SNSD's Jessica in crisis, lost lawsuit, contract compensation, lost 50 billion in 1 night

"Ice princess" Jessica (former member of SNSD ) was defeated by a court in China in a contract dispute lawsuit, with a total compensation amount of up to nearly 50 billion VND (13.1 million NDT), causing a stir in the online community.

Jessica Was Required To Pay A Fine Of Tens Of Billions Of Dong

On the morning of November 13, Chinese media, notably Sina, reported that singer Jessica (real name Jung Soo Yeon, former member of SNSD) had just lost a lawsuit in a commercial contract dispute in this country. The information was posted along with a legal document, showing that a law enforcement agency had issued a notice about the lawsuit related to the singer born in 1989.

Specifically, Jessica and a related company were accused of receiving money from the event organizer but not fulfilling the contract to attend. More seriously, the singer was accused of steadfastly refusing to return the previously received salary.

According to this shocking verdict, the Court ordered the former SNSD member to return the money she received and compensate for damages due to breach of contract. The source also revealed that Jessica sued the partner but lost.

In total, this 8X female idol had to pay the partner a "huge" sum of up to 13.1 million NDT, equivalent to about 48.5 billion VND. The specific compensation amount is divided as follows: 10 million NDT (37 billion VND): Previously received salary. 3 million NDT (11.1 billion VND): Compensation for breach of contract. 100 thousand NDT (370 million VND): Lawyer fees.

The news that Jessica "lost" nearly 50 billion VND in just one night spread at a dizzying speed on social networking forums, leaving the public shocked. At the same time, her former colleague Yoona (SNSD) was reported to have reunited with her rumored boyfriend after returning from Vietnam, creating a dramatic contrast in the entertainment press.

Jessica's Official Response: Complete Denial

However, by the afternoon of November 13, Jessica's representative officially made the first move, speaking out about the rumor of losing the lawsuit and having to pay a fine of nearly 50 billion VND.

The management company has completely denied all false news targeting the female idol. The representative shared: "Recently, on social media platforms, there have been many false rumors and malicious speculations targeting our company's artist Jessica. Those contents are completely fabricated, without any authentic evidence."

Another source added that the lawsuit is essentially a dispute between companies, and has absolutely no direct connection to Jessica personally. The singer is not obligated to hand over the amount of money mentioned in the lawsuit.

Background of Previous Litigation in China

Notably, this is not the first time Jessica has been involved in a complicated lawsuit in the billion-people market.

Previously, in 2019, she was involved in a lawsuit with two companies in China. The incident stemmed from Jessica's management company, Coridel Capital Management, signing a contract with two Chinese partners to manage her artistic activities in this country. However, the two Chinese companies later filed a lawsuit with the Beijing Court, accusing Jessica of not complying with the contract and demanding Coridel Capital Management to pay fees, including contract fees, compensation fees and unpaid income, with a total value of about 2 billion won (about 36 billion VND).

Despite appealing in August 2019 after both first trials ruled in favor of the Chinese management company, Jessica still lost.

Jessica was once one of the main vocalists of the legendary girl group SNSD, before leaving the group in 2014 to the surprise of the Asian public. Since then, she has focused on developing her solo career, while also expanding into business and fashion design.

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