HYBE: “Min Hee-jin orchestrated a public opinion campaign over plagiarism issues... Unfair intervention in sexual harassment case” [Summary]
HYBE has rebutted claims made by former CEO of ADOR, Min Hee-jin.
During the hearing, HYBE's representatives stated regarding Min's demand for her reappointment as a director, "HYBE has already decided to reappoint Min as a director, whose term is set to expire in early November. An extraordinary shareholders' meeting was convened on October 17 for this purpose, which has already been disclosed to the media. Since the reappointment has been decided, the necessity for the provisional injunction has disappeared, and it should be dismissed."
Regarding the reappointment of the CEO of ADOR, they explained, "The trust between shareholders must be a prerequisite for the shareholders' agreement, but the trust has long been destroyed as Min has already betrayed HYBE. This was confirmed in the provisional decision made last May."
At that time, the court explicitly stated, "It is a clear fact that the creditor (former CEO Min) sought independence by pressuring the debtor (HYBE) to sell ADOR shares or leave with NewJeans, and such actions could be considered a betrayal of the debtor."
HYBE indicated that their termination of the shareholders' agreement with Min Hee-jin and their subsequent lawsuit for confirmation of the termination were based on the court's judgment. They argued that Min's claim of having no grounds for termination contradicts the previous provisional decision.
During the hearing, HYBE presented evidence suggesting collusion between Min Hee-jin and former ADOR Deputy Representative Lee Sang-woo as part of an effort to seize control. They asserted that the dispute stemmed not from Min's claims of unfair audits or plagiarism issues involving artists, but from a conspiracy to seize management rights that began months prior to the activation of the audit rights on April 22.
According to HYBE's claims, former ADOR Deputy Representative Lee Sang-woo, who was previously with HYBE, only handled matters related to seizing control during his approximately three months at ADOR. They reported that on January 23, before Lee officially started, he met with a capital representative to discuss independent measures under the guise of an IPO and reported back to Min. Upon Lee's arrival, Min instructed him to prepare a report that separated the concerns monitored by the Fair Trade Commission, National Tax Service, and Labor Office, stating in a KakaoTalk conversation, "Before BTS returns, in the next year… so we can make it hard for them while gaining our freedom is the goal."
HYBE claimed that under Min's directive, the "Project 1945" report was created, estimating compensation for terminating NewJeans' contract with ADOR and proposing ways to pressure HYBE shareholders like Dunamu and Naver to sell or acquire ADOR shares. According to HYBE, Min emphasized that the core of the so-called "Seven Deadly Sins of HYBE" document was the public opinion campaign, asserting that pressuring HYBE through a year-long public opinion battle could lead to the sale of ADOR if NewJeans were leveraged.
In court, HYBE's legal representatives also disclosed that Min's side had leaked the original shareholders' agreement to a prominent economic media outlet. The shareholders' agreement contains detailed confidentiality clauses, prohibiting public disclosure to the media or the general public without prior consultation with the other party. Such a breach constitutes a reason for terminating the shareholders' agreement.
HYBE explained the reasons for replacing Min Hee-jin, including her unfair intervention in a sexual harassment case involving the former deputy representative of ADOR. When the first report regarding the incident was received, Min allegedly claimed, "We need to establish a penalty clause for false reporters," and it was revealed that she shared investigation details without authorization with the accused former deputy representative.
HYBE further detailed that Min repeatedly posted her personal stance on the case involving victim B, portraying it as "ADOR's official stance" and disseminating it through the marketing consulting group she contracted. They viewed this as an abuse of power, asserting that her personal noise and risks negatively affected the image of ADOR and NewJeans. They concluded that raising such issues made it inevitable to change the CEO.
They also rebutted Min's claims that ILLIT, a group created through copying NewJeans, was founded based on plagiarism issues. According to HYBE, Min had discussions with a law firm regarding the plagiarism issue before the audit began (on April 22) on April 10, and the law firm informed her that "the plagiarism is ambiguous" and that raising the issue would likely be unproductive.
HYBE stated that Min told a colleague at ADOR, "Is our goal to fix HYBE? We aren't interested in punishing HYBE; the purpose isn’t reform but just to expose them. The Fair Trade Commission will immediately poke (NewJeans') mothers, and whether the Fair Trade Commission investigates or not, the issue will become a big deal and the world will turn upside down." They argued this demonstrates that raising the plagiarism issue was part of a premeditated public opinion campaign to attack HYBE as one of the items for seizing management rights.
At the end of the hearing, the judge asked the Min Hee-jin side, "Is there a proposal for the appointment of the CEO on the agenda? Did you request the exercise of voting rights at the ADOR board meeting?"
Previously, Min's side had also provided verbal arguments to the media regarding the hearing. They stated, "On pages 9 and 10 of the attached material, it is mentioned that an internal employee of HYBE reported that the creative director of ILLIT requested the planning proposal of NewJeans from the conception stage and stated that ILLIT's planning proposal was identical to NewJeans' proposal."
They continued, "The informant stated that they delivered the material at the request of the ILLIT creative director, but expressed discomfort over the claim from Belift Lab that the plagiarism allegations were false, saying, 'I never imagined they would make it identical; all the same materials seem to have been submitted to the court, and why do they keep denying it?'"
Min's side argued, "Despite this clear evidence, Belift Lab continuously denies the plagiarism allegations, and HYBE has neglected this. Former CEO Min raised internal concerns about 'ILY:IT's copying of NewJeans' on April 3, and this internal concern has been clearly substantiated by objective evidence," asserting that HYBE's response to Min's internal concerns through an audit has been shown to be an illegal audit with no legitimacy.