While there are fewer updates these days, the HYBE-ADOR conflict is far from over.
ADOR’s CEO, Min Hee Jin, arrived at the Yongsan Police Station in Seoul at 1:40 PM on July 9 for the first round of questioning. As she entered the station, she addressed the media saying, “I will tell the truth. A breach of trust doesn’t make sense.”
As per the Korea Legislation Research Institute, a breach of trust occurs when an individual uses their position to gain financial benefits or causes someone else to do so, violating their responsibilities and causing harm or loss to another person or organization.
In April, HYBE lodged a complaint with the Yongsan Police Station, accusing CEO Min of breaching trust by allegedly plotting to seize control of Adore’s management. She countered that the allegations were unfounded, claiming the takeover was not viable.
She also brushed off the importance of specific private messaging conversations acquired by HYBE, calling them personal chats.
HYBE called an extraordinary general meeting of Adore’s shareholders on May 31, seeking to oust CEO Min Hee Jin and internal director. However, Representative Min filed a court injunction to block HYBE from exercising its voting rights.
Therefore, the agency fired two ADOR executives and Min Hee Jin kept her job as CEO.
The court ruled in Representative Min’s favor in May, allowing her to retain her CEO position. The court stated that while she had attempted to gain independent control over ADOR, there was no evidence of concrete actions taken to achieve this goal.
Separately, BELIFT LAB filed a civil lawsuit against CEO Min Hee Jin on June 10, seeking damages from ILLIT, company members, and participating creators.
