[Exclusive]Park Yoo-chun, who suddenly entered the country, was obliged to compensate 500 million won..Former agency's lawsuit is withdrawn

*This content was translated by AI.

A lawsuit for 500 million won worth of damages filed against singer and actor Park Yoo-chun, who has been active in Japan since the reversal of his retirement from the entertainment industry, was abruptly withdrawn after the Supreme Court appeal, and the case was closed. As a result, Park Yoo-chun's obligation to compensate also disappeared.

According to a report by Star News on the 16th, it was confirmed that the lawsuit filed by management company Loudfun Together against Park Yoo-chun and his former agency, Li Cielo, was dropped on the 8th. Park Yoo-chun, who filed a counterclaim, also withdrew the lawsuit. As a result, the obligation to pay 500 million won and delayed interest payments following the second trial ruling disappeared.

A legal official explained to Star News, "Since the plaintiff withdrew the lawsuit against some of the defendants, their obligation to pay according to the second trial ruling also disappears."

Earlier, the Seoul High Court's Civil Division 8-1 ruled on September 25 last year that "defendants should jointly pay 500 million won and delayed interest" in a lawsuit filed by Loudfun Together against Park Yoo-chun and Li Cielo.

As in the first trial, the second trial judged that Park Yoo-chun's entertainment activities through other management companies without prior consent from Loudfun Together were grounds for violation of the exclusive contract and provisional injunction decision.

Accordingly, Park Yoo-chun filed an appeal against the second trial's ruling in October last year through his legal representative. However, after being transferred to the Supreme Court, the case was closed with the withdrawal of Park Yoo-chun and Lee Cielo.

Loudfun Together received exclusive management rights from LiCELO in 2020 until 2024. However, in May 2021, Park Yoo-chun demanded the termination of the exclusive contract and when Loudfun Together did not respond to his request, he unilaterally notified the termination of the contract and continued his entertainment activities through another management company A operated by an acquaintance.

In August 2021, Loudfun Together filed a provisional injunction against Park Yoo-chun to ban entertainment activities on TV and received a citation ruling. Nevertheless, Park Yoo-chun did not stop performing and advertising activities, and even though the second trial ruling came out, he recently disclosed his recent return from Japan.

In the meantime, Park Yoo-chun has suspended his activities in Korea due to repeatedly causing controversy over false press conferences related to methamphetamine administration, legal disputes with his agency, and high tax arrears.

First, Park Yu-cheon was listed in 2016 for failing to pay a total of five taxes, including capital gains tax. The total amount of arrears is 409 million won.

In addition, Park Yoo-chun was arrested in 2019 for taking methamphetamine and sentenced to 10 months in prison and two years of probation. At the time, Park Yoo-chun held a press conference denying the drug charges and insisted on his innocence, saying, "I will retire from the entertainment industry (if the charges are true), but everything he said turned out to be false.

In 2023, he was listed on the list of 7966 high-value and habitual delinquents disclosed by the National Tax Service, 41 organizations that received unfaithful donations, and 31 tax evaders. High and frequent delinquents are those who did not pay more than 200 million won in national taxes until a year passed from the date of the arrears, and those who did not pay taxes or appeal to the National Tax Service's earlier request for payment encouragement and clarification.

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*This content was translated by AI.