What happened to Rain s company going bankrupt?

Updated on society 2024-03-12
4 answers
  1. Anonymous users2024-02-06

    South Korea's little king Rain's 10 billion mansion in Cheongdam-dong, Seoul will be seized! Rain was awarded $8 million in damages to the plaintiff, Click Entertainment, for which he temporarily canceled a concert stop in Hawaii during a world tour, which is an astronomical amount even for the little king.

    According to South Korea** reports, Click Entertainment, which won the lawsuit with RAIN, recently announced that it will seize all properties in RAIN's name from the 26th because RAIN is unable to pay the 8 million US dollars in compensation awarded by the court, including real estate in RAIN's name worth 15 billion won.

    The federal court of Hawaii ruled on the cancellation of the concert in Hawaii on the 19th and ordered RAIN and JYP to jointly compensate the plaintiff Click Entertainment Company with $8 million. Although both RAIN and JYP have indicated that they will appeal, under the relevant US legal system, even if they appeal, the chances of RAIN winning the case are slim.

    The $8 million compensation is also an astronomical amount for Rain, and the company's assets that can be converted into cash are only about 2.6 billion won ($1.9 million), which is a far cry from the $8 million to be compensated.

    In this regard, the person in charge of Click Entertainment said, "We will start the work of seizing the property and real estate of RAIN and JYP from the 26th. In addition, the income from Rain's Hollywood appearances in movies will be seized.

    According to people familiar with the matter, in order to overcome the difficulties in front of him, Rain has begun to ask for help from friends in the entertainment industry, and has even shed tears many times.

    South Korea** also pointed out that Rain's defeat in the Hawaii court is only the beginning of a series of troubles, Rain had temporarily canceled the Atlanta concert and the Los Angeles concert during the world tour, and the company responsible for these concert-related matters also filed a complaint with the court, and Rain is also very likely to face one sky-high claim after another.

  2. Anonymous users2024-02-05

    It seems that a concert in the United States was canceled a while ago, and it is necessary to compensate for the loss of others.

    I guess it has something to do with Rain's company.,Poor Rain.,Who's messing with whom?,Now this society.。

  3. Anonymous users2024-02-04

    Because he failed in the lawsuit, other companies wanted to seize his property.

  4. Anonymous users2024-02-03

    Fake, right? What kind of TV do you watch?

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