FIFTY FIFTY's argument for the provisional injunction of the exclusive contract is expected to lose validity
, challenging their exclusive contract and citing concerns regarding settlement issues. The public opinion on this matter is divided, with differing views from both sides.
FIFTY FIFTY appears to be struggling to shake off the titles of being a 'backstabbing idol' or a 'betrayal idol' amid the ongoing controversy. reported exclusively that the lawsuit filed by FIFTY FIFTY against ATTRAKT for a provisional injunction of the exclusive contract is expected to lose its significance as the members' arguments are losing validity., expressed that"
the investment contract does not involve the FIFTY FIFTY members, and the members have no obligation to repay any debts.In a previous court hearing on the injunction application to suspend the exclusive contract's validity, held at Seoul's Central District Court in Seocho-gu on July 5, ATTRAKTraised eyebrows. The CEO had signed a contract advancing a payment of 9 billion KRW from Interpark Music to Star Crew ENT, a private company, sparking curiosity.
The legal representative asserted that 6 billion KRW out of the 9 billion KRW total was invested in FIFTY FIFTY's album production, with the revenue from the music directed to"The contract was mistakenly made with the wrong company. It should have been with Star Crew ENT. They should bear the debt, not FIFTY FIFTY."
However, industry insiders have dismissed this argument as a common misconception among those unfamiliar with the intricacies of the advance investment contract process within the entertainment sector.
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