An individual takes an image exterior HYBE’s headquarters in Yongsan District, Seoul, Sept. 25. Yonhap
Following a court docket ruling dismissing former Ador CEO Min Hee-jin’s injunction request for reinstatement, HYBE has dedicated to swiftly “stabilizing” the sublabel, business sources stated Wednesday.
Lee Jae-sang, CEO of Ok-pop powerhouse HYBE, shared the plan in an e-mail despatched to the corporate’s workers Tuesday afternoon, shortly after the choice was made, in accordance with the sources.
“(With the court docket’s determination), we’ve reached a turning level that clarifies the trail ahead after over seven months of ongoing challenges,” Lee said within the e-mail. “We purpose to quickly normalize Ador’s operations. As for the contract renewal of Min Hee-jin as NewJeans’ producer, essentially the most crucial subject, we anticipate significant progress quickly.”
Acknowledging potential challenges within the course of, Lee reaffirmed HYBE’s dedication to supporting NewJeans, including that the corporate will leverage its sources to propel the group towards even higher world success.
Min filed an injunction final month contesting the Ador board’s determination to take away her as CEO, a transfer that adopted her monthslong dispute with guardian firm HYBE over allegations that she tried to manage the subsidiary and its flagship woman group, NewJeans. Min has denied the allegations.
On Tuesday, nonetheless, the court docket dismissed the injunction, stating that her claims don’t meet the authorized necessities for a court docket judgment. (Yonhap)
