On November 21, the Seoul Central District Court dismissed Lai Kuanlin’s request to suspend his exclusive contract with Cube Entertainment, meaning his exclusive contract with the company still holds.
Cube Entertainment issued the following statement on November 21:
Hello. This is Cube Entertainment.
Today, the Seoul Central District Court decided to dismiss our agency artist Lai Kuanlin’s request to suspend his exclusive contract with the company, which was submitted in July.
Our company welcomes the court’s decision, and we inform you once again that there is no reason for the termination of the exclusive contract between Cube and Lai Kuanlin. According to the court’s decision, we will maintain our exclusive contract relationship with Lai Kuanlin, and we will find an amicable solution through discussions with him.
Cube Entertainment will continue to support all of our artists and trainees so that they can show their best abilities, and we will do our best to abide by the contracts and safeguard trust.
We apologize for causing fans’ concern over this matter. You have worried during this time, and we will continue to show a good appearance. Thank you.
In July, Lai Kuanlin’s side stated that Cube had taken actions that violated their contract, including selling his management rights to a third party, and therefore Lai Kuanlin had lost trust in the agency. Cube responded that all actions they had taken were with his permission, which prompted a second response from Lai Kuanlin’s legal representatives countering Cube’s claims.
Source: @soompi | naver via soompi