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.
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| ▲ Hybe Chairman Bang Si-hyuk / Courtesy of Hybe |
Bang acknowledged concerns about Min's behavior and its implications for Hybe’s multi-label system. "No sophisticated system or thorough contract can completely prevent human malice. The malicious behavior of a person should not undermine the system that many people have built for a long time," he stated. He emphasized the importance of preventing individual malice from destroying social institutions and order.
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
A court hearing was held regarding a preliminary injunction filed by Min against Hybe's proposal to dismiss her
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.
|
| ▲ Hybe Chairman Bang Si-hyuk / Courtesy of Hybe |
Bang acknowledged concerns about Min's behavior and its implications for Hybe’s multi-label system. "No sophisticated system or thorough contract can completely prevent human malice. The malicious behavior of a person should not undermine the system that many people have built for a long time," he stated. He emphasized the importance of preventing individual malice from destroying social institutions and order.
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
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