Hold onto your seats as we delve into a legal showdown that’s sending shockwaves through the entertainment world! The Givers find themselves in the midst of a fierce battle with ATTRAKT, facing the threat of their bonds being provisionally seized.
This development comes as part of a heated dispute over damages claimed by ATTRAKT. Let us find out everything there is to know about this!!
The Givers Caught In Legal Crossfire, Face Provisional Seizure Of Bonds In ATTRAKT Dispute
The agency that represents FIFTY FIFTY, ATTRAKT, has obtained a temporary seizure of bonds against The Givers, who are headed by co-CEOs Ahn Seong Il and Kwon Ji Sun.
#TheGivers face provisional seizure of bonds in legal battle with #ATTRAKT over damages claimhttps://t.co/NoBIF2LNDt
— allkpop (@allkpop) May 7, 2024
The application was accepted on April 24 KST after being filed through the Seoul Central District Court by means of their law firm, Seojeong Law Firm.
The legal action is a result of a lawsuit that ATTRAKT filed on September 27, last year, alleging that The Givers and its management violated their contracts and engaged in unlawful activity. The 1 billion won temporary seizure is intended to protect assets while the primary litigation is being resolved.
Seojeong Law Firm stressed the need for this action, expressing worries about future execution challenges related to damages awarded.
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