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July 19, 2012

SM Entertainment and JYJ postpone getting a decision from the court about their exclusive contract



The decision from the court on the matter of exclusive contract between SM Entertainment and JYJ (Jae Joong, Jun Su, and Yoo Chun) was postponed.
The decision was supposed to be given on July 19 at 10:00 a.m. at Seoul Central District Court. However, it was postponed again. The decision will now be given on August 10.
SM Entertainment and JYJ have tried to reconcile their differences, having postponed the court’s decision six times since May. However, the reconciliation couldn’t be brought about and they were again brought into court at the end of last year.
They set a date to plead the case in May and made their points to each other, but they couldn’t reconcile because of their clear differences. However, before the decision was made from the court, SM Entertainment proposed a settlement again.
JYJ filed for an injunction in 2009 to verify invalidity of their unfair exclusive contract with SM Entertainment. As the court granted it, SM Entertainment filed a lawsuit to confirm validity of the exclusive contract and also brought an action for damage against them in April, 2010. At this, JYJ again filed a lawsuit to verify invalidity of the contract.
The court dismissed all actions brought by SM Entertainment against Jae Joong, Yoo Chun, and Jun Su in February last year. Through the decision from the court, the exclusive contract between SM Entertainment and JYJ was declared null and void.
Source: Starnews
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