The debate surrounding the validity of NewJeans’ exclusive contract with their agency, ADOR, has sparked discussions in the legal field, emphasizing that the focus should be on preventing the “undermining” of contracts rather than solely on their nullification.
Legal experts argue that laws must be upheld, and breaking a contract based on those laws is not a matter to be treated lightly or “declaratively.” Instead of speculating on which party will strike first in the legal battle, the consensus among experts is that due process is indispensable.
This reflects the legal community’s dominant perspective on the declaration by NewJeans to terminate their exclusive contract with ADOR on November 29th.
The announcement by NewJeans that they would be leaving ADOR has sparked various interpretations both within and outside legal circles. With the inevitability of litigation being discussed, it seems likely that disputes over the validity of the exclusive contract will unfold in court. ADOR could file a lawsuit to confirm the contract’s validity, while NewJeans could counter with a lawsuit seeking confirmation that the contract is void.
A legal expert emphasized, “Contracts are the backbone of capitalism and the foundation of our economic system. This principle also applies to exclusive agreements between artists and agencies. Any disputes arising from such agreements must be resolved through legal measures based on the law.”
The expert also expressed concerns about the broader implications of this dispute, stating, “The volatility associated with an iconic group like NewJeans could risk planting the idea, particularly among younger generations, that contracts can be easily undermined. This is a serious concern that requires careful consideration as the issue gains more attention both within the legal community and society at large.”
The legal community stresses that disputes involving high-profile figures like NewJeans should not only be addressed as contractual issues but also as matters with significant societal implications.