TS Entertainment has once again found itself embroiled in a legal battle with rapper Sleepy, as the company announced today its intention to appeal a recent court ruling that favored the artist.
According to TS Entertainment's legal representative, Lawyer Kim Bo Hyun of AK Law Firm, Sleepy has allegedly engaged in unauthorized activities that have led to significant financial losses for the company.
The feud traces back to 2019 when TS Entertainment initially claimed that Sleepy owed damages and had absorbed profits unfairly behind their backs.
Hello. This is Lawyer Kim Bo Hyun of AK Law Firm, the legal representative of TS Entertainment. I would like to explain our client's appeal of the second trial judgment given on June 21, 2024. This judgement was already made known through the media previously.
At that time, the ruling was in accordance with a lawsuit that was made to prove that the cause of the nullification of the exclusive contract between Sleepy and TS Entertainment was due to Sleepy.
During the period of the contract, he fooled the company and obtained years worth of profit from under-the-table advertisements, social media advertisements, unauthorized performances, and more, causing the company to experience damages. He has also been spreading untruths about the company through various media sites.
The second trial was the first time where it was legally judged that the company had been losing out due to the years of unethical profits taken by Sleepy. But in the early days of the lawsuit, it was misinterpreted that the nullification of the contract was due to being unable to negotiate adjustments smoothly, rather than the breach of trust, and hence we were instructed to file a separate lawsuit for financial compensation. Due to this, it was ruled that there would be no financial compensation as the situation ended with adjustment.
We think that this is a ruling based on misinterpretation. That is why we plan on reopening this with our appeal this time. In addition, we plan on filing lawsuits and blowing the whistle on Sleepy's under-the-table advertisement deals and social media advertisements, as well as his unauthorized performances and the unethical profits he took, all of which were admitted to in the court trial previously. We will put out a statement about this later.
Thank you for reading this long statement. We hope you will contact us if there are an queries in the future.
Sleepy, known for his appearances on the popular show I Live Alone and his family life, has not publicly responded to TS Entertainment's latest accusations.
The ongoing legal saga between Sleepy and TS Entertainment underscores the complexities within the entertainment industry, where contractual disputes and financial disagreements often play out in public view.
KpopStarz owns this article.
Written by Cassidy Jones.
