Sm Entertainment Lose In Current Lawsuit

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SM Entertainment Lose In Current Lawsuit
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SM Entertainment Lose In Current Lawsuit

SM Entertainment is one of the top3 largest Korean entertainment companies in Korea, so it is no surprise that they have their stars and their associated products approved before being used for anything else. Unfortunately, SM Entertainment was reported to have recently lost a case involving trademark usage.

SM recently tried battling it out with LG's Household and Care Brand S:UMdue to the similarities in their names. SM has been wanting to open a market called 'SUM' as a term to brand their celebrity shop.

Minzy Compares YG Entertainment and Her Current Label
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Minzy Compares YG Entertainment and Her Current Label

During her solo debut showcase, Minzy talked about her current agency, Music Works, and compared it to her past agency, YG Entertainment

Minzy recently held her solo debut showcase for her first solo album MINZY WORK 01 UNO and during her talk portion, first mentioned how nervous but excited she was to have an album and song completely under her own name. She talked about how nervous she was the night before the showcase that she could not get any sleep.

Tao loses lawsuit against SM Entertainment
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Tao loses lawsuit against SM Entertainment

EXOs past member, Tao, lost his lawsuit against SM Entertainment in an attempt to nullify his exclusive contract.

On April 28, the Seoul Central District Court ruled to reject Taos lawsuit against SM Entertainment where he wished to nullify the contract.

Taos lawyer has argued that the contract with SM Entertainment was unfair, but SM Entertainment refuted those claims by saying,

The original proposed contract should pose no problem whatsoever because it was on pair with the regulations proposed by the Fair Trade Commission.

Former EXO Member Tao Loses Lawsuit Against SM Entertainment
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Former EXO Member Tao Loses Lawsuit Against SM Entertainment

On April 28, the Seoul Central District Court stated that it had ruled against former EXO member Tao in his lawsuit against SM Entertainment.

Tao filed a lawsuit against his former agency over issues regarding the duration of his exclusive contract with SM Entertainment, distribution of profit, discrimination, and more.

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Tao and his lawyer argued that the artists contract with SM Entertainment was unfair; however, SM Entertainment responded, The contract we used was based on a standard contract provided by the Fair Trade Commission so there is nothing that could be of issue in the contract.

Tao's lawsuit regarding reexamination of contract against SM Entertainment dismissed
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Tao's lawsuit regarding reexamination of contract against SM Entertainment dismissed

The Seoul Central District Court has dismissed former EXO member Tao's lawsuit which asked to reexamine the exclusive contract between him and SM Entertainment.

SEE ALSO: 2PM's Taecyeon discusses the topics of entering the Western market, joining the army, and more

The following is SM Entertainment's official statement:

"Hello, this is SM Entertainment.

On April 28, 2017, the Seoul Central District Court concluded the dismissal of TAO's claim to reexamine the efficiency of his exclusive contract. As a result, his entire lawsuit has been made void.