EXO-CBX vs INB100, Legal Battle Over Exclusive Contract… First Hearing Postponed to December [Star Issue]

*This content was translated by AI.View Original

The first trial on the merits regarding the exclusive contract dispute between EXO unit EXO-CBX (Chen, Baekhyun, and Xiumin) and their agency INB100 has been postponed to December.

According to legal sources on the 4th, the 24th Civil Division (Collegiate) (Na) of the Seoul Central District Court had originally scheduled the first hearing for the lawsuit filed by EXO-CBX against INB100 seeking a declaration of non-existence of their exclusive contract. However, the date has been changed to December. It was confirmed that the defendant’s side submitted an application to change the court date to the court on the 30th of last month.

Previously, they notified INB100 in March of terminating their exclusive contract, citing reasons such as non-payment of the deposit and settlement funds. INB100 is a company established by Baekhyun in June 2023, and it was incorporated into the One Hundred Label label founded by CEO Cha Ga-won in May of the following year.

After the agency did not respond, EXO-CBX filed an application for an injunction to suspend the effect of their exclusive contract, along with a lawsuit seeking a declaration that the exclusive contract is invalid, on August 18 last month.

The court panel granted this, ruling that “INB100 has failed to pay settlement funds to date, and the mutual relationship of trust has been broken due to INB100’s fault.” The effect of the exclusive contract will be suspended until the first-instance judgment is rendered in the case seeking a declaration of non-existence of the exclusive contract.

Additionally, INB100 was prohibited from concluding contracts with third parties such as broadcasters against the will of EXO-CBX or demanding that they perform their entertainment activities. Actions obstructing EXO-CBX’s independent entertainment activities were also banned.

In this trial on the merits, legal judgments are expected to be made regarding the grounds for contract termination by both sides and the validity of the exclusive contract. With the first hearing postponed to December due to the defendant’s application to change the date, attention is focused on what arguments both sides will present in court.

Meanwhile, CEO Cha was detained in August last month on charges of fraud involving 30 billion won. The One Hundred Label label is facing conflicts with its affiliated artists, including Lee Seung-gi, Lee Mu-jin, and The Boyz, over non-payment of settlement funds. In particular, the label has been sued for failing to pay a 10.5 billion won deposit for Lee Seung-gi last month.

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*This content was translated by AI.View Original