Okay-pop company SM Leisure has addressed the claims made by the authorized consultant of EXO members Baekhyun, Xiumin and Chen. Earlier immediately, the trio had notified the corporate that they might be terminating their contracts as a result of “mistreatment and unfair contract phrases”.
Of their authentic assertion, by way of authorized consultant and lawyer Lee Jae-hak, the three EXO members alleged that SM Leisure had repeatedly didn’t furnish the three Okay-pop idols with cost knowledge over the previous 12 to 13 years. Baekhyun, Xiumin and Chen additionally claimed that the company was “perpetrating extraordinarily unjust use of energy” as a way to prolong the artists’ contracts to over 17 years.
SM Leisure has since refuted the claims made by Baekhyun, Xiumin and Chen’s authorized consultant in a brand new assertion to XportsNews, as translated by Soompi. On the problem of cost knowledge, the Okay-pop company claimed that “artists can examine the idea for settlements at any time, and so they haven’t introduced up any points with this course of through the years”.
“We then defined a number of instances that the artists can view everything of the settlement stories […] along with specialists resembling their authorized consultant or an accountant and might evaluate them intimately at any time,” SM Leisure added. It additionally claimed that the three EXO members’ authorized consultant didn’t specific an intent to view the stories, whereas alleging that he “additionally didn’t promise to not present the stories to exterior events”.
“Provision of copies of our artists’ settlement stories to exterior events is a matter that we can not merely flip a blind eye to,” SM Leisure mentioned. “For instance, if the assorted detailed actions supplied as foundation for settlement are leaked to exterior events, the opposite EXO members excluding the three artists can obtain unjust hurt.”
SM Leisure additionally refuted claims that it had used its “energy” as a way to prolong the contacts of Baekhyun, Xiumin and Chen. SM Leisure alleged that seven members of EXO had signed new contracts with the company in December 2022 “with the assistance of a lawyer from a big regulation agency”, following a 12 months and a half dialogue.
“In the course of the means of discussing the contract renewals […] we went by way of the method of coordinating every celebration’s opinions,” SM Leisure mentioned in its assertion. “For a few month from mid-November 2022, amendments had been exchanged with the member’s authorized representatives a complete of eight instances, and we accomplished our discussions as we went over intimately every phrase within the unique contracts.”
“Regardless of this example, the artists’ newly appointed consultant all of a sudden modified their place and insisted that they can not settle for that the brand new unique contracts are legitimate,” SM Leisure added. On this section, the company additionally talked about the profitable contract renewals of different teams below the corporate, together with Ladies’ Technology, TVXQ and Tremendous Junior.
The Okay-pop company ended its assertion saying that its “largest objective is to guard EXO […] and to guard all of our company’s artists”. It added: “To this finish, we are going to take robust motion in opposition to exterior forces that attempt to delude artists with unreasonable monetary temptations, flattery, and groundless rumours to break down the workforce itself.”