◆SM States "JYJ-CJeS Exclusive Contract is Invalid
5 member group TVXQ, who appear to be walking down the same path as the epitome of idol groups, HOT, has been swept up in a dual contract controversy.
With JYJ's debut album on the verge of being released offline, TVXQ's agency SM Entertainment revealed on the 13th that, "There is a possibility that the current series of events may lead to another legal dispute," and "We filed an injunction to the Courts on the 8th to stop all sales of their album."
SM revealed that, "We filed an exclusive contract suspension and album sales prohibition injunction to the Seoul District Courts against JYJ (Kim Junsu and two others) and CJeS Entertainment (CEO Baek Chang Joo)," and "JYJ's actions of signing a dual exclusive contract with CJeS Entertainment, even though the verdict has not been made on the lawsuit involving their current and still valid exclusive contract, they are violating the primal purpose of the verdict laid down last October regarding their injunction."
SM added that, "It has been clearly revealed that the contract between CJeS Entertainment and JYJ is a dual contract. By releasing their albums through CJeS Entertainment, there is a high possibility that this may lead into an unexpected third party legal dispute with for example, the album distribution company, depending on the verdict laid down on the lawsuit regarding the validity of their current exclusive contract."
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Source: [newdaily]
Translation credits: jeeelim5@tohosomnia.net
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5 member group TVXQ, who appear to be walking down the same path as the epitome of idol groups, HOT, has been swept up in a dual contract controversy.
With JYJ's debut album on the verge of being released offline, TVXQ's agency SM Entertainment revealed on the 13th that, "There is a possibility that the current series of events may lead to another legal dispute," and "We filed an injunction to the Courts on the 8th to stop all sales of their album."
SM revealed that, "We filed an exclusive contract suspension and album sales prohibition injunction to the Seoul District Courts against JYJ (Kim Junsu and two others) and CJeS Entertainment (CEO Baek Chang Joo)," and "JYJ's actions of signing a dual exclusive contract with CJeS Entertainment, even though the verdict has not been made on the lawsuit involving their current and still valid exclusive contract, they are violating the primal purpose of the verdict laid down last October regarding their injunction."
SM added that, "It has been clearly revealed that the contract between CJeS Entertainment and JYJ is a dual contract. By releasing their albums through CJeS Entertainment, there is a high possibility that this may lead into an unexpected third party legal dispute with for example, the album distribution company, depending on the verdict laid down on the lawsuit regarding the validity of their current exclusive contract."
(omitted)
Source: [newdaily]
Translation credits: jeeelim5@tohosomnia.net
Shared by: tohosomnia.net
Do not remove/add on any credits
Spanish Translation / Traducción al Español
◆SM Declara "Contrato Exclusivo de JYJ-CJeS es Inválido
El grupo TVXQ conformado por 5 miembros, que parecía estar caminando por el mismo camino como el epítome del grupo ídolo, HOT, ha sido arrastrado en una cntroversia de doble contrato.
Con el álbum debut de JYJ que está a punto de ser lanzado, la agencia de TVXQ, SM Entertainment, reveló el 13 que, "Hay una posibilidad de que la serie de eventos pueda llevarse a otra disputa legal," y "Presentamos un interdicto a la Corte el 8 para detener todas las ventas de su álbum."
SM reveló que, "Presentamos uninterdicto de suspensión del contrato exclusivo y la prohibición de las ventas del álbum a la Corte Distrital de Seúl contra JYJ (Kim Junsu, Park Yoochun y Kim Jaejoong) y CJeS Entertainment (CEO Baek Chang Joo)," y "Las acciones de JYJ de firmar un contrato doble con CJeS Entertainment, a pesar de que el veredicto del juicio que estan invlucrados actualmente no ha sido hecho y aún nuestro contrato exclusivo es válido, ellos estan violando el propósito primordial del veredicto parcial establecido en Octubre pasado con respecto a su medida cautelar."
SM añadió que, "Se ha revelado claramente que el contrato entre CJeS Entetainment y JYJ es un contrato doble. Lanzando sus álbumes a traves de CJeS Entertainment, hay una gran posibilidad de que esto pueda llevarse a una inesperada disputa legal con una tercera parte por ejemplo, la compañía distribuidora del álbum, dependiendo el veredicto establesido en el juicio sobre la validez de su actual contrato exclusivo."
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Fuente: [newdaily]
Trad al Ingles: jeeelim5@tohosomnia.net
Trad al Español: 2uangels.blogpsot.com
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