"NewJeans gaslighting" vs "discriminatory treatment"... HYBE and Min Heejin interrogation date is tight (roundup)
May 17, 2024
Min Heejin's trial date for prohibiting the exercise of voting rights against HYBE has ended. The two sides have set up tense confrontation for more than an hour.
On the 17th, a provisional interrogation date was held at the Donggwan Grand Court of the Seoul Central District Court in Seocho-gu, Seoul to ban the exercise of voting rights filed by Representative ADOR Min Heejin against HYBE.
It was a day to decide whether Min Heejin will be dismissed or not. The main agenda was the "Min Heejin's dismissal on March 31. In response, Min Heejin filed a lawsuit against HYBE to ban the exercise of voting rights and started a defense war.
If Min Heejin's opinion is accepted, HYBE, which took 80% of the stake, will not be able to exercise its voting rights, making the dismissal proposal meaningless. On the contray, if it is dismissed and the extraordinary shareholders' meeting proceeds as scheduled and HYBE exercises its voting rights, Min Heejin's dismissal willl actually be a step.
As if to prove the importance of the issue, many reporters visited the scene. The interrogation date began at 10:22 AM. Attorneys for the law firm Sejong, which is in charge of creditor Min Heejin's legal representation, and Kim & Chang Law Firm, which is representing the debtor HYBE's legal representation, attended.
The two sides emphasized their arguments through a 30-minute presentation. Min Heejin pointed out that HYB's alleged takeover of management rights is nothing more than a novel. "Ot is not to break the contract of NewJeans, but to preserve the contract by preventing infringement of NewJeans' rights. There are more than a few illegal acts. The request for provisional injunction is dismissed without a doubt," she said.
Consistent with the press conference held on April 25, Min Heejin maintained her position that "the takeover of management rights is nonsense. She only imagined it and knows it cannot be carried out. Min Heejin is a person who has moved only to pursu her own interests. She is neither the mother of NewJeans nor an appropriate manager," HYBE said.
◆ After the press conference, newly revealed KakaoTalk
Min Heejin should prevent HYBE from exercising its voting rights, and HYBE wants to dismiss Min by exercising its voting rights. The two sides held a presentation in an unusual move. During the interrogation day, both sides mad public their arguments and new evidence. On the same issue, Min gave an extreme interpretation.
The biggest impact was the KakaoTalk conversation between Min Heejin and her aides submitted by HYBE. HYBE said, Min Heejin did not respect both NewJeans and employees," adding, "She used expressions such as 'it is difficult to treat NewJeans as an artist' and 'dogjumma (combination word of dog and ahjumma)' for female employees," claiming that she was inappropriate as a manager.
"I took the lapotop that my creditor (Min Heejin) used three years ago and even uncovered personal secrets through forensics." Min Heejin's side criticized, "How weak is the evidence?"
A detailed KakaoTalk screenshot was provided only to the court. HYBE released only a part of the KakaoTalk messages Min Heejin shared, but strong expressions were noticeable. It could affect public opinion. However, judical judgement is another matter. It is up to the court to decide whether Min's words and actions are grounds for her dismissal as a manager.
◆ Min Heejin's shamanistic management? HYBE, "Involved in member selection"
At the same time, she said, "Min Heejin believed that her deceased younger brother was possessed by her shaman, and she called the shaman by her brother's name," he said, adding, "We have shared more than 58,000 KakaoTalk messages in six months."
He also added, "As for the name of the company, I preferred All Joy, but Min Heejin decided to go with ADOR without asking when the shaman chose ADOR."
In response, Min Heejin said, "Shameless management is nonsense. And talking to a shaman cannot be considered the reason for disqualification."
◆ Disclosure of Terms and Conditions between some shareholders
At the same time of Min Hejiin's press conference, some of the contracts betwee HYBE and Min Heejin's shareholders, which were not disclosed due to confidentially provisions, were also disclosed.
Min Heejin emphasized the clause that HYBE should allow Min Heejin to maintain the position of CEO and in-house direction for five years. At the same time, she argued, "Even though the misunderstanding could have been resolved, no effort was made and the situation only worsened. The reason for dismissal should be a serious infringement of interests, but that is not the case at all. It is not a violation of ADOR's duties in any way."
Rather, she said, "There are II labels under HYBE, and it started around the same time as ADOR's. Compared to them, ADOR's performance was overwhelming. Despite HYBE's discrimination, NewJeans wwas a big success in two years. There is no such case in a short period of time," adding that such behavior cannot be a breach of trust.
At the same time, he cited, "All of this due to the ability of producer (Min Heejin) and deep connection with the memers," and added, "The dismissal of creditor Min Heejn wll cause irreparable damage not only to creditors, but also to NewJeans, ADOR, and even debtors." He insisted that Min Heejin's position as CEO should be maintained.
HYBE said, "The case should be dismissed without a ned to look into it. Min Heejin, the CEO of the company, criticized that she misled public opinion through the media." HYBE also said, "She didn't forcefully delay the debut of NewJeans and plagiarized ILLIT. Rather, she gave an extraordinary treatment to make the creditors' wishes come true. She even gave management rigths to creditors who had not invested at all. The competition ban is also common."
◆ HYBE "Min Heejin is called 'NewJeans' Mom'? Gaslighting
On this day, HYBE asked, "Min Heejin claims to be 'NewJeans' mother'. Are you sure she's right? "We made disparaging remarks such as 'I'm disgusted with respect as an artist' while talking with my friends. I also gaslighted her," they said.
Next, she wants the members of NewJeans to be mentally subordinated. It is not normal to prevent the artist from revealing her personality. The creditor wanted the artist to be passive and tried to lock her in the frame of mother-daughter relationship.
He further said, "A true mother should become a mother and shield to the members, but instead, she protecting herself." "All of this is neither public interest nor protest, but Min Heejin's pursuit of private interests," and added, "I used NewJeans' parents as a tool for dispute. NewJeans' mothers took advantage of what would not be a problem because they didn't sign a contract with a debtor."
◆ Bang Sihyuk, who broke the silence, "For the sake of K-Pop..."
After the incident, HYBE's Bang Sihyuk take a direct stane but remained silent. He only responded to the situation at the company level. On the same day, HYBE's legal representative said, "I will read one of the petitions submitted by Bang for the last time."
Bang Sihyuk said in a petition, "Creators shoud be able to create more freely. It is not just prsonal concerns. For K-Pop to bcome a sustainable business, better creators must be constantly created."
He continued, "Regarding Min Heejin's story, I know that the multi-label system is problematic. However, even a sophisticated system cannot prevent human malice. There should be no damage to a system that has been created for a long time. I think that is the power of social environment. companies that are supposed to provide entertainment will be able to convey their sincerity."
The case is unprecedented even for the Supreme Court. The court is agonizing deeply over the issue. After hearing arguments from both sides, the court said, "We are fully aware of the dispute. It seems necessary to interpret the matter afterward," adding, "If there is anything that you think is insufficient by the 24th, please submit in writing. The court will also make efforts to make a decision before the scheduled date of the extraordinary shareholders' meeting on the 31st." THe fate of Min Heejin will be decided before the extraordinary shareholders' meeting.
Original article: JTBC News
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