3-line summary) Legal perspective on contract termination without legal action

New Genes announces ‘contract termination without legal action’
Table Legal Perspective [Dig into]
Entered 2024.71.30. 8.01 am
Original text of article
Reporter Kim Soo-jeong
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TL;DR
Failure to take follow-up measures such as provisional disposition to suspend exclusive contract
It’s revealed that it’s a cat
Idiosyncratic behavior in dispute cases between artists and agencies
paper
Adore ‘violated’ the exclusive contract and it was not ‘corrected’
Claims that it will eventually be ‘terminated’
Emphasis on reasons attributable to the agency, mention of trademark rights, etc.
Evaluated as “enemy”

Noh Jong-eon, the representative lawyer of Existence Law Firm, spoke to CBS Nocut News on the 29th.
He evaluated this press conference as “extremely degrading.”
Non “Even if the ruling comes 1-2 years later, the court will
28 Passively judging whether an action is benevolent or boring
Structure: From Newgenes’ perspective, ‘the contract will inevitably be terminated.’
“If you have confidence, you can do that,” he said:
The reason for the injunction to suspend the exclusive contract is the artist in question.
‘Business’ reasons, such as who to communicate with when working with
Lawyer Noh said, “New Genes is in a relationship with advertisers.”
It’s like leaving the decision to the lawsuit. Choose between New Jeans and Adore
The reason this is possible is because New Jeans has enormous purchasing power.
“Because they are global idols,” one analysis said.

In that case, as announced by Newgenes, the ‘contract termination’ was safely completed.
Lawyer Noh said, “In the exclusive contract, ‘Artis’
There is a duty to protect the company, and that is the best thing the agency can do.
It is a strong obligation. However, the content ‘Let’s throw away Newjin Stel’ is
“It was revealed through the Eve document,” he said, adding, “The contract was terminated.”
“The probability is very high,” he predicted:
Lawyer Noh said, “It is an objective and
If there is a serious situation, there is no question of who is more at fault.
“It is a Supreme Court precedent that a contract can be terminated,” he said.
There is no possibility that Adore’s range of maneuver will be narrowed, he said.
“Public opinion did not follow through with the Hive document, etc., but Adore took the lead.
It is not burdensome to file a temporary injunction against Newjinstle to suspend activities.
Ketna” is the preceding line:

Lawyer Noh said, “If the penalty is both parties’ fault, there will be no penalty.”
Possible: If one party is largely at fault, that party will be subject to a penalty.
In the facts that have unfolded, including the release of the Hive document,
It is Hive Adore’s fault more than New Jeans’ fault.
“The current situation” is the previous line:

Article 8 of the revised standard contract (award upon termination of contract for trademark rights, etc.)
The direction of utilization of mark and design rights is specified: ‘Promoter’
The trademark rights acquired by the singer belong to the singer who was active as a member of the group.
In this case, rights according to the contents of the agreement between the agency and group members
Transfer is possible: the ‘promoter’ may spend a significant amount of money on developing the name.
In case of ‘special contribution’ such as investing money, transfer the rights
The ‘promoter’ demands an appropriate compensation from the ‘singer’.
It also appears that you can:
Lawyer Noh said, “In the past, when an idol’s contract was terminated, the group
Although there are many cases where the name cannot be used, the revised standard contract form is a contract.
Even if this is terminated, if the appropriate amount is calculated and paid to the agency,
“We made it possible to use the ticket,” and this part says, “Yesterday’s
I didn’t listen to any legal advice during my self-confession and said, ‘The kids are just jealous.
There was a response that said it was everything, but he emphasized that it was absolutely not the case: