Yuri Holdings is currently under suspicion as a parent company to club 'Burning Sun', which recently halted operations following various illegal, controversial activities. Up until this month, Seungri served as co-CEO of Yuri Holdings alongside Mr. Yoo.
Park Han Byul's side has spoken up in response to the above reports with a simple statement, relaying, "It's true that [Seungri and Mr.Yoo] are business partners. As previously reported, Seungri recently resigned as CEO of Yuri Holdings, and in all honesty, Park Han Byul's husband has suffered nothing but damages due to the controversial incident." After Seungri's resignation, Mr. Yoo now holds the sole title of CEO at Yuri Holdings.
Yuri Holdings is also named after both Seungri and Mr. Yoo, by combining their last names: "Yoo-Lee Holdings", simplified into Yuri Holdings.
Meanwhile, Park Han Byul will be greeting viewers through a new MBC drama 'Love In Sadness'.