The fashion company founded by singer Jessica is embroiled in billions of won in legal proceedings in Hong Kong.
Jessica Jeong so-yeon
Recently, local media scrambled to report that the founded Blanc & Eclare company failed to repay the debt of US$6.8 million (about 8.05 billion won), and Joy King Enterprise Limited filed a complaint with the Hong Kong High Court on the 24th.
After Jessica quit her teenage years, she founded the fashion brand "Blanc & Eclare" in August 2014, which is run by Jessica's boyfriend, Korean-American entrepreneur Kwon Young-yi.
Blanc & Eclare reportedly borrowed $3 million (3.54 billion won) and $1 million (1.18 billion won) on the Spectra SPC in October 2016 and May 2017.
After Joy King Enterprise Limited signed a loan transfer contract with SPC in August this year, Blanc & Eclare was unable to make repayments on the scheduled 10th repayment date. Joy King Enterprise Limited filed a lawsuit against a representative of Quan Ning, demanding that they pay an additional principal to interest.
Kwon Not only has been in a relationship with Jeong so-yeon for 8 years, but the two are also partners in business. Since graduating from university in the United States, he has been working in Korea, the United States, Hong Kong and other places.
Zheng Xiuyan's boyfriend
In April this year, Kwon Yong-il released a photo of the two to commemorate Jung So-yeon's birthday, writing "My best friend." Expressed the same love for 8 years.