News Jin's break-up announcement...What is the issue of "cancellation of contract" vs "valid"?

[Anchor]
The aftermath of the "Declaration of Termination of Exclusive Contracts" released by members of the group Newzins continues.

Reporter Lee Kyung-guk summarized what kind of battle will take place between the members whose contracts have been terminated and the door that it is valid.

[Reporter]
Newzins, who sent an ultimatum demanding the return of former CEO Min Hee-jin and the protection of the group's color.

On the last day of the 14th deadline, I notified Adore of the breakup.

[MINJI / NEWJINS MEMBER (Yesterday): We really cannot accept the argument that we should maintain an exclusive contract at Adore, where the trust relationship has all been broken.]

In addition, he said in an additional statement that maintaining the contract would have only caused severe mental pain, and that he would now be free to operate.
Former representative of
Min also sent support to the members through SNS.

The basis for the members' notification of the termination of the contract is the provision of the exclusive contract that "if violations are not corrected within the period, the contract can be terminated."

However, there remains room for dispute as to whether the members' demands for correction are really in violation of the contract.

Odor also makes this point and refutes that the contract is valid:
In the
content proof answer, the members claimed that the breach of contract was a problem with the words and actions of third parties,

Dore focused on emphasizing that he has been doing his best to support NewsGene.

However, it seems unlikely that the two sides will collide immediately.

It is because it is a burden considering public opinion that Audor will go to the lawsuit against the members first.

Some analysts say that Newzins' decision not to take legal action is a choice considering such a public opinion battle.

[Kim Sung-soo / Lawyer (appearing on YTN 'News Now'): Isn't it possible that they reviewed how it would work to go through legal procedures first after the declaration of (contract termination)?.]

However, if Newzins begins "free activities" in earnest after completing the already contracted schedule at the end of next month, there is still a possibility that Adore will be willing to fight the lawsuit.

In this case, the issue of penalty, which could reach up to 600 billion won, is expected to be another issue.The trademark rights for the group name

{Newzins} and the existing rights to the sound source also remain a source of conflict between the two sides.

This is YTN Lee Kyung-guk.


Video editing: Kim Hee-jung

Design: Jung Eun-ok