Courts Side With Kang Daniel To Suspend Exclusive Contract With LM Entertainment
We may be able to see Kang Daniel back on stage soon!
Kang Daniel’s legal representative Yulchon LLC released an official statement on May 10 regarding the legal dispute they are currently in with LM Entertainment. Their statement reads as follows:
This is lawyer Yeom Yong Pyo of Yulchon LLC, the legal representative of singer Kang Daniel.
On March 19, Kang Daniel filed an injunction to the Seoul District Courts to suspend his exclusive contract with his agency, and on May 10, the courts have reached the verdict to accept his request.
As a result of the Seoul District Courts’ decision to accept his request, Kang Daniel will be able to pursue independent activities as a celebrity.
The courts found that the joint business contract LM Entertainment signed with a third party on January 28, 2019 was a contract that transferred the majority of management rights for Kang Daniel to a third party. As Kang Daniel had not been contacted for prior consent, LM Entertainment’s actions not only went against the exclusive contract, but they also broke the trust that is the foundation of the exclusive contract. Therefore, it was decided that LM Entertainment’s actions made it difficult to maintain a relationship between the agency and Kang Daniel.
As a result, the exclusive contract between Kang Daniel and LM Entertainment has been suspended, and LM Entertainment must not interfere in Kang Daniel’s activities, and they must not negotiate or sign contracts on his behalf or require him to pursue activities on their behalf.
However, the legal dispute may not be over as LM Entertainment responded to the court rulings by stating, “We plan to appeal the decision.”