FIFTY FIFTY Files To Suspend Exclusive Contracts With ATTRAKT
The four members of FIFTY FIFTY have released a statement through their legal representative regarding their exclusive contract.
On June 28, FIFTY FIFTY released an official statement through their legal representative law firm BARUN stating that they filed for provisional disposition suspending the validity of their exclusive contracts, claiming that their agency ATTRAKT violated contract terms.
Below is the full statement from FIFTY FIFTY’s legal representative BARUN:
This is an announcement from law firm BARUN, the legal representative of FIFTY FIFTY’s Saena, Keena, Aran, and Sio.
Through their legal representative, the four members filed an application for provisional disposition suspending the validity of their exclusive contracts to the Seoul Central District Court on June 19, and the trial is currently underway. This is due to the fact that ATTRAKT violated contract terms and took actions that resulted in the destruction of a relationship based on trust.
The members have not responded as the trial is underway. The legal representative pointed out several problems that have occurred until now and sent a correspondence requesting correction, but ATTRAKT is discrediting the members through continuous media coverage without attempting to explain regarding the requests, so we released this statement.
Despite our young age, the four members have tried our best to think and behave independently. After sufficient discussion with our parents, we came to raise the issue with the help of our legal representative. Nevertheless, ATTRAKT is not listening to the voices of the members, saying that it was an attempt to extort the members by an external force and arbitrarily disclosing the reason for a member’s surgery without consulting with her while they are unable to clearly explain their breach of contract. The members were highly disappointed and frustrated seeing this situation.
The members raised issues about various circumstances in which ATTRAKT did not fulfill contractual obligations, such as non-transparent settlement and the unilateral attempt to enforce [scheduled activities] despite [the members] conveying their poor health conditions. We would like to make it clear that this is an independent decision by the four members in unison without any intervention of a third party.
The members are well aware of how important this period is and are aware of the concern of many people around them. When we first started training, we were determined to become artists who could make a positive influence. We, the four members, did not go along with or maintain silence about wrongdoings. Without falsehood and without external pressure, we made this decision just to take the high road of our own.
At least going forward, We request that ATTRAKT does not defame the FIFTY FIFTY members anymore at least going forward.
The four members just want to go back to the fans who support us as soon as possible. Even after this, we promise that we will become more independent and diligent artists.
Last week, ATTRAKT announced that it would be taking legal action against Warner Music Korea for allegedly approached FIFTY FIFTY with the intention of persuading them to violate their exclusive contracts with their current agency. However, Warner Music Korea denied the claims, and on June 27, ATTRAKT released an additional official statement announcing that it had filed criminal charges against Ahn Sung Il, the CEO of creative content development group The Givers, as well as three other individuals.