Immediately after the hearing was over, articles like the below were plastered all over the Korean web:
Investor in JYJ Concert Sues Rights-Holders for Fraud
The Plaintiff Park XX sued Kim XX and C-JeS’s Director Paek XX, Warner Korea’s Director Whang XX, and others for fraud in Seoul Central District Court.
Park revealed in his complaint that “The Defendants conspired to deceive me and defrauded me of my wealth and so I sue.”
According to Park, the Concert Rights to the “JYJ Show-case Tour 2010” of last year was transferred from C-JeS to Warner Music Korea. After that, it was transferred multiple times and (in the end) reached Kim XX.
Park said that “(he) was interested in the concert industry and from the introduction of a friend first met Kim XX. Kim said upon our meeting that he has the Concert Rights and that if [Park] invested, [Park] could make…
View original post 483 more words