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Court docket Denies FIFTY FIFTY’s Request To Droop Unique Contracts With Their Company

FIFTY FIFTY’s request to droop their unique contracts with their company ATTRAKT has been denied by the court docket.

Again in June, FIFTY FIFTY filed an utility for provisional disposition to droop the validity of their unique contracts with ATTRAKT. After the primary listening to in July, the court docket really useful mediation between the 2 events, however on August 16, the FIFTY FIFTY members introduced that that they had no intention of constant with mediation, main the dispute to return to trial.

On August 28, the Seoul Central District Court docket made its resolution, finally denying the 4 FIFTY FIFTY members’ requests for the suspension of their contracts.

On the listening to in July, FIFTY FIFTY’s authorized consultant made three foremost claims as to why a suspension was wanted. The primary was an alleged lack of monetary transparency, the second was that the corporate allegedly didn’t take enough care of the members’ well being, and the third was an alleged lack of assets to help the group’s actions.

Nonetheless, the court docket finally discovered that there was “inadequate proof” to grant a suspension. When it comes to monetary transparency, the court docket acknowledged that after reviewing ATTRAKT’s funds, in mild of manufacturing prices and different bills, there was “no proof of any unpaid earnings that FIFTY FIFTY ought to have acquired by now.”

Whereas there was a particular omission on the corporate’s assertion for April (FIFTY FIFTY’s digital music income for the month had been marked as 0), the error was corrected as quickly as ATTRAKT was made conscious of it—and in line with a report by Dispatch, the error was really made by an worker of Ahn Sung Il (SIAHN)’s firm The Givers.

“There was no occasion of FIFTY FIFTY making a request for correction and the company not complying, and there was no occasion of the company violating their responsibility greater than as soon as or for a protracted time period,” defined the court docket. “It’s tough to see this incident as inflicting an irreparable breach of belief.”

The court docket additionally dismissed the declare that the corporate had not taken care of the members’ well being, stating, “After discovering the problem with FIFTY FIFTY’s [Aran’s] well being, the company [ATTRAKT] organized for her to be recognized. They then checked on her analysis and progress, they usually adjusted their promotion schedule and arrange a date for the surgical procedure.”

As for ATTRAKT’s alleged lack of assets following the tip of their contract with The Givers, the court docket responded, “It’s tough to say that the company is in violation of their unique contract simply because The Givers is not working with the corporate.”

Lastly, the decide particularly criticized the truth that FIFTY FIFTY didn’t convey these points up with ATTRAKT earlier than submitting to droop their contracts. The decide identified that if an company is in violation of a contract, the artist is legally required to offer the company a 14-day grace interval after notifying them of the violation. Nonetheless, in FIFTY FIFTY’s case, as a substitute of notifying ATTRAKT of their grievances, the members instantly moved to authorized motion and making an attempt to terminate their contracts.

“The group’s actions got here to a halt due to Jung Eun Ah [Aran]’s surgical procedure, and since a few of the members got here down with COVID-19, they every returned to their very own household houses,” famous the decide. “Instantly afterwards, they out of the blue despatched the company discover that they might be ending their unique contracts.”

“There is no such thing as a approach to see this as [ATTRAKT] refusing to make corrections regardless of a request for correction,” they continued.

In the meantime, following the court docket’s resolution, FIFTY FIFTY’s legal professional acknowledged in a cellphone name with Yonhap Information, “As we nonetheless have to debate the matter with the members, nothing has but been determined, however it’s at present very probably that we are going to be interesting the choice.”

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