According to insiders, all 7 members recently filed a cancellation of their exclusive contract with the label to the Seoul Central Court. If everything goes well, their cancellation will be decided by the end of this month.
The label's CEO had been arrested for fraud earlier this year, and all the staff of the label had deserted the company. Becuase of this, the Mad Town members have been unable to do anything.
It's also been reported that Jung Si Hyun, who was on 'Produce 101' as a GNI Entertainment trainee, has been able to leave the company to join another.
Hopefully everything goes well for Mad Town.