NewJeans Announces Termination of Contract with ADOR… Legal Dispute Anticipated?

Recently, NewJeans announced the termination of their exclusive contract with ADOR, raising the possibility of ADOR pursuing legal action, according to legal experts. This incident has garnered significant attention and is being closely watched by the Korean entertainment industry.

On November 28, the members of NewJeans held an emergency press conference in Gangnam, Seoul, and officially announced the termination of their contract with ADOR. They stated, “All reasons for the contract termination lie with HYBE and ADOR,” and declared, “We will continue our activities independently.” This announcement has become a hot topic among fans and industry insiders.

Attorney Jo MyeonSik from Law Firm Gate shared his legal perspective on this matter through his social media. He explained, “NewJeans demanded ADOR to rectify violations within the correction period and notified the contract termination for this reason,” and added, “If ADOR fails to remedy the contract breach, they can exercise their legal right to terminate the contract.” Attorney Jo also noted, “ADOR might contest NewJeans’ unilateral contract termination notice and could file a claim for damages,” but analyzed, “The likelihood of the court ruling for astronomical damages is low.”

This case will be an opportunity to reexamine the importance of contracts and the complexity of legal procedures in the entertainment industry. Depending on the future responses of NewJeans and ADOR, there may be significant shifts in the landscape of the Korean entertainment industry. There is also a possibility that other issues might arise depending on how events unfold. Fans and industry professionals need to closely monitor their next steps.

This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.