Here’s the trans of BizHankook’s article.
For those confused what a provisional seizure is, it basically means the assets they mentioned are frozen. This doesn’t mean SM “owns” them but CBX can’t do any changes with these assets until the court issues it’s final decision. It also doesn’t mean SM “automatically” gets them if the court rules against CBX, the court can give CBX an option to pay their “debts” through cash.
SM has reportedly requested a large-scale asset freeze against #Chen#Baekhyun and #Xiumin. The related assets are revealed to be:
- Chen's 300 million Won house deposit
- Baekhyun's apartment in Guri (1.6 billion Won)
- Xiumin's apartment in Yongsan (700 million Won)
This request is connected to the 10% of their activities payment that has reportedly been agreed upon by both sides in June 2023
https://t.co/sN0G2DwLRw #KoreanUpdates RZ
We are with you in this fight, and we stand by your side every step of the way. You are not alone, and we fully support you through every challenge that comes your way.❤️💙💚
#언제나CBX와함께하세요#ALWAYSWITHCBX
엑소 ‘왕의 귀환’ 채비는 끝났다! 오늘 정규 8집 ‘REVERXE’발매
타이틀 곡 ‘Crown’ 장착…# 왕관의 무게 # SMP 스타일 # 헌정곡
오후 6시 음원·MV 공개 → 7시 30분 온오프라인 쇼케이스 개최
https://t.co/Cpf9CnBILc
#EXO#엑소#weareoneEXO#Crown#EXO_Crown#REVERXE