Home Korean News NewJeans gets slapped with 1 billion KRW penalty for each independent activity without ADOR approval

NewJeans gets slapped with 1 billion KRW penalty for each independent activity without ADOR approval

by Liza Terry
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NewJeans gets slapped with 1 billion KRW penalty for each independent activity without ADOR approval

NewJeans is to face a 1 billion KRW penalty for every and each entertainment process undertaken independently or by a third event without the impress's consent. Know more.

NewJeans: courtesy of NewJeans' X
NewJeans: courtesy of NewJeans' X

On Also can 30, NewJeans and ADOR clashed in court once any other time over NewJeans’ attraction in opposition to ADOR’s injunction searching for to ban the neighborhood’s independent entertainment activities. Sadly for NewJeans, the court dominated in ADOR’s resolve on once any other time. In accordance with the most modern narrative by Ample-media outlet MK Sports, the ruling partly permitted ADOR’s injunction demand and imposed a hefty gorgeous on the girl neighborhood people for every and each event of non-compliance.

NewJeans faces 1 billion KRW penalty
NewJeans is at a downside once any other time, as the 52nd Civil Division of the Seoul Central District Court ordered NewJeans to pay a 1 billion KRW (approximately 726,000 USD) penalty for every and each independent process without their impress ADOR’s approval. As per the most modern ruling, the quintet will also not be allowed to grab part in entertainment activities by third parties without the company’s files.

The affiliation shall persist till the verdict declaration for the ADOR vs. NewJeans’ main (habitual contract validity) lawsuit.

NewJeans and ADOR are referred to as the obligor and obligee
“The debtor, NewJeans, shall not have interaction in independent entertainment activities or by third parties without the prior approval or consent of the creditor, ADOR, till the first-event judgment in the lawsuit confirming the validity of the habitual contract is launched,” the court said. Besides going by a 1 billion KRW penalty for every and each violation, NewJeans modified into also ordered to endure the associated price of the injunction application.

Following the court’s ruling in the HYBE subsidiary’s favour, the impress obtained a vital exact profit in its dispute with NewJeans over the validity of their habitual contract.

Outdated verdict influencing the most modern ruling
This most modern ruling adopted the court’s old choices, which granted ADOR’s injunction application on March 21, effectively blockading NewJeans from signing commercial contracts or pursuing various independent engagements without ADOR’s approval. When NewJeans appealed on April 21, the court upheld its earlier verdict, and now the contemporary decision extra bolstered ADOR’s field.

The dispute between NewJeans and ADOR is much from over, with tensions anticipated to intensify as the principal lawsuit progresses. A second hearing is decided for June 5, that will presumably well presumably shed more gentle on the continuing warfare.

Source credit : pinkvilla

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