The court has dismissed an appeal made by LOONA’s parent company Polaris Entertainment against global IT company Donuts. Previously, Blockberry Creative’s second-largest shareholder, Donuts, invested 3.5 billion won (approximately $2,964,500) in Polaris Entertainment, but the agency did not fulfill the investment contract. In the first trial, the court ruled that Polaris Entertainment must return the full investment, and the entertainment company […]
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