The Seoul Central District Court has dismissed former EXO member Tao's lawsuit which asked to reexamine the exclusive contract between him and SM Entertainment.
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The following is SM Entertainment's official statement:
"Hello, this is SM Entertainment.
On April 28, 2017, the Seoul Central District Court concluded the dismissal of Tao's claim to reexamine the efficiency of his exclusive contract. As a result, his entire lawsuit has been made void.
SM Entertainment welcomes the court's decision, and promises to carry out even more active business in China and Asia. Through this decision, we also hope that a system of abiding by the terms of fair entertainment contracts will be practiced widely, and expect further developments in the progress of entertainment industries in Korea, China, and the rest of Asia."
Tao filed to leave EXO and SM Entertainment back in August of 2015, and previously also lost a lawsuit regarding a temporary payment claim. This latest decision seems to declare SM Entertainment the overall victor of the lawsuits.
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