Hybe Chairman Bang Si-hyuk Addresses Feud Over Ador CEO Min Hee-jin
BlueYIM
yimyoungseo1010@naver.com | 2024-05-17 23:03:56
Courtesy of Hybe
Hybe Chairman Bang Si-hyuk has publicly addressed the ongoing dispute involving Ador CEO Min Hee-jin's alleged breach of trust. The Seoul Central District Court convened a hearing on Friday regarding the preliminary injunction filed by Min. The injunction aims to prevent Hybe from exercising voting rights in favor of dismissing her at an extraordinary shareholders’ meeting scheduled for May 31.
An attorney from the Kim & Chang Law Firm, representing Hybe, read Bang's petition in court. "The only way for the K-pop industry to be sustainable is for more creators to constantly make better creations. That was the driving force behind K-pop’s continued growth over the past few years," the petition stated.
Expressing regret over the distress caused by the case, Bang conveyed his hope that the court would dismiss Min's request for a provisional injunction. "As an entertainment company that is supposed to convey joy, I am deeply sorry for the distress this case has caused many members of our community and the public."
A decision on the preliminary injunction is expected before the end of the month.
Sayart
Blue YIM, yimyoungseo1010@naver.com
WEEKLY HOT
- 1Frieze and Kiaf Seoul Open with Quieter Energy, but Global Ambitions Intact
- 2Frieze Seoul Opens Amid Global Market Slump with Record $4.5M Sale
- 3TempleLive Closes Entertainment Operations in Cleveland and Other Markets After Years of Operating Historic Venues
- 4Historic Siemens Villa in Potsdam Faces Forced Auction
- 5Life-Size Lancaster Bomber Sculpture Set for Installation Along Major Highway
- 6Scottish Photographer Seeks Alabama Redheads for Global Portrait Series