Ex-EXO Chinese Idol Tao Loses Lawsuit to SM Entertainment
Anshu Shrivastava | | Jan 05, 2016 08:36 AM EST |
(Photo : Chung Sung-Jun/Getty) A court in China has asked Tao to return the money that he received as temporary payment from SM Entertainment.
Chinese idol and former EXO member Huang Zitao has lost a lawsuit filed against him by his former South Korea-based management agency SM Entertainment.
Last year, Tao quit the Chinese-Korean idol group after months of speculations, and he released his solo mini-album, T.A.O. He then filed a lawsuit against SM Entertainment, seeking termination of his contract.
Like Us on Facebook
SM Entertainment also filed a lawsuit against him on Oct. 13, saying that he failed to pay them the amount that he had taken from them. Soompi reports that an intermediate court in Qingdao, China, has asked the Chinese idol to return the amount he took from his former management agency. In addition to the due amount, Tao also has to pay interest on the delayed amount.
In a statement, SM Entertainment said that Tao, who stopped being an active EXO member in April 2015, had asked for temporary payment, which the agency gave him. Tao failed to pay back this amount within the promised time, although he knew their bank account number, and he also filed a lawsuit to cancel his contract with them, according to the statement.
"We will represent the good intentions of victims and work to prevent damage toward Korea and China's cultural exchanges that was caused because of Kris, Luhan, and Tao's illegal actions and breaches of contract," SM Entertainment added in the statement.
Kris, Luhan, Tao and Lay were the four Chinese members of EXO, which was formed with twelve members. Now, only Lay is an active Chinese EXO member. Kris quit the group in May 2014, and later in October, Luhan, too, quit. They both filed a lawsuit against SM Entertainment, to nullify their exclusive contracts.
TagsTao, Former EXO Member Tao, SM Entertainment, EXO Tao, Chinese Korean idol group
©2015 Chinatopix All rights reserved. Do not reproduce without permission
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
-
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?