Lee Seung-gi wins another settlement case and will receive about 690 million won
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- The Seoul Central District Court partially ruled in Lee Seung-gi's favor in his dispute with former agency Hook Entertainment.
- The court awarded about 690 million won of the approximately 830 million won Lee claimed.
- Lee argued that Hook continued to receive music and album revenue after his exclusive contract ended in December 2022.
Lee Seung-gi has won another legal battle against his former agency, Hook Entertainment, over music revenue generated after their exclusive contract ended. The Seoul Central District Court's Civil Division 20 ruled partly in Lee's favor on August 28, the court said on September 5.
The court accepted about 690 million won of Lee's roughly 830 million won claim. Lee filed the case in February, arguing that Hook had continued to receive revenue from music and albums after the contract was terminated in December 2022.
shall settle
Hook Entertainment, now known as Chokobam Media, argued that the contract required a separate settlement agreement for revenue generated after its termination. The agency's position was that it had no obligation to distribute the money unless such an agreement existed.
The court rejected that interpretation. It said the contract used definitive wording such as โshall settleโ rather than tentative language such as โmay settle,โ indicating that the revenue settlement obligation applied.
may settle
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.