TS"Sleepy Frauds Company to Acquire Unfair Profits - Criminal Complaint against the Distribution of False Facts" (Full Story)

Jul 11, 2024

 TS'Sleepy Frauds Company to Acquire Unfair Profits - Criminal Complaint against the Distribution of False Facts' (Full Story)
The legal battle between rapper Sleepy and his former agency TS Entertainment (hereinafter TS) is prolonged.

Lawyer Kim Bo-hyun of AK, TS Legal Agent, said on the 11th that Sleepy deceived the company during an exclusive contract with the company, acquired unfair profits through years of back advertising, SNS advertising, and unauthorized events, inflicted damage to the company, and spread false information and false information through various media outlets" he said.

Subsequently, in the second trial, Sleepy was first legally adjudicated on years of unfair profit acquisition and harm to the company. In response to this, we plan to file a criminal complaint. "In the early days of the lawsuit, the adjustment of the termination of the exclusive contract was the cause of the breakdown of trust, and the second trial court misinterpreted the adjustment proposal that monetary damages should be compensated as a separate lawsuit and filed an appeal."

TS filed a lawsuit for 280 million won in damages in 2019, claiming that it hid some of the SleepyGee broadcasting fees and SNS advertising revenue from the company. However, the first and second trials ruled in favor of Sleepy.

Next, TS Entertainment's official position

Hello, I'm lawyer Kim Bo-hyun of law firm AK, the legal representative of TS Entertainment

I would like to explain our client's appeal regarding the second trial decision on June 21, 2024, which was previously known through the media.

At that time, the second trial ruling was in accordance with a lawsuit to prove that the cause of the 2019 exclusive management contract between TS Entertainment and Sleepy (real name Kim Sung-won) lies with the defendant Sleepy.

Mr. Sleepy has cheated on the company during his exclusive contract, obtained unfair profits from years of back advertising, social media advertising and unauthorized events, inflicted damage on the company, and has been spreading false information and false information through various media outlets

In the second trial, Mr. Sleepy was the first to receive a legal ruling for years of unfair profit and harm to the company.

However, in the early days of the lawsuit, the exclusive contract was terminated as a cause of trust failure, not as a smooth adjustment, and the second trial court misinterpreted the mediation proposal that monetary damages should be compensated separately.

I think this is a judgment that was misinterpreted from our side.

That's why I filed an appeal regarding this lawsuit.

In the future, we plan to file a criminal complaint and file a complaint regarding the acquisition of unfair profits through behind-the-scenes advertisements, SNS advertisements, and unauthorized events of SleepyC, which was recognized for the first time in this ruling, and we will inform you later.

Thank you for reading this long article.

If you have any questions in the future, please contact us.

Thank you.





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