JYP defamation of speculation over NAYEON’s 600 million debt investment lawsuit
JYP Entertainment announced its official position on the prosecution of its group TWICE member Nayeon’s “debt-to” (claiming default).
JYP told NewsN on September 19, “There is nothing else to say because the ruling has already been finalized and closed, and it has nothing to do with the artist’s entertainment activities.”
He added, “However, we will firmly take legal action against the issue of defaming or insulting the artist with speculative writings.”
According to the legal community, the 13th Civil Affairs Department of the Seoul Eastern District Court filed a loan lawsuit of KRW 600 million against Nayeon’s mother and Nayeon in January last year, but lost.
According to the ruling, A remitted about 535.9 million won to Nayeon from 2004 to 2016. The court acknowledged that A remitted more than 500 million won to Nayeon for about 12 years, and that Nayeon received money in the name of monthly rent, loans, tuition, and telecommunications expenses. However, it was judged that there was insufficient evidence to recognize this as a loan that was legally obligated to repay.
A reportedly claimed that Nayeon, who was a singer trainee, promised to pay back the money after her debut, but Nayeon did not keep her promise. A did not appeal after losing the first trial.
NAYEON made her debut as a member of TWICE in October 2015