*This content was translated by AI.
Min Hee-jin, the former CEO of ADOR, who created the girl group NewJeans, and the current CEO of OK Records, will hold the microphone again.
At 1:45 p.m. on the 25th, Min Hee-jin will hold a press conference by inviting media officials at the Teacher Challenge Hall located in Jongno-gu, Seoul.
On this day, Min Hee-jin plans to talk directly about the results of the first trial and future plans. Earlier, he had won a court battle with Hive.
On the 12th, the Civil Agreement Department 31 (Director Nam In-soo) of the Seoul Central District Court held a ruling on Hive's lawsuit against former CEO of ADOR Min Hee-jin to confirm the termination of the inter-shareholder contract and a lawsuit against former CEO Min Hee-jin for the exercise of put options against Hive. At the time, the court said, "Hive's claim is dismissed and the litigation costs are borne by Hive. In addition, Min Hee-jin ruled in favor of Min Hee-jin, saying, "Min Hee-jin's exercise of put options is justified and pay an amount worth 25.5 billion won."
However, on the same day, Hive immediately said, "It is regrettable that our claims have not been fully accepted," and added, "We will proceed with future legal procedures such as appeals after reviewing the judgment."
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*This content was translated by AI.
