{"id":3826,"date":"2009-03-23T22:03:34","date_gmt":"2009-03-23T22:03:34","guid":{"rendered":""},"modified":"2009-03-23T23:03:14","modified_gmt":"2009-03-23T23:03:14","slug":"Rain-could-lose-building-in-Korea","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=3826","title":{"rendered":"Rain could lose building in Korea"},"content":{"rendered":"

Last Thursday, a federal court in Hawaii ordered the 26-year-old star and his then-agency, JYP Entertainment<\/strong>, to pay more than $8 million (11 billion won) in compensation to Honolulu-based promoter Click Entertainment. They also have to pay lawyers’ fees for Click, with the total compensation reaching $9 million (12 billion won).<\/p>\n

The concert, part of his world tour “Rain’s Coming,”<\/strong> was canceled several days before its scheduled date in June 2007. Click President Lee Seung-su<\/strong> testified that he lost about $1.5 million and suffered damage to his reputation and business due to the cancellation. Rain<\/strong> houses his entertainment company Rainy Entertainment<\/strong> in the building, which is run by his father.<\/p>\n

After the verdict, Lee said Monday that he will take a step to provisionally seize Rain’s and JYP’s property, including Rain’s building in Cheongdam-dong, which he purchased last year. The building is worth 15 billion won. ($11 Million)Lee said he would also seek authorization to attach all earnings that Rain has made with the William Morris Agency, an entertainment company with which Rain signed a contract last year for his U.S. activities.<\/p>\n

Source Korean Times<\/a><\/em>
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