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Jung Jun Young will have to pay back 300 million won of the exclusive contract deposit and indemnity

Jung Jun Young is in the risk of paying hundreds of millions won of the exclusive contract deposit and even the indemnity for breach of contract.

Jung Jun Young is arrested on suspicion of violating the Act on Special Cases Concerning the Punishment, etc. of Sexual Crimes and has to pay back the exclusive contract deposit that he had received in the prosecution progress and even the indemnity for breach of contract. Jung Jun Young had received 300 million won after signing a contract with Make Us Entertainment. However, the contract was canceled a month ago due to the “chat room” scandal. Last month, Make Us Entertainment said: “We thought that we would not be able to maintain a contract with Jung Jun Young anymore regarding the incident so we decided to terminate it.

Jung Jun Young received a deposit of 300 million won because he agreed to create various music content and perform under the company. “Dingo Freestyle” – a media creative group under Make Us Entertainment – was also planning to make a variety of content with him. The projects were being planned for Jung Jun Young but since his scandal had caused a lot of social controversies, all the plans were abolished. This is a case where Jung Joon Young – who had signed with the new agency for 2 month – but still haven’t done anything for them besides this legal mess which led to contract termination.

Jung Jun Yong’s fault resulted in the fact that he has to give back 300 million won to his agency. Further more, he’s now in risk of paying the damages for breach of contract. Make Us Entertainment announced that they don’t want to get tangled with Jung Jun Young’s work anymore and said: “It was hard to decide, please understand for us”. Talking about the amount of indemnity that Jung Jun Young has to pay, they said: “It’s hard to say”.

While Jung Jun Young is under investigation for violating the Act on Special Cases Concerning the Punishment, etc. of Sexual Crimes, Choi Jong Hoon and the others in the ‘’chat room’’ are also suspected of committing group sexual assaults. On the other hand, the investigation team of the Seoul
Metropolitan Police Agency has been checking after acquiring photos and voice record files in the ‘chat room’ related to the suspected sexual assault.

Source: nate

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