On August 31, J & STAR Company stated, “In March of this year, The Rose submitted a request for contract termination, citing reasons including outstanding payments, damage of trust, and exclusive contract violations. However, the court has denied this request.” The agency added, “Arbitration is currently underway through the Korean Commercial Arbitration Board. We are attempting to resolve the matter in an amicable way.”
How many times has something like this happened and things actually went on as normal, much less actually been amicable? If they can’t win in court to get out of their contracts, hopefully the company comes to their senses and negotiates some kind of buyout at least.