Court Grants Provisional Seizure of The Gibus Bonds Filed by Attract

Attract "As a Preservation Measure for the 1 Billion Won Damage Claim"

The court accepted the provisional seizure application on claims filed by Attract, the agency of the group Fifty Fifty, against The Gibus (co-CEOs Kwon Ji-seon and Ahn Seong-il).

Attract. [Photo by Attract]

On the 7th, Attract stated, "Through our legal representative, Law Firm Seojeong, the Seoul Central District Court decided on the provisional seizure of deposit claims related to part of the damages claim due to The Gibus's illegal acts on the 24th of last month."

Previously, Attract said, "On September 27 of last year, we filed a main lawsuit against The Gibus and its executives for damages caused by illegal acts and breach of contract, which is still ongoing. This provisional seizure application is to preserve the claim for 1 billion KRW in damages. The claimed amount at that time was partial, and we plan to expand the damages claim further during the trial process."

The legal representative from Law Firm Seojeong for Attract explained, "Even if Attract wins the main lawsuit, there is a high risk that enforcement will be impossible or extremely difficult, so we judged it necessary to preserve the claim through provisional seizure," clarifying the purpose of this lawsuit.

Fifty Fifty filed an application to suspend the exclusive contract with Attract in June last year. In response, Attract pointed to external forces behind tampering, including CEO Ahn Seong-il, and began a legal battle.

Subsequently, among the Fifty Fifty members, only Kina withdrew her appeal to the court and returned, leading Attract to file a lawsuit claiming 13 billion KRW in damages and penalty fees against Saena, Sio, Aran, and others.

Currently, CEO Ahn Seong-il has been sent to the prosecution without detention after being found guilty of obstruction of business, destruction of electronic records, and embezzlement. The police investigation on charges of breach of trust is ongoing, while the fraud charge was dismissed.

This content was produced with the assistance of AI translation services.