Mar 10, 2009

Rain sued for $40 Million

Posted by Nez
Rain has canceled his “World Tour”. Ji-hoon is to appear in court for fraud-related charges on the 18th

In accordance with American laws, Rain could have appeared on either the 11th or 12th but decided to push it back to the 18th. If he does not appear, he may subject to an arrest warrant from the Hawaiian courts. He apparently plans to attend the trial and cancel his tour… wise decision Mr Jung.

Honolulu promoter, Click Entertainment purchased the rights as promoter to the Hawaiian concert for June 2007. They claim that Rain, (his former management) JYP Entertainment and StarM (host of the World Tour), canceled the concert unilaterally. Thus, they are suing Rain for $40 million.

Meanwhile, in the Korean courts, Click sued Rain and StarM for fraud charges. The Korean courts found them not guilty of all charges since neither Rain nor StarM had intentions of making money from a fraudulent contract. Rain had asked for a special stage to be installed for safety issues as a clause in the contract, but the promoter had ignored this condition. And so Rain had apparently canceled due to breach of contract.


Take out with full credit.
Credits:Asianfanatics.
Shared by:Copycatmemory
Source: seoulbeats

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