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Seoul Court Rules in Favor of Producer Min Hee-jin, Blocking HYBE's Voting Rights
May 30, 2024, 10:01 AM
A Seoul court has ruled in favor of producer Min Hee-jin, the CEO of ADOR, in her legal battle against K-pop giant HYBE. The court granted an injunction preventing HYBE from exercising its voting rights to dismiss Min from her position. This decision ensures that Min Hee-jin will retain her role as CEO of ADOR. HYBE has accepted the court's decision and is preparing its next actions.
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No action • 25%
Formal apology • 25%
Further legal action • 25%
Internal restructuring • 25%
Settlement with ADOR • 25%
Continued Public Feud • 25%
Partnership Strengthened • 25%
Legal Action Initiated • 25%
Min Hee Jin remains CEO • 33%
Min Hee Jin steps down voluntarily • 33%
Min Hee Jin is replaced by HYBE • 33%
Improved Public Image • 33%
Worsened Public Image • 33%
No Change in Public Image • 34%
Music award show • 33%
Concert • 33%
Variety show • 33%
Media company • 33%
Technology company • 33%
No major acquisition • 34%
Partnership with another media company • 25%
Launch of a new streaming service • 25%
Acquisition of another company • 25%
No major strategic moves • 25%