K-pop fans plea to saveloona following the girl group's embroilment in a $305,000 lawsuit
Polaris Entertainment, the record label of Loona, and its Chief Executive Officer Lee Jong-myun have been ordered by South Korea's Seoul Central District Court to pay tech company Donuts a sum of 360 million won for a project with Loona that was never completed.
Donuts claimed the record label only returned 40 million won to the company, failing to pay the remaining sum of 360 million won , according toThe company also claimed Polaris failed to fully deliver the promise of Loona's appearance at a live stream event for the Donuts app My Live, according toK-pop group LOONA, pictured here at an awards show in Seoul in 2018, has been embroiled in a lawsuit between Polaris Entertainment and the IT company Donuts."We invested 3.
Polaris counter-argued in a statement that the label"has not received the deposit back yet and we plan on returning it to the company once we have received it ourselves,"
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