Dispute Arises Between ‘I am SOLO’ Star and Former Business Partner
A legal battle has erupted between Jeong Il-dae, known as the ’16th generation Gwang-soo’, a popular male performer on the hit ENA/SBS Plus entertainment program ‘I am SOLO’, and a partner of his start-up company. The partner, referred to as Mr. A, has filed a lawsuit against Jeong Il-dae, alleging non-payment of the agreed-upon stock purchase price.
The lawsuit, filed by Mr. A through JY Law Firm, claims that he did not receive the promised stock purchase price from Jeong Il-dae. The two individuals established Company B, a corporation involved in the development and sale of hair dryers. While Jeong Il-dae was responsible for overall management, Mr. A handled design and internal personnel matters. The company, which employed two or three people, would occasionally hire temporary assistants when needed.
Initially, Jeong Il-dae owned 100% of the company shares, and Mr. A started as an employee. However, later on, 50% of the shares were transferred to Mr. A through stock transfer and paid-in capital increase. The agreement stipulated that Mr. A would sell back the shares to Jeong Il-dae or the company at 200 times the face value upon leaving the company after three years of service.
According to Attorney Jeong Chong-myeong, representing Mr. A, the amount due to Mr. A upon leaving the company is approximately 400 million won. However, Jeong Il-dae allegedly changed his attitude towards Mr. A when he decided to leave the company after completing the required three years of service.
Attorney Jeong further explained that Mr. A expressed his intention to resign on September 12 due to issues related to contract workers and dissatisfaction with Jeong Il-dae’s work style. Following this, on September 14, Jeong Il-dae permanently suspended Mr. A’s company access card and interfered with the recovery of his personal equipment. Mr. A was also removed from the company mailing list, assigned a separate office, and ordered to report to work. These circumstances prevented Mr. A, as a designer, from carrying out his duties efficiently due to a lack of necessary operating system access.
Responding to these conditions, Jeong Il-dae sent Mr. A a dismissal notice on September 19, threatening disciplinary dismissal. Attorney Jeong contends that this dismissal process was merely an attempt by Jeong Il-dae to avoid paying the agreed-upon stock purchase price to Mr. A.
While this legal dispute unfolds, Jeong Il-dae’s appearance on ‘I am SOLO’ continues to achieve record-breaking ratings for the 16th season, attracting significant attention.
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Posted 2023-09-26 17:00:00
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[스포츠서울 | 정하은기자]’16th generation Gwang-soo’ (real name Jeong Il-dae), a male performer who appears on the popular ENA/SBS Plus entertainment program ‘I am SOLO’, was sued by a partner of the start-up company he run it.
According to Sports Seoul’s comment on the 26th, Mr. A, a partner of Company B, led by ’16th Gwang-soo’, filed a lawsuit against ’16th Gwang-soo’ in the Seoul Central District Court on the same day, claiming that he did not receive the promised stock purchase price. .
According to JY Law Firm lawyer Jeong Chong-myeong, who is in charge of the legal representation of Mr A, ’16th Gwangsu’ and Mr A established Company B, a corporation that develops and sells hair dryers. Mr. A working in the company for 3 years. ‘Gwangsu class 16’ was responsible for overall management, and Mr A was responsible for design and internal personnel matters. The company was run by two or three people, and when necessary, one assistant would be employed temporarily.
Attorney Jeong told Sports Seoul, “In the beginning, ’16th generation Gwang-soo’ owned 100% of the company and Mr. A started as an employee. Thereafter, 50% of the shares were transferred to Mr A by way of stock transfer and paid-in capital increase. “When Mr A leaves the company, he returns the shares to the ’16th Gwangsu’ or the company, but we agreed to buy them for 200 times the face value when he leaves the company after completing the required service period of 3 years. ,” he claimed.
According to this, the amount that Mr. A receives it when leaving the company equivalent to about 400 million won. However, contrary to the terms of the agreement, Mr. A claims that the attitude of ’16th Gwangsu’ changed when Mr A decided to leave the company after working for 3 years, which is the minimum period of service.
Attorney Jeong said, “Mr. A, who was dissatisfied with the dogmatic and indecisive work style of ’16th Gwangsu’, expressed his intention to resign on September 12 due to issues related to contract workers. After that, on the 14th, ’16th Gwangsu’ permanently suspended Mr A’s company access card and interfered with the recovery of personal equipment. He was also removed from the company mailing list, assigned a separate office, and ordered to report to work. However, it was difficult for designer A to carry out his work, as the necessary OS was not available,” he explained.
When Mr. In opposition to these conditions, ’16th Gwangsu’ sent a dismissal notice to Mr A on 19 September stating that he would be disciplinary dismissed. Attorney Jeong added that he decided to file a lawsuit because he believed that this dismissal process was the result of ’16th Gwang-soo’ nitpicking in order to avoid paying the purchase price of Mr. A’s stock.
Meanwhile, the 16th Special Singles of ‘I’m Solo’ records the highest ratings in terms of timeliness and viewers in the history of the previous season.
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