Summary of the first court date, Block B vs Stardom
Jan 23 2013, 4:45pm KST

[ENGLISH]

Translator's note : Let me translate the entire thing..Hopefully this is as accurate as possible but my Korean on legal terms is… well anyway.
First, when you go into the court, you have to submit an official answer to the incident ID inquiry.The Stardom side submitted their refutation in writing.Also there was something else submitted called a preparation in writing, and the Block B side submitted that today.
The request of the injunction today has a big issue on ‘Stopping the effect of the exclusive contract’.

From now on, Block B will be referred to as "A", Stardom will be "B".

1. On the issue of dismissing the contract
A claimed that on 2012.12.18, the contract was canceled, and B accepted it on the 19th, so the contract was canceled.B said on the 17th that the nullification notification was ineffective.
Because B did not say in detail which parts were violated,and the notification was made without a maximum time period.
(This is a rule on notification from the civil code. In simple words, it means “I’ll give you this much time so fix these things that you didn’t do in the time period. If you don’t, bye bye contract.)
So B asserted that the nullification was done only on A’s part, so it was not a legal nullification. So the contract between the two is still effective.
A said that the contract is no longer valid, and asserted that they should stop sticking their noses in even if they do other celebrity things.

2. Profit calculation
There are a ton of things that weren’t calculated
In their contract, it was originally said that they should be paid every month on the 25th. That’s why they said they were gonna cancel the contract. In the contract, it says that if one side breaks the contract, they can notify the other side of a nullification.
On the 17th when the notification was announced, B said their expressed their payment.
B: Part of the profit omission was a misunderstanding. We declared the payment and partly carried it out. (= they gave them a partial payment)
A: That was only 5,000,000 KRW. There are more things to be calculated.
ex) Things they have to get from Bauhaus (Japan)/CJ vip event/Lotte World performance/DongA Broadcast University performance/Hallyu group event/OST /songs/Japanese fanclub profit, etc.
There are more things but I only remember these.
B said that the DongA Broadcast University was a free concert, but originally they had to pay 3,000,000 KRW, and for the Hallyu group event, the hosts gave them money for the airplane ticket. But B bought a cheaper flight ticket and took the rest themselves. It’s not normal. They never even calculated song profits.
The judge told both sides to get more data on the profit calculation.

3. Others
Jiho (Zico) had notified them of contract nullification on 2012.3.16 (I guess he especially had a lot of complaints….)B talked about the influencing powers. But the judge said it wasn’t relevant.
Ah, and the money given to Mr. Lee. They used that money to pay the security deposit for the dorms.
A said just what kind of celebrity uses their money for the security deposit..

4. Conclusion
Because both sides don’t have enough data,they have to submit more proof and will have their second date on Feb. 22nd, at 2 o’ clock. I don’t remember which number court it is.
Ah, and since Pyo Ji Hoon is now an adult (20 years old internationally), he has to write a new power of attorney to the deputy and submit it.

cr; jennyjjong@tumblr

Untranslated/korean document can be found here : http://i.imgur.com/R9RcR6i.png