Former Ador CEO Min Hee Jin (currently OOAK Records) proposed to HYBE to end all legal disputes related to NewJeans in exchange for giving up a put option worth 25.5 billion won, approximately 15 million euro.
Today, the 25th, CEO Min Hee Jin held a press conference in Jongno-gu, Seoul on the 25th, She read a prepared statement, saying, “Today is not a freestyle, but a very important story, so I will read it and explain it.” CEO Min revealed her feelings about winning the first trial and her future plans. At this time, she proposed to HYBE, “In exchange for putting down the 25.5 billion won you will receive as compensation for winning, stop all ongoing lawsuits and disputes.”
She continued: “This includes accusations not only against me personally, but also against the members of New Jeans, former employees of Ador, employees of the outsourcing company, and even the fandom. Only when this lawsuit is concluded will there be no indiscriminate noise.”
