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Despite media using her name for clicks, the lawsuit isn't against her, it's against Coridel Entertainment. So luckily, she doesn't have to pay it should the appeal failJessica Jung, formerly of Girls’ Generation and now a soloist and fashion designer, was ordered to pay over ₩2 billion KRW ($1,655,210 USD) to her former Chinese entertainment agencies.
Jessica Jung lost both her first and second trials against the Beijing Arbitration Commission. These trials were conducted in Korea, and the reason the companies took her to court and wanted her to pay were for violating the exclusive authority of the contract, consultation fees, a penalty for breach of contract, and undivided profits.
Jessica’s Chinese agencies had control over managing her until February 28, 2019. One agency obtained the rights to manage Jessica’s entertainment activities in the China back on February 2016, through an agreement with her Korean agency, Coridel Entertainment. The second Chinese agency stepped into the picture due to a transfer of the rights of her management.
Nearly 2 years ago, on November 27, 2017, the Beijing Arbitration Commission ruled in favor of the agencies, who were seeking payment to cover the costs of exclusive licensing, return of her consultation fees, penalties, and other profits that were paid out to Jessica. They did this because they stated she did not carry out the duties of her contract.
Jessica argued that she did not violate any terms of the contract and did not agree to the arbitration’s decision. However, the Seoul Central District Court ruled in favor of the Beijing Arbitration Commission, stating that she was bound to the arbitration decision because the acceptance letter was issued de facto, or automatically. They also denied her appeal she filed on July 23, 2019.
Due to losing her appeal, she has been ordered to pay ₩2 billion KRW ($1,655,210 USD) to her former Chinese entertainment agencies to cover the damages and legal fees. Jessica has since submitted another appeal, this time to the Supreme Court.
When Jessica first signed to Coridel and was still promoting in China (Feb 2016) she signed to a Chinese entertainment company
Towards the latter half of the year, the agency worked to transfer out her contract to a second agency. Then THAAD happened and Korean entertainers were restricted from promoting in China. Since Jessica obviously couldn't promote, the obligations of the contract went unfufilled
Coridel should have bought out the contract or acted faster.
This what Coridel has said about it
Not a goddamn thing
Despite Jessica's name being being dragged through the mud for something well beyond her control, Coridel hasn't said a word and probably won't at all
All clarification has come from her fansites and not Coridel
You wanna knew what we got from Tyler Kwon?
Fucking bots
And no, this isn't reaching
These TK dick sucking comments that simultaneously slut-shame Jessica and undermine her at every turn have been haunting her FOR YEARS. Ever since she first went solo. Scroll through ANY of her MVs or Insta posts and you'll find the comment section littered with this. All broken English, all using the same odd phrases, all talking about her family etc.
(Ignore the Burning Sun Bit, that turned out to be false)
Boi
He's 39, can't even get verified on Twitter or Insta, follows Jessica around wherever she goes instead of doing his actual job and spends money on bots to brag about the billions i'm 75% he doesn't even have since he can't even get his own website secured
Big Shot Billionaire CEOs get to where they are because they know how to run their business and do it well
Learn from them instead of paying bots into manipulating fans into liking you
Learn how to not destroy Jessica's reputation and already volatile career
Learn how to do something for Playback. There is 0 reason for them to be rotting away like this when smaller companies can afford to do more with their groups
Learn how to do whatever with those 2 other guys that no one really cares about but i need to beef up my list since Coridel is so nugu
Anticipate Call Me Before Sleep
Oh wait
Coridel hasn't said jackshit about that either