eunha has such a strong presence as a solo artist that the moment you hear her version of a song, you become even more obsessed with it, no matter how good the original already is. that’s why i really hope her new company gives her more opportunities to release solo music.
[NEWS] 260606 - Exclusive: VIVIZ wins injunction against Big Planet Made… Court acknowledges ‘unpaid settlement money’
“With this decision, VIVIZ will be able to continue independent activities while the main lawsuit proceeds, and the path has also opened for the group to freely explore the direction of its future activities.
On the 5th, the Seoul Central District Court’s 50th Civil Agreement Division, presided over by Judge Lee Sanghoon, fully accepted the application for an injunction to suspend the validity of the exclusive contracts filed by the three VIVIZ members against BPM.
In its decision, the court ruled that “the effect of the exclusive contracts concluded between the creditors and the debtor shall be suspended until the judgment in the main case is delivered.” It also ordered that the agency must not negotiate or conclude contracts with third parties against the members’ wishes, demand that the members engage in entertainment activities, or request that third parties prohibit the members from carrying out activities.
On March 4, VIVIZ notified the agency of the termination of their exclusive contracts, citing the agency’s failure to fulfill its obligation to pay settlements, failure to provide management support, and the resulting breakdown of trust between the parties. Since then, both sides have continued a legal battle over the validity of the exclusive contracts.
According to the decision, the court cited the agency’s failure to pay the promised settlement money as a key basis for its judgment.
The court determined that the settlement money owed to each VIVIZ member was more than 100 million won, stating that “it is reasonable to view the debtor as having violated its obligation to pay settlement money.”
During the trial, the agency argued that it had difficulty paying the settlement money due to an attempted management-rights takeover by outside forces and false media reports concerning Chairman Cha Gawon. However, the court did not accept this argument. The court found that “the attempted management rights takeover by outside forces and false media reports are merely circumstances unrelated to the creditors.”
The issue of providing settlement records was also a point of dispute. The court pointed out that the settlement statements provided by the agency only listed the amounts of revenue and expenses, without attaching specific supporting materials such as tax invoices and receipts. It also noted that the agency had not provided the related documents afterward or explained how the members could access them.
Attorney Woo Honggyun of Shinwon Law Firm, the legal representative for VIVIZ, said, “The court has decided to fully accept the creditors’ claims,” adding, “The unpaid settlement amount specified in the decision is only part of the total, and we plan to expand the claim during the main lawsuit.”"
🔗https://t.co/mpkpJ9jEH3
#GFRIEND #VIVIZ @VIVIZ_official
#VIVIZ#BEO#LeeMuJin have all reportedly notified their agency, Big Planet Made, of the termination of their exclusive contract. The reason cited is a serious breach of contract, which resulting breakdown of trust.
CEO #ChaGaWon is reportedly currently not able to accept the termination notices from them. However, given the circumtances (the negligence of BPM), it appears clear that they are highly likely to be accepted for the contract termination without significant difficulty.
https://t.co/TmpFZoJ6Qi
#KoreanUpdates VF
[📰] - #VIVIZ, Lee Mujin, and BE'O notify the termination of exclusive contract...an unprecedented reduction
Following the termination of the exclusive contract between Taemin and The Boyz, girl group #VIVIZ and singer Lee Mujin and BE'O will also leave CEO Cha Gawon.
According to the report of 'The Fact' on the 19th, VIVIZ (Eunha SinB Umji), Lee Mujin, and BE'O notified their agency Big Planet Made Entertainment of the termination of their exclusive contract. This is because of the serious breach of exclusive contract and the resulting breakdown of trust relationship. The two teams have been trying to hear a convincing answer from CEO Cha, but they have not recovered their trust relationship in the end.
CEO Cha has not been able to accept the notice of termination of the exclusive contract with VIVIZ, Lee Mujin and BE'O. However, as Big Planet Made Entertainment's negligence seems clear as it is not even able to provide basic support to its artists, it is highly likely that the termination of the exclusive contract will be accepted without much difficulty.
As previously reported by The Fact, Big Planet Made Entertainment is not only in a state of complete capital erosion, but has not been able to settle accounts with singers since the third quarter of last year. It is virtually impossible to support singers as well as their activities in the future as billions of won in unpaid bills are piled up for partner companies and staff.
#VIVIZ #EUNHA #SINB #UMJI #비비지 #은하 #신비 #엄지 @VIVIZ_official
[NEWS] 260319 - VIVIZ, Lee Mujin, BE’O have reportedly notified their intent to terminate their exclusive contracts with Big Planet Made
“The reason cited is a serious breach of contract and the resulting breakdown of trust. The artists reportedly made efforts to hear a satisfactory explanation from the CEO, but ultimately the trust was failed to be restored.
In response, BPM stated: “No final decision has been made regarding the termination of exclusive contracts for VIVIZ, Lee Mujin, and BE’O.”
🔗https://t.co/lUBj4A5bcY
#GFRIEND #VIVIZ @VIVIZ_official