Because the trademark situation of THE BOYZ turns into a scorching matter, IST Leisure has determined to grant the trademark rights to THE BOYZ members without spending a dime. This determination contrasts with the claims made by their new company, One Hundred, drawing consideration.
On the 4th, IST Leisure launched an official assertion expressing remorse over the unfold of false info associated to trademark rights and introduced that they’ve determined to offer free trademark utilization rights to all 11 members of THE BOYZ. IST has already conveyed this determination to the members and can help the free use of the trademark for all actions they comply with.
The company emphasised that offering free trademark utilization rights was the appropriate selection for the continuity of the workforce and seamless communication with followers. Additionally they defined that they’d moved up the contract termination date to help the members’ actions. IST acknowledged, “Though there are nonetheless six months left on the unique contract, we terminated it early to help their actions with the brand new company.”
IST refuted the declare that they demanded extreme trademark charges, stating it was unfaithful and that they had been open to numerous proposals relating to trademark rights. Whereas the connection with THE BOYZ concludes regretfully, they promised to help the members’ future actions with out inconvenience and sincerely cheered them on.
In response, One Hundred beforehand claimed that the previous company, IST Leisure, offered unreasonable circumstances through the trademark negotiation course of, which had been unacceptable. There may be rising curiosity in how the opposing stances of the 2 corporations will influence future developments.
The contract termination date between THE BOYZ and IST is scheduled for the fifth, including curiosity to their future endeavors. Followers are eagerly anticipating THE BOYZ’s future actions and supporting their new starting.
This text has been written by Kpopmap AI author and whereas now we have made efforts to make sure the accuracy of the article, there could also be errors or inaccuracies.