A crucial injunction has been successfully filed by nine of a prominent K-pop group’s ten members, notably excluding member New, signaling a significant legal challenge for their agency.
Kim Moon-hee, an attorney at the esteemed local law firm Yulchon representing the members, stated that the court found the entertainment agency, One Hundred Label, to have violated its fundamental obligations. These breaches included failing to make timely settlement payments and provide essential financial data. The court also ruled that the agency failed to fulfill key contractual duties, encompassing adequate management support and vital artist protection.
“The court determined that the trust between the parties of these talent contracts had broken down to an irreparable level, directly attributable to the agency’s fault,” Kim emphasized.
One Hundred Label had argued that signing bonuses paid to the K-pop members constituted advance payments. However, the court unequivocally rejected this claim, noting that contract provisions clearly differentiate signing bonuses from the distribution of earnings generated from the members’ various entertainment activities.
Despite the legal suspensions, attorney Kim confirmed that the group’s members are committed to fulfilling all previously confirmed schedules and fan engagements.
