Park Yoo-chun, the shackles thought to be broken.. Former agency: "Lawsuits and tax arrears completed? Not at all" [Star Issue]

*This content was translated by AI.

Singer and actor Park Yoo-chun announced that he has resolved his legal dispute with his former agency and diligently paid all outstanding taxes, resulting in his name being removed from the list of tax defaulters. However, his former agency has refuted this claim.

Park Yoo-chun's former agency, Logbook TV, stated via its official SNS recently: "We have sent a formal notice to the opposing party and their legal representatives demanding immediate correction of false statements and an official apology. However, no corrections or modifications have been made to date, so we are making the facts public."

Regarding Park Yoo-chun's claim that criminal proceedings have concluded, the agency explained: "The cases involving Park Yoo-chun, his younger brother Park Yu-hwan, and Kids N Entertainment were transferred to the Namyangju Branch of the Uijeongbu District Prosecution Service on June 15. Investigations are currently ongoing at the Prosecution Service, and criminal procedures continue."

Furthermore, "The explanation that all exclusive contract disputes have been concluded is also factually incorrect. Park Yoo-chun's side argued that the dispute should be resolved through arbitration proceedings rather than civil court, based on an arbitration clause in the exclusive contract. The court accepted this argument and ruled that resolution must follow arbitration procedures. This does not mean the dispute was terminated; it merely established the procedure and jurisdiction for resolving the conflict."

Additionally, "The exclusive rights dispute is still ongoing, and legal disputes arising from unauthorized departure have not been concluded either." However, the former agency added: "Although Park Yoo-chun's whereabouts could not be determined after he left the company without authorization, causing prolonged delays in procedures, we plan to actively proceed through his legal representatives moving forward."

Especially regarding high-value tax arrears, they asserted: "The claim that all issues have been resolved and removed from the list of high-value defaulters is also factually incorrect. As of July 9, the National Tax Service's public data still shows Park Yoo-chun on the list of high-value and habitual defaulters."

The former agency warned: "There has been no termination of the exclusive rights dispute between us and the opposing party. No legally valid termination has occurred. We will proceed with disciplinary action against the opposing party's lawyer through the Korean Bar Association for distributing false information in the form of a press release. We also plan to take all possible civil and criminal legal actions regarding defamation, obstruction of business, and other damages."

Park Yoo-chun was sued by his former agency for breach of exclusive contract, seeking approximately 500 million won in damages. Additionally, it was reported that he had failed to pay about 400 million won in taxes, including capital gains tax from 2016, after being included in the National Tax Service's list of high-value and habitual defaulters released in 2023.

However, according to recent reports by Japanese media such as Sports Nichi Annex, Park Yoo-chun's current agency announced on the 30th of last month that "all various lawsuits in Korea that had been ongoing for a long time have been peacefully concluded."

Park Yoo-chun's legal representative also confirmed that the legal dispute with his former agency has been resolved, stating: "The agency plans to fully support Park Yoo-chun's future entertainment activities and will actively promote various fields including album releases, concerts, fan meetings, and TV appearances."

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*This content was translated by AI.