NewJeans Sparks Legal Disputes with Bold Independence Moves
Dec 20, 2024
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On the 19th, entertainment president Lee Jin-ho's channel "Do you mind? What can you do.. The video titled "New Jeans Goes a New Way" was released.
Lee Jin-ho said, `Now NewJeans is going on a path beyond imagination that no one else has ever gone.He expressed concern by mentioning unilateral notification of termination of the contract, removing the name of 'NewJeans' from Vogue shooting, and an independent advertising contract with global luxury watch brand O.
"Losing the court battle is a bold move that does not take into account Plan B at all. Each action can be accumulated as a huge penalty because it causes actual damage to Adore. "However, the advantage of NewJeans is that it will take at least a year or two for the exclusive contract validation lawsuit filed by Adore to enter after a court battle, saying, "Then we will do Adore." Then, can Ador claim a penalty?" he speculated.
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Lee Jin-ho said, `At the time, former CEO Min Hee-jin was in office, so even if it can be understood that it is on the planner's name, the Vogue photo shoot is a schedule created and conducted using Ador's human and material resources. But it doesn't make sense to remove the name 'NewJeans'. Ador companies and employees worked for and paid for NewJeans, paid and spent money 'NewJeans' name removed? I don't understand what's going on."
NewJeans also argued that there is a reason why the company is in a hurry now.
Lee Jin-ho said "NewJeans ended with Theodore at a press conference on November 28. You can't intervene in our activitiesHe declared that 'Daniel and Hani, who are foreign members, need an agency to do economic activities in Korea. You need to have an agency to get a visa. No company can operate in the absence of it. We need a company to solve the visa problem visually right now."
So "There is a rumor about a family corporation."The members received 5.2 billion won in settlement from Adore last year, so they are not in a state of lack of money. A family company can be established even if only 500 million investments are made per person. The problem is that the family is also contractually a third party. "NewJeans is claiming to have already been terminated, but third-party contracts are a huge breach of contract."
lyn@sportschosun.com
