The latest update in their lawsuit.
6 minutes ago
he legal dispute between THE BOYZ and their former agency, One Hundred Label, has escalated after the court approved the agency’s request to freeze the assets of members Younghoon and Q.
According to reports on July 24, the Seoul Eastern District Court granted One Hundred Label’s application for a provisional seizure (asset freeze) on an apartment owned by Younghoon in Seoul’s Seongdong District.
The claim is reportedly worth approximately ₩500 million KRW (about $339,000 USD). The court also approved a separate provisional seizure request for property owned by fellow member Q. One Hundred Label’s legal representative confirmed the decision.
He added that the latest ruling marks only the beginning of the agency’s larger lawsuit.
“It is true that Younghoon and Q’s properties have been provisionally seized. This provisional seizure is the starting point of our ₩8.80 billion KRW (about $5.97 million USD) main lawsuit against THE BOYZ members.”
According to the attorney, the agency is currently identifying the locations of other members’ real estate and plans to file additional provisional seizure requests against them in stages. He also stated that the agency intends to actively respond to any objections filed by the members.
“We will actively respond to objections and seek victory in the main lawsuit to normalize the company’s management.”
He further emphasized that the company has no intention of shutting down until it recovers the full amount it claims it is owed. The provisional seizure is intended to preserve assets while One Hundred Label pursues its financial claims.
The agency argues that the signing bonuses paid to the members were effectively advance payments tied to the duration of their exclusive contracts. As such, because the contracts were allegedly not fulfilled through the agreed term, the remaining value should be returned as unjust enrichment.
On July 13, the legal team representing the nine THE BOYZ members reportedly filed an objection with the court challenging the provisional seizure order.
Earlier this year, all members except New, filed for an injunction to suspend the validity of their exclusive contracts, alleging that One Hundred Label had failed to fulfill its obligation to pay settlement earnings. The court ultimately granted the members’ injunction request.
At the time, One Hundred Label stated that the injunction ruling was not the final decision and vowed to pursue the matter through the main lawsuit.