HYBE appeals compensation ruling for former NewJeans CEO

DI PY |

HYBE has officially filed an appeal against the Seoul Central District Court's ruling related to the dispute with the former CEO of NewJeans.

Previously, on February 12, the district court ruled that HYBE must compensate Min Hee Jin 25.5 billion won (about 17.7 million USD). The court determined that Ms. Min Hee Jin had the right to implement the share sale clause according to the signed agreement, and at the same time rejected HYBE's argument that the female director violated the shareholder contract.

During the trial, HYBE once accused Min Hee Jin of trying to "take control of ADOR" and taking steps to separate the company from the group. However, the court determined that her actions, including considering the possibility of ADOR operating independently or raising plagiarism allegations related to the ILLIT group, did not constitute an act of violating obligations as CEO.

After the first-instance verdict, HYBE filed an appeal on February 19, expressing its position to continue pursuing the case at the next level of trial to re-examine the court's conclusion. This move shows that the legal dispute between the two sides has not yet come to an end, although the initial verdict leaned towards Min Hee Jin.

The case between HYBE and Min Hee Jin has attracted great attention in the Korean entertainment industry recently, especially when ADOR is the management company of the NewJeans group - one of the globally influential K-pop groups. Controversies surrounding management rights, operating orientation and relationships between the parent company and subsidiaries have sparked many discussions about governance structures in entertainment corporations.

While the legal process continues, Min Hee Jin has recently taken a new step in her career by participating in activities through the independent company OOAK Records. This information is seen as a signal that she is gradually returning to the entertainment market after a period of dispute.

DI PY
RELATED NEWS

Former NewJeans CEO speaks out after winning lawsuit against HYBE in shareholder dispute

|

Former NewJeans CEO Min Hee Jin has just issued a statement after the Seoul court rejected HYBE's request in the shareholder agreement dispute.

BTS contributes to helping HYBE shares increase sharply

|

According to statistics from the Korea Stock Exchange, shares of HYBE - BTS's management company increased sharply as the group returned.

Hang Be market is bustling with buyers on the 4th day of Tet, the day of burning votive paper

|

Hanoi - On the 4th day of Tet, many families burn votive paper to see off their ancestors, the atmosphere at Hang Be market becomes busier.

US hopes to soon complete reciprocal tax negotiations with Vietnam

|

Foreign Minister Marco Rubio wished Vietnam and the US to soon complete reciprocal tax negotiations, creating a framework to promote bilateral cooperation.

Thailand speaks out about allegations of installing fences at the border

|

The Thai military rejects accusations of territorial seizure, affirming actions aimed at protecting sovereignty under international law.

Tho oi!!" by Tran Thanh continues to lead the Tet movie race

|

Tran Thanh's revenue of "Thỏ ơi!!" far surpasses Vietnamese films released in theaters during the 2026 Lunar New Year.

Hanoi apartment service prices according to new regulations, maximum 16,500 VND/m2/month

|

The framework price for apartment building management and operation services in Hanoi is adjusted with a maximum ceiling of 16,500 VND/m2/month.

Continue to arrange and streamline the organizational structure at the Central and local levels

|

In 2026, continue to arrange and streamline the organizational structure at the Central and local levels to aim for more efficiency and better service to the people.

Former NewJeans CEO speaks out after winning lawsuit against HYBE in shareholder dispute

DI PY |

Former NewJeans CEO Min Hee Jin has just issued a statement after the Seoul court rejected HYBE's request in the shareholder agreement dispute.

BTS contributes to helping HYBE shares increase sharply

DI PY |

According to statistics from the Korea Stock Exchange, shares of HYBE - BTS's management company increased sharply as the group returned.