The court has received a response from the company.
On May 30, it was reported by Korean news outlets that Min Hee Jin had successfully obtained an injunction against HYBE Labels. Sources state that the Seoul Central District Court officially approved Min Hee Hin’s appeal to prevent HYBE from implementing voting rights that would result in her dismissal as ADOR CEO.
“According to Min Hee Jin’s legal representative, HYBE is not allowed to exercise its voting rights in the shareholder meeting scheduled for May 31, 2024. If HYBE disregards this decision and attempts to dismiss Min Hee Jin and ADOR’s executives, they will be obligated to pay a fine of ₩20.0 billion KRW ($14,544,000 USD) to Min Hee Jin.”
The statement emphasized the importance of HYBE respecting and complying with the court’s injunction.
As a result of this, the company quickly issued a concise statement following the decision. In their response, HYBE stated their intention to honor the decision and refrain from exercising their voting rights. They further announced their intention to adhere to the limits set by the law in their next course of action.
Below is HYBE’s complete statement:
“In respect of the court’s decision regarding the preliminary injunction lawsuit filed by CEO Min Hee Jin, we will not exercise our voting rights in favor of the ‘Removal of Inside Director Min Hee Jin’ at the upcoming extraordinary general meeting of shareholders.
Additionally, as the court stated in this decision, ‘It is clear that CEO Min Hee Jin sought a way to weaken HYBE’s control over ADOR and allow Min Hee Jin to independently control ADOR by taking NewJeans out of HYBE’s control or pressuring HYBE to sell its stake in Adore.’
We plan to follow up the next course of action that is within the boundaries of the law.”
Netizens on social media platform X (Twitter) expressed their reactions to the news of Min Hee Jin’s continued position as ADOR CEO.
I don’t understand, she has done all the possible crimes someone can do in a corporate sector. Going long as far as doing shamanic practices. Her claim is her group gets mistreated. Her plan was to leave HYBE in the first place? THEN WHY TF SHE WANTS TO STAY? ?? https://t.co/CDud4l1w8t
— Luluu⁷ 🌸 (@Wrapmonstaaaa) May 30, 2024
as an american living in a right-to-work state who is familiar with being fired for absolutely no reason it is absolutely wild to me that a menace to society like min heejin can just strong arm her company into not firing her. like what the fuck https://t.co/J8p0m3ui1B
— ˚₊‧꒰ა DJ ໒꒱ ‧₊˚ (@co11ectivesoul) May 30, 2024
Told y’all he was bluffing, he had no concrete evidence of all the nonsense he was spewing and on top of that he is greedy. His misogynistic ass wants min heejin gone but he can’t even pay 20 billion won in damages to satisfy his massive ego https://t.co/i6ZPZ2Cjf5 pic.twitter.com/Fek6FJwamP
— Minji Edits ▶ (@minjinators) May 30, 2024
So the claims made by hybe n all those stuffs they presented were lies cuz court rejected em? https://t.co/6m49fhZkwQ
— FRI(END)Sⓥ⁷ 🩷 (@THVISADlLF) May 30, 2024
Guess ADOR is really about to be the black sheep company of HYBE cause no way any of the other sub labels there are gonna be happy about this. https://t.co/QMvxJXVM1r
— We love facts⁹³ |D-Day| (@yoongi_teas) May 30, 2024
Hybe deserves this for hiring her in 1st placeBang PD you deserve all of this and now I am just waiting for the moment Sc00ter will do something to harm your profit because him supporting genocide doesn’t disgust you but him taking away extra money will definitely make you move https://t.co/CfR1xbKrot
— Su (@JHallAboutYou) May 30, 2024
No need to be happy when hybe can still take control of the board, it’s a lose lose situation with her😭 https://t.co/mEmmJ4gmYH pic.twitter.com/Or4ZhThRvG
— mayoʳᵖʷᵖ (@hobiislefttoe) May 30, 2024
The way the court literally said ok the evidence is REAL, we agree she’s been taking actions against you, but it’s still not enough reason for you to fire her… unless criminal final of her police investigations. If I was hybe I’d pay that $14M fine and kick her tf out today… https://t.co/3DdH4IN9uw
— gomooshin⁷ (@taesoothe) May 30, 2024
The only people in this situation that I feel sorry for are all the rest of the artists under hybe whose personal information and schedules are going to continue getting leaked to the public by this woman. No one in that building is safe while this woman is allowed to be in it. https://t.co/IOuIyqRMW7
— Christy🥀🌷 (@christykat1994) May 30, 2024
she won nothing today.the court ruled that she was about to cause harm to hybe but not Ador so they said there was not enough evidence, and remember that the jury’s decision is TEMPORARY, she has a police investigation still and she won’t have an easy life in HYBE anymore. https://t.co/gAGAnDnndr
— r u b y ; (@rubyvely) May 30, 2024
I need everyone to understand it‘s extremely RARE to win this type on injunction. it must mean hybe really had NOTHING illegal on hand against her 😭 all of this emotional distress on nwjns for what? https://t.co/UTe363I754
— ۟ (@nwjns1st) May 30, 2024
For a woman to win against a conglomerate that owns 80% of the company with all their media play and harrassment, this is unprecedented https://t.co/Lnz2yEkUhA
— _ ᓚᘏᗢ⁶𓃺☁️🫧 (@nwjns1) May 30, 2024
The 16th floor is staying occupied pic.twitter.com/UozOEuu7ng https://t.co/vxrsiCZI6g
— Kittyz shooter (@hiehanniz) May 30, 2024
Please share your thoughts on the court’s decision by leaving a comment below.
Leave a Reply