Newjeans faces a legal arrest with financial penalties: why 5 billion krw for group activities?

Newjeans faces a legal arrest with financial penalties: why 5 billion krw for group activities?

On May 29, the Civil Division 52 of the central district court of Seoul (the chief judge Heo Kyung-Moo) accepted the request for indirect injunction presented by Ador against Newjeans.

The nucleus of the sentence is that until the first sentence of an application in the main cause relating to the validity of the exclusive contract, the members of Newjeans must not undertake in entertainment activities without Adr’s preventive approval.

This indirect injunction is not a simple warning, it is a binding measure that requires actual financial sanctions for violations.

The Court specified, “If a member of Newjeans undertakes in independent activities, each member has to pay for violation of 1 billion billion for violation.” If all five members participate together, the damage could reach up to 5 billion KRW.

This amount seems to have been determined on the basis of Newjeans‘Investment costs, revenue, operating profits and regulation amounts.

Newjeans takes control of Hong Kong

The Court also noticed an event on March 23, when Newjeans The members performed with the new name of the “Njz” group at the Hong Kong complex, where their new song “Pit Stop” debuted. The Court considered a violation of the preliminary draw that requires compliance with the exclusive contract.

The main cause intended by Ador to confirm the validity of the exclusive contract is still in progress. Although this sentence is a temporary measure pending the final sentence, the fact that the Court has recognized the validity of the contract for now and imposed execution measures is noteworthy.

Newjeans Njz

As the main cause advances, the temporary recognition of the validity of the contract and the application measures report a critical moment for a critical moment NewjeansFuture activities.

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