Group The Boyz's request for a provisional injunction to suspend the effectiveness of their exclusive contract against their agency One Hundred was granted, and One Hundred issued a statement.
On the 24th, One Hundred released an official position regarding the Seoul Central District Court's decision on the provisional injunction application filed by The Boyz the previous day.
That day, One Hundred said, "The opposing party's legal representative stated in a release on the 23rd that 'through the court's judgment, it was confirmed that the exclusive contract was lawfully terminated and its effectiveness ended.' This seriously distorts the legal nature of a provisional injunction," the company said.
One Hundred said, "A provisional injunction is only a temporary and emergency measure until the main judgment is finalized. The conclusion in the main lawsuit could be entirely different, and for the opposing side to announce this to the media as if it were a final victory is misleading to the public and fans."
The agency said it respects the court's judgment but added, "This provisional injunction proceeded on an urgent schedule, and we believe the key evidentiary materials and rebuttal arguments we submitted were not sufficiently examined. We will promptly file an objection and, through substantive and sufficient hearings, reveal the truth."
The agency also said, "We are deeply concerned about the negative precedent this provisional injunction decision could set for the K-pop industry as a whole," and "We will reveal the truth through all procedures prescribed by law."
Below is the full official statement from One Hundred.
1. Provisional injunction acceptance is not a final judgment — the claim that the "contract termination is confirmed" is a clear legal distortion
The opposing party's legal representative said in a release on the 23rd, "Through the court's judgment, it was confirmed that the exclusive contract was lawfully terminated and its effectiveness ended."
However, this seriously distorts the legal nature of a provisional injunction.
A provisional injunction is only a temporary and emergency measure until the main judgment is finalized. In other words, this decision does not make a final determination on the lawfulness of the exclusive contract termination, and the conclusion in the main lawsuit could be entirely different. For the opposing side to announce this to the media as if it were a final victory is misleading to the public and fans.
We respect the court's judgment. However, this provisional injunction proceeded on an urgent schedule, and we believe the key evidentiary materials and rebuttal arguments we submitted were not sufficiently examined. We will promptly file an objection and, through substantive and sufficient hearings, reveal the truth.
2. The fact that a 13.5 billion won advance payment was made is unchanged — the claim of "unpaid settlement money" remains subject to reversal
The opposing party repeats the claim in today's release that we did not pay the settlement money. However, the essence of this case does not change.
When the exclusive contract was signed, we already paid each of the 11 members 1.5 billion won, a total of 16.5 billion won. This was an unprecedented advance payment so extraordinary that industry insiders described it as "a crazy price that inevitably results in a loss if it exceeds 700 million won."
The total amount of unpaid settlement money claimed by the nine members is about 1.66 billion won. Even after deducting that from the 13.5 billion won already paid to them, about 11.8 billion won remains. Through legal judgment, the claim that "they received nothing" could easily be overturned.
Moreover, the opposing party's legal representative communicated to us on March 16, 2026, that "if the exclusive contract is mutually terminated to allow The Boyz to continue activities smoothly, they are willing to forgo the unpaid settlement money." From our perspective, that proposal read as "let's trade nearly 10 billion won of the 13.5 billion won, which is likely to be subject to return disputes, for 1.6 billion won of settlement money," making it impossible to accept, and it can only be seen as the opposing side effectively acknowledging the advance payment nature of the contract funds.
3. The concert was prepared under our management
The opposing party claims they "even bore personal expenses to prepare the concert." However, the April concert currently underway was prepared through professional companies we directly contracted. Not all the members' and choreographers' rehearsals took place outside our practice room.
If the exclusive contract had truly been terminated in February 2026, creditors standing on a stage prepared by us as it is now would not be possible. Reality proves this itself.
4. The company remains sound — merger and acquisition talks are ongoing
Reports by some media of deteriorating management were written with false and exaggerated content by a particular outlet that has been hostile toward us. Publication of that outlet's articles has already been banned by the court's provisional injunction decision, and we are preparing a damage claim lawsuit for about 100 billion won.
We are continuing merger and acquisition talks with domestic and foreign investors and will mobilize all legal and managerial means possible to prevent the company's bankruptcy. Through the objection and the main lawsuit, we will recover our rightful rights.
We are deeply concerned about the negative precedent this provisional injunction decision could set for the K-pop industry as a whole. If the practice of enforcing exclusive contract terminations by citing a temporary fault of the agency after receiving large advance payments is allowed, the trust foundation between artists and agencies will be fundamentally undermined in the future.
We will reveal the truth through all procedures prescribed by law.
[photo] OSEN DB, One Hundred Label
[OSEN]