The legal dispute between SM Entertainment and JYJ (Kim Junsu, Kim
Jaejoong, Park Yoochun) has finally come to an end through an agreement
after three years and four months.
According to judicial circles, SM Entertainment and the three members
of JYJ came to an agreement on the 28th to settle the termination date
of any and all contracts between the two parties as the 31st of July,
2009, the date that JYJ filed their injunction of nullification. Also,
it has been found that they have decided to drop all related lawsuits
and have signed an agreement stating that they will not interfere with
any activities that the other party pursues.
SM Entertainment said, “The trio stated that they have no intention
of performing as members of the group ‘TVXQ’, so SM has come to the
decision that we no longer have a reason to be in charge of management
for the trio. We have come to a mutual agreement to not interfere with
the other party’s activities as our paths will not cross in the future,
and the lawsuit has come to an end through this agreement. Also, we have
come to the decision that the best course of action was to end this
lawsuit to ensure that there will be no more additional damages or
unnecessary issues that arise because of the lawsuit that may harm
U-Know Yunho and Choikang Changmin, who are currently active as ‘TVXQ’.”
CEO Baek Chang Joo of C-JeS Entertainment stated, “We believed that
this was a battle that had already been won three years ago when the
courts accepted our injunction. To be honest, we don’t believe that
there will be much change to JYJ’s activities after the verdict because
the interference of JYJ’s activities isn’t a legal issue, but a battle
between David and Goliath.” He also added, “We are currently walking
down a path that only JYJ could take, and we will continue to pursue our
own activities, as planned,” and “We hope that the success of this
agreement will rectify the various limitations placed upon JYJ that used
the lawsuit as an excuse, and we would like to once more sincerely
thank the domestic and international fans who have given JYJ their
unwavering support from the start.”
Source: [Nate News]
Translated &Source: dongbangdata.net
No comments:
Post a Comment