LM Entertainment has announced their plans to take legal action against Kang Daniel for exposing their illegally-obtained contract and for revealing only the content that is beneficial for him.
Kang Daniel recently released a statement accusing LM Entertainment of wrongfully transferring Daniel’s rights to a 3rd party.
In response, LM Entertainment’s legal representative, Kim Moon Hee, stated that the contract in question was not signed through LM Entertainment and that appropriate steps will be taken against accusations.
The ‘contract signed by LM Entertainment and a 3rd party’ attached to the official press release by Kang Daniel was not signed through us (LM Entertainment or the legal firm). We will take appropriate measure as it is sufficient to regard as a legal issue.
ㅡKim Moon Hee
He also stated that Kang Daniel had only extracted a portion of the content that was beneficial for him. According to Kim, the end of the contract stated, “LM Entertainment will possess rights of the exclusive contract and will exclusively exercise them.
In regard to the “music content production/distribution rights, concert/overseas business rights and bargaining rights of entertainment activities” that was stated in Kang Daniel’s statement, Kim explained that they were generally exercised in the industry. And while Kang Daniel claims that he did not give his consent, LM Entertainment argues that he was aware of the contract between LM Entertainment and MMO Entertainment.
(The rights) are generally exercised in the industry. Kang Daniel claims that we did not receive his consent, but Kang Daniel was sufficiently aware of LM Entertainment and MMO Entertainment’s contract. We have evidence to prove this as well.
ㅡ Kim Moon Hee
In conclusion, Kim stated that they will soon release an official statement in response to Kang Daniel’s statement.