TS Entertainment Files Appeal Against Rapper Sleepy For Financial Compensation
Rapper Sleepy previously won his lawsuit against TS Entertainment in 2021. In 2019, TS Entertainment claimed that Sleepy owed the company in damages and unfair profit absorption behind their backs.
On July 11, 2024, TS Entertainment released a statement through their legal representative, accusing Sleepy of taking unfair profits behind the company’s back, through unauthorized events, social media advertising, and more. They also accused him of spreading false information about the company. They will be proceeding with an appeal on these grounds.
Hello. This is Lawyer Kim Bo Hyun of AK Law Firm, the legal representative of TS Entertainment. I would like to explain our client’s appeal of the second trial judgment given on June 21, 2024. This judgement was already made known through the media previously.
At that time, the ruling was in accordance with a lawsuit that was made to prove that the cause of the nullification of the exclusive contract between Sleepy and TS Entertainment was due to Sleepy.
During the period of the contract, he fooled the company and obtained years worth of profit from under-the-table advertisements, social media advertisements, unauthorized performances, and more, causing the company to experience damages. He has also been spreading untruths about the company through various media sites.
The second trial was the first time where it was legally judged that the company had been losing out due to the years of unethical profits taken by Sleepy. But in the early days of the lawsuit, it was misinterpreted that the nullification of the contract was due to being unable to negotiate adjustments smoothly, rather than the breach of trust, and hence we were instructed to file a separate lawsuit for financial compensation. Due to this, it was ruled that there would be no financial compensation as the situation ended with adjustment.
We think that this is a ruling based on misinterpretation. That is why we plan on reopening this with our appeal this time. In addition, we plan on filing lawsuits and blowing the whistle on Sleepy’s under-the-table advertisement deals and social media advertisements, as well as his unauthorized performances and the unethical profits he took, all of which were admitted to in the court trial previously. We will put out a statement about this later.
Thank you for reading this long statement. We hope you will contact us if there are an queries in the future.
— TS Entertainment’s Lawyer
Sleepy gained popularity through the show I Live Alone. He is currently married with kids.
