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ADOR issues statement following court ruling on NewJeans contract dispute

AKP STAFF
Posted by Demian09 5 hours ago 19,507

On October 30, ADOR released a statement following a favorable court ruling in their lawsuit to confirm the validity of exclusive contracts with NewJeans.

The Seoul Central District Court’s 41st Civil Division ruled in favor of ADOR, affirming that the exclusive contracts between the agency and the artists remain legally binding.

In the statement, ADOR emphasized that the court found the agency did not violate any obligations as a management company, and that attempts by the artists to terminate the contracts on the grounds of a breakdown in trust were not justified.

“Today, the court ruled that the exclusive contracts between our company and our artists NewJeans remain valid. The court determined that our company did not violate any obligations as a management agency and that any attempt to break away from the exclusive contracts by citing a breakdown in trust should not be permitted. We are deeply grateful for the court’s decision,” the statement read.

The agency noted that since the artists sought to terminate their contracts in November of last year, they have carefully followed all legal proceedings, including the main lawsuit to confirm contract validity, injunction applications, and appeals throughout the past year.

“For nearly a year, the court has consistently ruled in multiple related cases that our company holds the position of management agency under the exclusive contracts and that the artists are to carry out entertainment activities with us,” ADOR said.

The company expressed hope that the ruling will encourage the artists to reconsider the situation calmly and reaffirmed its commitment to its responsibilities under the contracts. ADOR also confirmed preparations for future activities, including the release of a full-length album, and promised to work closely with the artists to return to fans as soon as possible.

SEE ALSO: ADOR celebrates 3rd 'Bunnies Day' with special NewJeans animation

  1. NewJeans
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