THE BOYZ Officially Files Lawsuit To Nullify Contract, Triggers Massive Response

Koreaboo
THE BOYZ has filed a lawsuit against their agency, ONE HUNDRED, seeking to nullify their contract due to unpaid settlements and a breach of trust.

Summary

THE BOYZ has officially initiated legal proceedings against their agency, ONE HUNDRED, requesting a court injunction to terminate their exclusive contract. The lawsuit stems from allegations of a breach of trust related to unpaid settlements, with the group claiming approximately ₩5.50 billion KRW (about $3.75 million USD) in service fees to external companies remain unsettled. During the first hearing at the Seoul Central District Court, THE BOYZ’s legal counsel argued that the relationship of trust with the agency is irreparable and requested an expedited injunction to ensure the group’s continued activities. They further revealed that the members had to personally fund concert preparations and rely on advance payments from related companies due to the agency’s lack of support.

ONE HUNDRED countered that the payment delays were temporary and unintentional, stating their intention to fulfill the outstanding amount, including a 6% delayed interest. However, this explanation has sparked significant outrage among netizens, who expressed disbelief and frustration with the agency’s handling of the situation, with many commenting on the potential for a prolonged legal battle and criticizing the agency’s financial practices. The case highlights concerns about artist exploitation and the importance of transparent financial management within the K-pop industry.

(Source:Koreaboo)

Crypto News

Ledger sued for $500M over alleged data breach and crypto theft

Chicago Tribune

Judge blocks President Trump’s new bid to curb birthright citizenship, citing Supreme Court precedent

Deadline

NY Times Rips Trump's DOJ For Backing AI Companies In Class Action Suit

The Boston Globe

Musicians sue AI music company Suno for imitating their voices

WIS10

Federal class-action lawsuit filed against Flock Safety

The Guardian

Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm

Koreajoongangdaily Joins News

Coupang data breach lawsuit faces U.S. court jurisdiction battle

Insurance Journal

Apple to Pay Virginia Employee $150K in Religious Accommodation Settlement

Newswise

FTC Lawsuit Against Amazon Raises Questions About Advertising Costs, Competition and Consumer Impact: UMD Expert Available | Newswise

Wtvc

Whistleblower says Meta’s $18B settlement falls short of protecting kids’ lives

Upper Michigan's Source

Marquette County Board forms opioid task force to refine settlement disbursement

The Hollywood Reporter

Country Star Jason Isbell...

Billboard

Jason Isbell Files Class Action Lawsuit Claiming Suno Coded AI to ‘Extract Musicians’ Identities’

Fortune

Once a champion for physical media, Sony is now telling PlayStation customers they don’t actually own the digital video games they paid $70 for | Fortune

The Aryavarth Express - Your Own English Daily New

Subhash Chandra Insolvency: ₹22,006 Crore Claims vs ₹6.5 Crore Settlement