Singer
Rain lodged a ₩ 4 billion compensation claim against 'Well Made Star M
Inc' (hereafter referred to as Star M), which was in charge of his World
Tour concert in 2006~2007, claiming that it had unilaterally cancelled
his concert in USA, but he dropped the suit on the 20th of last month as
it was resolved through settlement prior to court.
The details of the damages included ₩ 2.7 billion (Rain paid Click Entertainment, the local subsidiary in Hawaii, due to the cancellation of his concert in the region) and ₩ 1.3 billion (Rain brought an action of libel against Star M and demanded ₩ 1.3 billion in compensation.)
According to an official from Star M, "The case is closed by mutual consent, and Rain and Star M have consented not to disclose the full details of the agreement."
Credit to News1 http://news.nate.com/view/20130402n11191
Brief translation by 화니.
http://rain-cloud.co.kr/board/view.asp?mstSeq=7&mstpSeq=&bc...
The details of the damages included ₩ 2.7 billion (Rain paid Click Entertainment, the local subsidiary in Hawaii, due to the cancellation of his concert in the region) and ₩ 1.3 billion (Rain brought an action of libel against Star M and demanded ₩ 1.3 billion in compensation.)
According to an official from Star M, "The case is closed by mutual consent, and Rain and Star M have consented not to disclose the full details of the agreement."
Credit to News1 http://news.nate.com/view/20130402n11191
Brief translation by 화니.
http://rain-cloud.co.kr/board/view.asp?mstSeq=7&mstpSeq=&bc...
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