
AI-generated summary
Exo members Baekhyun, Chen and Xiumin, known as subunit CBX, announced in April they would terminate contracts with agency INB100, citing unpaid settlements. A formal notice was sent in March. INB100 was founded by Baekhyun in 2023, with Chen and Xiumin joining in January 2024. The agency was later absorbed into One Hundred Label, whose head Cha Gawon was indicted for fraud worth 30 billion won.
Exo’s Baekhyun, Chen and Xiumin filed a lawsuit against their agency INB100, seeking to suspend their exclusive contracts, according to legal sources on Monday.
A district court in Seoul is holding a hearing the same day, it added.
The trio, known as Exo’s first subunit CBX, announced in April that they would terminate their contracts with the agency, citing unpaid settlements among other reasons. A formal notice had been sent in March.
Baekhyun founded INB100 in 2023, and the two bandmates joined in January 2024. Months later, the agency was absorbed into One Hundred Label, headed by Cha Gawon, who was recently indicted for fraud worth 30 billion won ($22.3 million). The first hearing in her trial is set for October.
In January, Exo dropped its eighth full-length album, “Reverxe,” its first album in 2 1/2 years, but the three members could not participate amid a prolonged legal dispute between INB100 and SM Entertainment.
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The Seoul district court will rule on the injunction to suspend exclusive contracts following the hearing.
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EXO members Chen, Baekhyun, and Xiumin filed a request for a temporary injunction against their agency INB100 to suspend their exclusive contract. This is related to CEO Chawon Cha's claim of non-payment of settlement money, and the CEO has been arrested and indicted on fraud charges.