New Jin's and Min Hee-jin, who shouted freedom, are frustrated, is it really possible to cancel the 'no litigation contract'
Nov 29, 2024
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As of midnight on the 29th, Newzins declared that he would terminate his exclusive contract with Adore.
Newzins said on the 13th that it would send a proof of content to the door demanding the return of former A-Door CEO Min Hee-jin, an official apology from Billifrap manager who told him to ignore Hani, and finding out the truth about Hive's internal document, "What can be done without Newzins" and terminate the exclusive contract if the requirements are not corrected.
In response, Adore seemed to take action, such as issuing an apology to Billifrap a day before the deadline designated by Newzins, but the members held an emergency press conference on the 28th and terminated the contract, saying, `Adore has neither the will nor the ability to protect Newzins.'
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Kim Joo-young, CEO of Door, also complained to the members that after receiving the content certification, Door was deeply saddened and frustrated. He also said that former CEO Min hopes to return to Newzins as a 'producer'.
Nevertheless, Newzins again expressed his intention to terminate the exclusive contract, saying, `It is a great mental pain to maintain an exclusive contract with Doror.' The members requested correction according to the contents of the exclusive contract, but the violation of the exclusive contract was not corrected within the deadline, so they signed the termination of the contract, and argued that there was no need to file a lawsuit or pay a penalty, such as suspension of the exclusive contract, because the reason attributable to the door.
In response, Min posted the Beatles' 'Free As A Bird' on his account to cheer for the members.
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In conclusion, it is possible to terminate the contract. Lee Hyun-gon, a lawyer at Saerol, a law firm, said in his account that "It's an unprecedented way." If you file a provisional injunction, you can't move until you come to a conclusion. But you can leave without filing a lawsuit. If this happens, you have to file a lawsuit against Newzins at Adore, and Newzins just has to wait for it. No one can stop Newzins from becoming independent now."
However, the common opinion of the legal profession is that it will eventually become a lawsuit.
Since the contract between Newzins and Adore still exists, if Newzins develops its own activities in the future, it will inevitably cause friction.
Newzins said it will handle the schedule planned so far, but since the contract has been terminated, it wants to be with former CEO Min, not Adore, after all the pre-negotiated schedules are over. In this case, even the door won't be left untouched. Audor may sue the members for damages, or it may prevent Newzins from being independent. At this time, the members may file another lawsuit, so the lawsuit is already foreseen. Therefore, the prevailing opinion is that it cannot be free from the issue of penalties, and that in the end 'who violated the contract and obligation' will inevitably become an issue.
silk781220@sportschosun.com
