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TWICE NAYEON won the 600 million debt investment trial…Court “Lack of evidence of promise to pay you back when you debut”

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I acknowledge that I have provided KRW 600 million for 12 years

Court “lack of evidence to admit it’s a loan”

JYP said, “There’s no reason to reveal it”

image text translation

(1)I’m finally going to take the MBTI test today

Nayeon 28, a member of girl group TWICE, won a lawsuit for default on debt worth 600 million won

Nayeon’s mother’s old lover A filed a lawsuit, saying, “Pay back the 600 million won borrowed from Nayeon,” but lost

According to legal circles on the 19th, Choi Yong-ho, head of the 13th Civil Affairs Department of the Seoul Eastern District Court, ruled that A lost the loan suit filed by A against Nayeon’s mother

The court acknowledged that A remitted more than 500 million won to Nayeon for 12 years

But

It is judged that there is not enough evidence to recognize this as a loan

I did

According to the ruling, A remitted 535,908,275 won to Nayeon for 12 years from August 2004 to June 2016

In addition, Nayeon and her mother paid 115,612,093 won with a credit card under A’s name for six years from March 2009 to February 2015

Nayeon debuted as TWICE in October 2015

Mr. A filed a lawsuit against Nayeon and her mother in January last year

At the trial, he claimed, “At the request of Nayeon’s mother at the time, I lent necessary funds such as living expenses,” adding, “I promised to pay back the money when Nayeon, who was a trainee, debuted as a singer, but Nayeon broke her promise.”

Two of A’s acquaintances attended the court as witnesses and made statements in favor of A

They said, “A usually said that if Nayeon debuted, Nayeon promised to pay back the money she had supported.”

However, the court did not acknowledge Mr. A’s claim

The court acknowledged that Mr. A provided KRW 600 million worth of money to Nayeon for 12 years

However, he said, “There is no evidence to admit this as a loan,” adding, “Considering the details of the amount of the number of money transactions, it is difficult to say that A and Nayeon agreed to return it.”

Considering that A and Nayeon’s mother were in a relationship at the time, it cannot be concluded as a loan, he said. “Considering that the name is monthly rent, communication, loan, and tuition, it can be seen as being paid for living expenses.”

Furthermore, the court said, “Mr. A also claims that he expected Nayeon to receive money back when she debuted as a singer,” and added, “It is difficult to say that all the payments were loans.”

Hwang Sung-hyun, a lawyer who reviewed the ruling, said, “A seems to have simply done a favor in hopes of Nayeon’s success,” adding, “Even if I expected Nayeon’s debut, I lost because I couldn’t prove it with objective evidence such as an IOU.”

Nayeon’s agency, JYP Entertainment, said in a telephone interview with Herald Business that it “has no position to disclose the ruling separately.”

Currently, this ruling has been finalized. Mr. A has not appealed against the first trial’s ruling

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a three-line summary

1 Nayeon’s mother’s man, who was in a de facto marriage, supports Nayeon’s family for 10 years, and gives her a card to use Nayeon’s mother and Nayeon

2 She promised to pay back when Nayeon debuted, but she never paid back more than 500 million won even though it’s been a while since her debut

3 So, he sued, but it was not recognized as a loan because he did not use an IOU, so he lost

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