Seoul Court Blocks Hybe's Attempt to Remove Ador CEO Min Hee-jin
A Seoul court has blocked Hybe from dismissing Min Hee-jin as CEO of Ador, the label behind K-pop group NewJeans, citing insufficient evidence for her removal.
Min Hee-jin with dark flowing hair
The Seoul Central District Court's ruling prevents Hybe from using its voting rights to remove Min at the upcoming May 31 shareholder meeting. Min's legal team has warned that any attempt to circumvent this decision would violate the shareholders' agreement.
The conflict emerged in April when Hybe launched an internal audit investigating Min's alleged attempts to gain control of Ador through potential investor contacts. Min, who owns 18% of Ador compared to Hybe's 80% stake, countered by claiming unfair treatment and discrimination against NewJeans.
Key developments:
- Hybe filed a police complaint against Min for alleged breach of duty
- Min secured an injunction blocking Hybe's voting rights
- Both parties launched public relations campaigns
- The police investigation remains ongoing
Hybe has confirmed it will comply with the court's decision while pursuing other legal options to address their concerns about Min's alleged attempt to take control of Ador.
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