Sm Entertainment Loses A Lawsuit Ruling Over Trademark Usage

176 Articles
SM Entertainment loses a lawsuit ruling over trademark usage
Facebook CSS

SM Entertainment loses a lawsuit ruling over trademark usage

It has been revealed recently that SM Entertainment has lost a lawsuit against LG HouseholdHealth Care for using the term 'SUM' as their celebrity shop store.

The Civil Settlement Division of the Seoul Central District Court has ruled that SM cannot use 'SUM' as it can be mistaken with LG HouseholdHealth Care's brand 'su:m', "The use of a similar trademark would infringe the trademark right as it could mislead or confuse the traders and/or general consumers in regards to the source of the goods or services."

Tao loses lawsuit against SM Entertainment
Facebook CSS

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
Facebook CSS

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.

Soompi.Display.News.English.300x250.BTF Soompi.Mobile.English.300x250.ATF

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
Facebook CSS

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.

Cube Entertainment Loses Almost One Million Dollars In The First Quarter Of 2017
Facebook CSS

Cube Entertainment Loses Almost One Million Dollars In The First Quarter Of 2017

Cube Entertainment has reported an overall loss during the first quarter of 2017.

Financial reports for Cube Entertainment were recently released and the results show that the company posted a loss for the first quarter of 2017.

Cube Entertainment posted a revenue of ₩4.673 billion KRW ($4.18 million USD) and ended up with a ₩900 million KRW ($806,346 USD) operating deficit, leading to a net loss of ₩764 million KRW ($684,498 USD).

The decrease in Cube Entertainments revenue can be attributed to the departure of BEAST, the disbandment of 4MINUTE, and the current issue over THAAD.