the building, announcing it as a 'house built by himself' through broadcasting." It is contradictory to promote corporate assets like one's own private property and claim that there is no legal responsibility only for the debts (construction costs) that went into building the building, he pointed out.

He said, "For the past three years, we have been consistent with a stand-by without a will to solve it. Subcontractors have worked in various ways to settle the payments over the past three years, but Embraid Co., Ltd. has not offered any repayment plans. Even after the agency's position that it has the will to solve it, there has been no conversation until now. When companies were on the verge of bankruptcy due to not receiving payments and were struggling with their livelihoods, Lim Hyung-joo moved into the building without any consultation and exposed his luxurious life to broadcasts. It was pointed out that it is an overwhelming attitude toward subcontractors operating on a small scale to call for a "legal response" when media coverage began after being silent for the past three years.

In addition, "Emblabard Co., Ltd. claims to have offered the building for 15.2 billion won to resolve the dispute, but this is practically impossible to trade considering the current real estate market situation," he said. "This is not an intention to repay the price through an actual sale, but to set an unrealistic price to delay the sale and delay the performance of the debt." If there is sincerity, it should come up with an immediate reimbursement plan according to the ruling, not a sale plan without a promise," he said.

Finally, "Lim Hyung-joo's side stated that it could pay for the building by selling it. However, it is emphasized once again that the subcontract payment in this case was caused by not paying the construction payment that should have been paid, not by Lim Hyung-joo's side as if he were showing good faith," he added.

Earlier, it was alleged that Embla Bird, where Lim Hyung-joo and his brother are in-house directors, created the Seoul Popera House and paid more than 800 million won in construction costs to subcontractors.

Seoul Popera House is a building under which Embla Bird signed a contract with the original office in 2023 and carried out construction, and brothers Lim Hyung-joo took office in 2025 as an in-house director of Embla Bird. In response, Lim Hyung-joo said, "It is a problem that A company (the original contractor), which has already been paid for the construction, has to be solved with subcontractors and has nothing to do with Lim Hyung-joo."

◆ Hereinafter, the full text of the official position of all subcontractors.

Regarding the official position announced by Lim Hyung-joo's agency, DGNcom Co., Ltd. on March 5, 2026, subcontractors who have not received payment even after carrying out the relevant construction work deeply regret the distortion of the facts and make the official position as follows based on objective legal grounds.

1. It is clear from the court that Amblerbird Co., Ltd., where Lim Hyung-joo is an in-house director, did not pay more than KRW 800 million to the original corporation (Ungjin Industrial Development Co., Ltd.).

Nevertheless, Lim Hyung-joo's side claims that there is no unpaid payment from EMBLAUD Co., Ltd., misleading the facts that "it is a problem that must be solved by the original contractor (Woongjin Industrial Development Co., Ltd.)," and falsely claiming that "the payment has been paid in full."

2. Hyungjoo Lim's brother and sister are the actual operators and directors of the building.

The building is owned by Emblabard Corporation, a consignor and beneficiary, and was completed without payment of the construction cost. Lim Hyung-joo is actually living in the building, announcing it as a "house built by himself" through broadcasting. It is contradictory to promote corporate assets as if they were your own private property and claim that you are not legally responsible for the debts (construction costs) that went into building the building.

3. For the past three years, we have been consistent with a non-willing stand-by.

Subcontractors have worked in various ways to settle payments over the past three years, but Embraid Co. has not offered any repayment plans. Even after the agency's position that it has the will to solve it, there has been no conversation until now. When the companies were on the verge of bankruptcy due to not receiving payment and were struggling to make a living, Lim Hyung-joo moved into the building without any consultation and exposed his luxurious life to the broadcast. It is a daunting attitude toward subcontractors operating on a small scale to call for "legal action" when media coverage begins after being silent for the past three years.

4. The claim of the sale of 15.2 billion won is just a "time-consuming" response that is significantly less realistic.

Emblabard Co., Ltd. claims to have offered the building for 15.2 billion won to resolve the dispute, but this is practically impossible to trade considering the current real estate market situation. This is not an intention to repay the payment through an actual sale, but an intention to delay the sale and delay the performance of the debt by setting an unrealistic price. If you are sincere, you should come up with an immediate reimbursement plan according to the ruling, not a sale plan without a promise.

5. Lim Hyung-joo's side said that they could sell the building and pay for it. However, I emphasize once again that the subcontract payment, in this case, was caused by not paying the construction payment that should have been paid, not by Hyungjoo Lim's side in good faith.

Despite the court's ruling, the only last option for subcontractors to choose was a one-man protest in front of the debtor's attitude of not willing to repay the debt. Selling this legitimate exercise of rights as 'deliberate defamation' or 'malicious information' is an act that blurs the essence. As Lim Hyung-joo said in his official position, if you truly take "responsibility as a public figure" seriously, please provide a quick solution so that the payment of the workers who worked hard can be reimbursed immediately.

April 3, 2026

Seoul Popera House Construction Subcontractor

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*This content was translated by AI.