Rain's Hawaii lawsuit came to an agreement in only two hours

It came out the open that Rain & JYP's Hawaii lawsuit came to an agreement in only two hours.

According to U.S. federal data, planitiff 'Lee Seung-Soo' of Click entertainment, his attorney 'Eric Seitz', 2 in-the-field attorneys for Rain, 1 attorney for JYP, started to come to an agreement under judge 'Cabin Chang' of Hawaii district court of U.S. federal court, on the 10th at 11am, and reached an agreement that afternoon, at 1pm.

Judge 'Cabin Chang' who had superintended the progress of the appeal suit since the verdict last March, ever directed Click side to attend the meeting for the agreement on the 10th.

Since the terms of Settlement and Release Agreement should not be revealed at the court's bidding, the settlement or the agreement was not disclosed.

But, in the clause like most written agreements, there are probably that the defendants never acknowledge their faults and the plaintiff never brings the suit against them again.

[update]

Meanwhile, JTune entertainment's stock prices showed a suddenly rising tendency, on the 17th, at 10am, due to the good news of the agreement.

J.Tune entertainment side expressed, "Since the suit is due to the former agent, it has not fallen on J.Tune from the first. We've not received the notice about the results of the agreement from the court yet." and "Rain'll state his position on the issue afterward."

Source: Yonhap news / Korea economy
Brief translation credit: rain bird@rain-eu.com