On the 28th, the three members of TVXQ (YoongWoong Jaejoong, Micky Yoochun and Xiah Junsu) filed an exclusive contract validity suspension lawsuit against SM Entertainment which also involved a demand for SM to pay a compensation fee of 3 billion won. SM continues to hold a firm stance regarding the matter. As opposed to solving the problem for once and for all, the whole ordeal seems only to be getting worse.
In the mean time, some have expressed concerns that if this issue is not solved as soon as possible, then it may also have an impact on the hallyu wave as a whole. Lawyer Park Chan Chong expressed his concern and unease, saying 'Many people from abroad recognize TVXQ as a treasure that our country should protect and cultivate, and since conflict arose between the trio and SM, the group has been hindered from carrying out group activities, and this has caused great losses for the country.' Furthermore, Park also expressed his own views regarding the matter: based on the terms on the contract between TVXQ and SM, it seems that terminating the contract is not possible. However, it is undeniable that it is an unfair, unjust slave contract, and this was signed before the members reached the age of 19. Under constitutional law, SM Entertainment can be prosecuted for seeking unlawful interests as well as fraud.
In July 2009, TVXQ filed for a contract suspension injunction against SM Entertainment, at the same time SM filed a lawsuit against the three members demanding they pay a compensation fee of 2.2 billion won. Later on, on June 28th 2010, the trio sought 1 billion each from SM, making of a total of 3 billion won.
Park proposed three possible solutions:
1. Stop all individual acting activities of the trio and the two other members and allow the five to resume activities as a group.
2. Conflict between the two parties arose because of SM, thus SM should make compromises to solve the issue.
3. Allow the court to decide whether or not the contract between the two is an unfair slave contract.
Finally, there are many international fans who love and cherish TVXQ and hope to see the five of them on stage again as a group, we hope that SM will not forget and neglect their feelings of hope and anticipation.
t/n: Park Chan Chong is a lawyer and a former governor in South Korea.
t/n: Park Chan Chong is a lawyer and a former governor in South Korea.
Source: Heyjj
Trans by: dorfehh@DBSKnights
Shared by: DBSKnights
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