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VisitSeoul 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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Markets
Yes • 50%
No • 50%
Official announcements from HYBE or court filings
No • 50%
Yes • 50%
Official financial reports from HYBE
Yes • 50%
No • 50%
Official announcements from ADOR
Remain the same • 33%
Decrease • 33%
Increase • 33%
Industry reports and financial statements
Partnership • 33%
Acquisition • 33%
No action • 33%
Official announcements from HYBE
Bang Si-hyuk • 25%
Other • 25%
Jiwon Park • 25%
Min Hee-jin • 25%
Official announcements from ADOR