‘Not respecting ADOR directors board’s decision’: HYBE comments on Min Hee Jin’s injunction request for reinstatement as CEO

Following Min Hee Jin’s injunction file for her reinstatement as ADOR CEO, HYBE has issued an legit assertion. The agency mentioned that she is never any longer respecting the decision made by ADOR’s board of directors. At the an identical time, the company mentioned that her elimination from the CEO put was independently made by the ADOR directors’ board and had nothing to abolish with the shareholder settlement.

On September 13, basically based utterly on Min Hee Jin’s injunction request, HYBE reportedly mentioned, “The choice to push apart her as CEO was made independently by ADOR’s board of directors.” They further illustrious that it was section of a commercial management decision and had nothing to abolish with HYBE or the shareholder settlement with Min Hee Jin.

“We remorse that Min Hee Jin, who has long emphasised the significance of ADOR’s unbiased management as a separate entity, is never any longer respecting ADOR’s board of directors’ decision”, the agency added.

On in this carve-off date, the company also mentioned that since the shareholder settlement between HYBE and the damaged-down ADOR CEO had already been terminated alongside with her dismissal, its factual finish is now void. “we are gazing for the court’s decision”, the company added announcing that they have confidence got filed a lawsuit to verify the termination of the shareholder settlement.

Earlier today, it was reported that Min Hee Jin had filed an injunction request with the Seoul Central District Court to reinstate her as the CEO and in-home director of ADOR. Her side also published that, reckoning on the court’s ruling, they knowing on summoning an unheard of shareholders’ meeting at ADOR.

For the unversed, beforehand, on August 27, HYBE announced that Min Hee Jin has been brushed off as ADOR’s CEO, and inside of director Kim Joo Young has taken over the leadership role. Following the announcement, Min Hee Jin’s side claimed that the decision was made unilaterally and was a grave violation of the shareholder settlement. On the opposite hand, HYBE denied their claims stating that the plans for the board of directors’ meeting were scheduled basically based utterly on her.

Within the meantime, amid the chaos, ADOR lady group NewJeans held an surprising dwell on YouTube, accusing HYBE of unfair medication and annoying Min Hee Jin’s reinstatement by September 25.