There was a Court hearing in Seoul related to the JYJ’s lawsuit against SM Entertainment (SM). According to very early translated tidbits, SM still hasn’t turned over all the financial documents for TVXQ and still haven’t paid the members for their huge Mirotic album sales.
The witness at the hearing was “Mr. Yoon”, the person SM put in charge of handling financial matters related to TVXQ.
In Court, SM presented a document calculating money owed to TVXQ for their first single Hug from way back in 2004. Yes… 2004… and that’s it, according to early translated reports. One report says, “SM failed to produce any more evidence beyond the single document from 2004.”
But that’s not all. Its already ridiculous that, according to their contract, SM only has to pay members $50,000 dollars ($50 million Korean Won) when an album sells 500,000 copies. But when TVXQ finally achieved this goal with their Mirotic album, SM didn’t pay them any of that money and had no valid excuse in Court for why they hadn’t.