28

0

News

SM Entertainment lawsuit against EXO's ChenBaekXi to hold first mediation

AKP STAFF
Posted by Sophie-Ha 2 hours ago 1,911

The 600 million KRW (approx. 430,837 USD) civil lawsuit between EXO members Chen, Baekhyun, and Xiumin (ChenBaekXi) and SM Entertainment over exclusive contracts will enter court mediation.

According to a September 22 legal community report, back on September 1, the 15th Civil Division of the Seoul Eastern District Court referred SM Entertainment's lawsuit for contract enforcement, along with ChenBaekXi's countersuit, to mediation.

The first mediation session will take place on the 23rd at 2:45 PM KST at the Seoul Eastern District Court.

Previously, in June last year, SM Entertainment filed a lawsuit against the ChenBaekXi members, arguing that "the exclusive contracts are still valid." At the time, the complaint reportedly stated that "SM can no longer tolerate ChenBaekXi’s unreasonable behavior."

ChenBaekXi responded with a countersuit, claiming they had "not been properly provided with settlement documents." Through their agency INB100, they argued that "SM failed to uphold its promised 5.5% distribution fee rate for albums and music," and further contended that the agreement requiring them to pay 10% of their individual earnings was unfair.

SEE ALSO: EXO signals long-awaited group comeback with mysterious teaser referencing their debut era

  1. EXO
  2. Baekhyun
  3. Chen
  4. Xiumin
1,911 Share 100% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Jun Ji Hyun
BoA
Jewelry
Lee Hyori
 Lee Hanee
BTS, V, RM
2PM, Wooyoung
Bang Si Hyuk
BABYMONSTER
EXO, Baekhyun, Chen, Xiumin
Jun Ji Hyun
Bang Si Hyuk
EXO, Baekhyun, Chen, Xiumin
WJSN (Cosmic Girls), Dayoung
BTS, V
New Message

SEND