Tuesday, January 5, 2016
SM Entertainment had released an official statement announcing that they have won a lawsuit against former EXO member Tao. The agency has won the lawsuit regarding Tao failing to pay back the amount he owes the company.
The following is the public statement made by SM Entertainment:
SM Entertainment is currently in lawsuits against EXO members Kris, Luhan and Tao for violating their exclusive contracts by taking part in illegal promotions in China.
Among those is the 'temporary payment claim' lawsuit against Tao made on October 13, 2015, where Tao violated the duty to repay. It has been ruled by the Intermediate People's Court in the Qingdao, Shandong, China that Tao should repay SM Entertainment for the temporary payment that he has delayed to pay back.
Last April, after Tao left EXO without notice, he asked for a temporary payment from SM. SM Entertainment wanted to sincerely do everything they could as his agency and gave him his temporary payment.
Last April, after Tao left EXO without notice, he asked for a temporary payment from SM. SM Entertainment wanted to sincerely do everything they could as his agency and gave him his temporary payment.
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