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[INFO] 091103 Summary of the Judgment of JaeChunSu's Petition for Preliminary Injunction
Wednesday, November 04, 2009 | posted by Kiki 임초히
091103 Summary of the Judgment of JaeChunSu's Petition for Preliminary Injunction to Void Exclusive Contract
What JaeChunSu want - their exclusive contract declared as null and void [i.e. ineffective]
Current stage of proceedings – Preliminary Stage, still needs to wait for actual trial
What was granted – temporary suspension of the exclusive contract + JaeChunSu can engage in independent activities + SM cannot compel JaeChunSu to participate in entertainment related activities (otherwise it has to pay $10,000,000 per violation)
Why - “basic relationship of trust that is the foundation ...has already crumbled” (3B) and if the actual trial was prolonged, JaeChunSu would basically be receiving little or no income if they were not allowed to pursue independent activities
Why the rest of was not allowed – because possiblitiy that TVXQ may continue as a group + ratio of distribution of revenue are difficult to calculate (3C)
On the issue of 1,000,000,000 KRW – the reason why the Court needs JaeChunSu to pay a deposit (or a bond insurance) is because in the case where SM wins, the court has to ensure that they have enough money to compensate SM (it is a common practice to request the party with a weaker financial position to provide security)
VERY VERY Important points raised by the Court in its reasoning –
➜ On negotiating powers when accepting the contract – ONE SIDED
o 2B1 – The Court rejected SM’s claim that JaeChunSu has equal or superior negotiating powers in accepting the contract.
o 2B5 – “an extremely one-sided contract”
➜ On the 13 years contract period – EXCESSIVE
o 2B2 – the earliest date the contract ends is 13th January, 2017 excluding the conscription period. On the length of the contract, the court commented it is the longest amongst all provided examples (apart from Boa and Yoo Young Jin’s 15 years)
➜ On the amount of damages JaeChunSu has to pay if they terminate the contract – SLAVE CONTRACT
o 2B3 – court hints that it is unfair as SM can terminate the contract without itself paying damages
o 2B4 – court concludes that the provisions on damages goes more than the original intention (of compensating the injured party i.e SM)
and instead “absolutely blocks the Petitioners [Jaechunsu] from exiting the Contract for the sole purpose of maximizing the profits of the Respondent [SM].”
“ By doing so the provisions act as a device to enslave the Petitioners to the Respondent for the abovementioned contractual period of 13 or more years and the court finds it difficult to sanction such them as they are” [seems like the court cannot help but agrees with the lay term ‘slave contract]
o 2B5 – court believes that such contracts does nothing but to solidify the monopoly of large entertainment companies in Korea
➜ Conclusion –
o The contract is “contrary to the public morals and social policy, or otherwise void because it exceeds what is rational for the length of a contractual term”
o Unless SM modifies almost all of the important parts of the contract, including the contractual period and clause on damages in case of termination, this contract is likely to be void because it imposes on JaeChunsu an “unjust burden”
➜ Afternote –
o After the entering of the original contract (you can find the dates under 1C as listed in the table), there were 5 subsequent supplementary agreements. The last agreement is dated 6th February, 2009. [note from writer – this is the point of time where JaeChunSu claims they have not been receiving income therafter. It is unknown what amendment have been made which brought forward such claim]
Credits: pinkwings @ OneTVXQ.com
Shared by: OneTVXQ.com
i hope it will end soon...
whatever the result i keep the faith... the faith will never end...
i'll with them forever...Labels: court, JaeChunSu, Lawsuit, TVXQ
TRANS] 091102 TVXQ's Participation in the Concert at Shenzhen, Last Stop for the Tour 091102 TVXQ's Participation in the Concert at Shenzhen, Last Stop for the Tour
Tuesday, November 03, 2009 | posted by Kiki 임초히
Confirmed: TVXQ will participate in the concert at Shenzhen
Before the ruling, all TVXQ members had signed as a confirmation that they will be participating in the Shenzhen Concert. This event will definitely not be affected by the conclusion of the lawsuit. Kim Jaejoong, Jung Yunho, Park Yoochun, Kim Junsu and Shim Changmin had all participated.
Regarding Kim Jaejoong’s, Park Yoochun’s, and Kim Junsu’s ability to choose their own activities, we have contacted the relevant person in-charge in SM Entertainment; the responsible person said that all five members of TVXQ have deep feelings towards Chinese Cassiopeia. The five of them could not bear to hurt their fans’ feelings. "Last 2nd of October, at the Shanghai Concert encore stage, the whole audience (Cassiopeia) was holding “Miduhyo” cloths to express their support, and this scene had touched everyone; TVXQ is not an exception. All five members will participate in the Shenzhen Encore Concert."
Confirmed: Shenzhen Concert, last stop for the tour
Since the Shenzhen stop was decided by both sides before the verdict had been signed, the performance will not be affected, regardless of the outcome of the court's decision. TVXQ will bring a full line-up scheduled appearance in Shenzhen to the Chinese fans, bringing the most exciting concert encore.
Regarding the rumours indicating that there would still be Chengdu, Guangzhou and Nanjing stops after Shenzhen, the company stated that "TVXQ’s concert in Shenzhen to be held on the 21st is definitely the 3rd Asia Tour final station. They will perform a complete line-up, and paint a successful closing for the 3rd Asia Tour."
Source: baidutvxq
Credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }
Feel free to repost, but please leave the full credits intact. Thanks!
Me Says : "oh i'm a bit relief~ ^^ they will continue to shenzen doesn't matter what the lawsuit said... God... Please Protect Them... Amin..."
Labels: court, Lawsuit, TVXQ
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[INFO] 091103 Summary of the Judgment of JaeChunSu's Petition for Preliminary Injunction
Wednesday, November 04, 2009 | posted by Kiki 임초히
091103 Summary of the Judgment of JaeChunSu's Petition for Preliminary Injunction to Void Exclusive Contract
What JaeChunSu want - their exclusive contract declared as null and void [i.e. ineffective]
Current stage of proceedings – Preliminary Stage, still needs to wait for actual trial
What was granted – temporary suspension of the exclusive contract + JaeChunSu can engage in independent activities + SM cannot compel JaeChunSu to participate in entertainment related activities (otherwise it has to pay $10,000,000 per violation)
Why - “basic relationship of trust that is the foundation ...has already crumbled” (3B) and if the actual trial was prolonged, JaeChunSu would basically be receiving little or no income if they were not allowed to pursue independent activities
Why the rest of was not allowed – because possiblitiy that TVXQ may continue as a group + ratio of distribution of revenue are difficult to calculate (3C)
On the issue of 1,000,000,000 KRW – the reason why the Court needs JaeChunSu to pay a deposit (or a bond insurance) is because in the case where SM wins, the court has to ensure that they have enough money to compensate SM (it is a common practice to request the party with a weaker financial position to provide security)
VERY VERY Important points raised by the Court in its reasoning –
➜ On negotiating powers when accepting the contract – ONE SIDED
o 2B1 – The Court rejected SM’s claim that JaeChunSu has equal or superior negotiating powers in accepting the contract.
o 2B5 – “an extremely one-sided contract”
➜ On the 13 years contract period – EXCESSIVE
o 2B2 – the earliest date the contract ends is 13th January, 2017 excluding the conscription period. On the length of the contract, the court commented it is the longest amongst all provided examples (apart from Boa and Yoo Young Jin’s 15 years)
➜ On the amount of damages JaeChunSu has to pay if they terminate the contract – SLAVE CONTRACT
o 2B3 – court hints that it is unfair as SM can terminate the contract without itself paying damages
o 2B4 – court concludes that the provisions on damages goes more than the original intention (of compensating the injured party i.e SM)
and instead “absolutely blocks the Petitioners [Jaechunsu] from exiting the Contract for the sole purpose of maximizing the profits of the Respondent [SM].”
“ By doing so the provisions act as a device to enslave the Petitioners to the Respondent for the abovementioned contractual period of 13 or more years and the court finds it difficult to sanction such them as they are” [seems like the court cannot help but agrees with the lay term ‘slave contract]
o 2B5 – court believes that such contracts does nothing but to solidify the monopoly of large entertainment companies in Korea
➜ Conclusion –
o The contract is “contrary to the public morals and social policy, or otherwise void because it exceeds what is rational for the length of a contractual term”
o Unless SM modifies almost all of the important parts of the contract, including the contractual period and clause on damages in case of termination, this contract is likely to be void because it imposes on JaeChunsu an “unjust burden”
➜ Afternote –
o After the entering of the original contract (you can find the dates under 1C as listed in the table), there were 5 subsequent supplementary agreements. The last agreement is dated 6th February, 2009. [note from writer – this is the point of time where JaeChunSu claims they have not been receiving income therafter. It is unknown what amendment have been made which brought forward such claim]
Credits: pinkwings @ OneTVXQ.com
Shared by: OneTVXQ.com
i hope it will end soon...
whatever the result i keep the faith... the faith will never end...
i'll with them forever...Labels: court, JaeChunSu, Lawsuit, TVXQ
TRANS] 091102 TVXQ's Participation in the Concert at Shenzhen, Last Stop for the Tour 091102 TVXQ's Participation in the Concert at Shenzhen, Last Stop for the Tour
Tuesday, November 03, 2009 | posted by Kiki 임초히
Confirmed: TVXQ will participate in the concert at Shenzhen
Before the ruling, all TVXQ members had signed as a confirmation that they will be participating in the Shenzhen Concert. This event will definitely not be affected by the conclusion of the lawsuit. Kim Jaejoong, Jung Yunho, Park Yoochun, Kim Junsu and Shim Changmin had all participated.
Regarding Kim Jaejoong’s, Park Yoochun’s, and Kim Junsu’s ability to choose their own activities, we have contacted the relevant person in-charge in SM Entertainment; the responsible person said that all five members of TVXQ have deep feelings towards Chinese Cassiopeia. The five of them could not bear to hurt their fans’ feelings. "Last 2nd of October, at the Shanghai Concert encore stage, the whole audience (Cassiopeia) was holding “Miduhyo” cloths to express their support, and this scene had touched everyone; TVXQ is not an exception. All five members will participate in the Shenzhen Encore Concert."
Confirmed: Shenzhen Concert, last stop for the tour
Since the Shenzhen stop was decided by both sides before the verdict had been signed, the performance will not be affected, regardless of the outcome of the court's decision. TVXQ will bring a full line-up scheduled appearance in Shenzhen to the Chinese fans, bringing the most exciting concert encore.
Regarding the rumours indicating that there would still be Chengdu, Guangzhou and Nanjing stops after Shenzhen, the company stated that "TVXQ’s concert in Shenzhen to be held on the 21st is definitely the 3rd Asia Tour final station. They will perform a complete line-up, and paint a successful closing for the 3rd Asia Tour."
Source: baidutvxq
Credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }
Feel free to repost, but please leave the full credits intact. Thanks!
Me Says : "oh i'm a bit relief~ ^^ they will continue to shenzen doesn't matter what the lawsuit said... God... Please Protect Them... Amin..."
Labels: court, Lawsuit, TVXQ
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profile
I'm 임초희
19 Years Old
Indonesian
actually i'm a chinese quarter, also a german quarter, and a dutch quarter,
but really, i have no clue that i'm a descent of those nation...
i looks so indonesian... LOL
want to know? well this is how CAMWHORE i am ♥
and you should know that I ♥ this Guy so ♥
Birth name : Han Jaejoong
Also known as : 영웅재중, 英雄在中 (Youngwoong Jaejoong), ジェジュン (Jejung)
Born : January 26, 1986 (1986-01-26) (age 23), Gongju, Chungcheongnam-do, South Korea
Genres : Pop, R&B
Occupations : Singer, dancer, actor, composer, songwriter, model
Years active : 2003-present
Labels : SM Entertainment, Rhythm Zone
Associated acts : SM Town, TVXQ
♥ 동방신기 ♥
but he has a husband ^^
♥ my lovely Bambi Family ♥
♥영미♥유린♥진애♥영진♥서희♥초희♥혜원♥은라♥진하♥서민♥지웰♥
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contact page here
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