On the afternoon of June 12, the central district court of Soul (31st civil division) held the third hearing for the cause presented by Hybe against the ex I love CEO movie And another individual to confirm the resolution of an agreement for shareholders.
During the hearing, Hybe’s declared side, “The purpose of entering into this agreement for shareholders was for the growth and development of Ador. To achieve this goal, the defendant was obliged not to commit himself to any action that could damage Ador. However, the defendant violated this obligation, undermining the purpose of the agreement. Min. Ador in the meantime, he tried to take Newjeans distant. Now he asks that his actions are purchased for 27.8 billion KRW while they are still in Ador, which is absolutely unacceptable. “
They continued, “The defendant says that the problems with Hybe are insignificant, as if they tried to deviate responsibility. They say that everything started with an audit, but already on March 14, 2024, Min Hee-Jin was already discussing the revision of the exclusive contracts in detail. On March 30, the parents sent AdoR e-mails. We presented that the final goal was to leave Hybe.
Hybe he further supported, “The Growth and Development of AdoR Depend Heavily On Newjeans, Its Sole Artist, Remaining with the Company. It is critical for the artist to Actively Perform During Their Exclusive Contract Period. However, Min Hee-Jin Raised Various Allegations and Provoked The Parents. She Instructed Her Company’s Vice President to Send Protest Emails Under The Parents ‘Names On March 29 and 30. Although they claim the Parents’ Protests Began on March 31, we submitted evidence showing that the email drafti were prepared on March 30, together with their history of creation.
They added, “Looking at the drafting process, they started referring to specific clauses in the exclusive contract, in particular termination clauses, and they sought the provisions to be contested. They discussed those who should have received the protest e-mails, also deciding the vice-president rather than an external part. The name of the father of Hyein.
On the contrary, Min Heaven contrasted side, “The notice of termination of the agreement for the shareholders was issued on July 8. However, before, there was an injunction, and the situation was maintained following the May component without problems. The actor states that it is Ador’s independence of Hybe, the privatization of Ador and Newjeans and labels it as an attempt to usurgest the management rights. the cutters “.
They developed, “The events took place as follows: after the resolution of the shareholders’ agreement of July, the Board of Directors of Ador, acting on instructions, removed Min Hee-Jin as CEO. They requested the return of his actions and even presented an injunction, which was rejected for his resignation. CEO to restore the previous system, but refused, bringing to the November events.”
They also supported, “The affirmation of the plaintiff suggests that the defendant was so cunning that, in April, they sent an e -mail of corrective action knowing that he would unleash an audit and harassment. They claim that we planned to keep a press conference to combat it, obtain members with us. And the privatization of Ador and Newjeans.
Hybe insists this Min Heaven The actions were calculated the attempts to detach themselves and take control of NewjeansWhile Min Heaven Camp claims that it was unjustly pushed for having searched independence and better protection for the group. As the legal battle intensifies, the court must now determine if Hybe’s The resolution of the agreement for shareholders was justified or part of a wider power struggle on one of the most influential k-pop debuts.
