Why did New Jeans, which canceled its contract with Adore, say it wouldn’t sue?
New Jeans Ends Contract with Eodo
On November 28, New Jeans announced at an emergency press conference that it would end its contract with Eodo, but would not pursue legal action. Members expressed disappointment over Eodo’s failure to support them adequately. They claimed that Hive and Adore, its management companies, are the same entity, and Hive’s breach of contract prompted the termination.
Previous court rulings support New Jeans’ decision to end the contract. A court had previously cited that Adore must not interfere with New Jeans’ activities. The group believes Adore did not take proper steps to protect them from Hive’s actions.
During the press conference, reporters questioned why the group wasn’t seeking a temporary restraining order, which is customary in such disputes. Legal experts suggested that New Jeans opted against filing a lawsuit to avoid limitations on their activities. Filing first might hinder their operations while awaiting a decision.
Hive is considering its response. They may seek a temporary injunction to stop New Jeans from performing. However, this could confirm a breakdown in trust between the parties. Legal experts believe that New Jeans’ press conference likely came after careful consideration and legal advice.
In the legal landscape, Hive is expected to pursue a lawsuit for damages due to the breach of contract. Compensation amounts can vary. Legal professionals suggest that New Jeans might also file a counter-suit for punitive damages, which could extend the legal process for several years.
Adore, in response to New Jeans’ claims, stated that the exclusive contract remains valid until July 31, 2029. They mentioned ongoing plans for fan meetings, album releases, and tours, and clarified that they had no intention of abandoning the artists. Adore also stated that decisions about the leadership position of CEO Min Hee-jin are up to the board’s management judgment.
