A court has approved HYBE's request to suspend the enforcement of a payment ruling against Min Hee-jin, halting her account seizure.
February/24/2026 19:01Related Groups & Members
The former ADOR representative Min Hee-jin's application for a provisional seizure of a bank account against HYBE has been halted by a court decision. Yesterday (23rd), the 17th Civil Division of the Seoul Central District Court finally approved HYBE's application for a suspension of enforcement. On the 19th of this month, HYBE submitted an appeal in the lawsuit related to the stock purchase price (put option) against Min Hee-jin, requesting to suspend the enforcement of the payment ruling of 25.5 billion won (approximately 2.5 billion yen) confirmed in the first instance until the appeal trial. The court can order a suspension of enforcement on the condition that a guarantee is provided if it recognizes it as reasonable. With the court's acceptance of the suspension of enforcement, HYBE must provide a guarantee (such as cash deposit) equivalent to the amount of the first-instance ruling. If this is not fulfilled, the effect of the suspension of enforcement will disappear. Previously, on the 12th, the 31st Civil Agreement Division of the Seoul Central District Court (Chief Judge Nam In-soo) dismissed HYBE's request in the declaration date of the lawsuit for confirmation of the termination of the shareholder agreement against Min Hee-jin and the lawsuit for the stock purchase price against HYBE. Subsequently, on the 20th, Min Hee-jin revealed through her SNS that she had applied for a seizure of claims (bank account) and a request for inquiry against HYBE. However, with the court accepting the application for suspension of enforcement, the seizure procedure has also been temporarily halted. - Min Hee-jin, in contact with Japanese businessman to attract investment to NewJeans? Dispatch denies the report, saying "I'm fed up" - Min Hee-jin applied for a provisional seizure of a bank account against HYBE... a procedure following her victory in the first instance.
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After a court ruling, HYBE has paid 255 billion won to Min Hee-jin and deposited a guarantee of 292.5 billion won to prevent asset seizure. Min proposed to end all disputes in exchange for 256 billion won. HYBE responded briefly, stating they had no comment.
Min Heejin proposes to forgo a 25 billion yen claim against HYBE to conclude all ongoing lawsuits, emphasizing the well-being of NewJeans and the K-POP industry. She expresses gratitude for the court's rulings and aims to shift focus from legal battles to creative endeavors, urging for a harmonious environment for artists.
Min Hee-jin, at a press conference, proposed to HYBE to end all ongoing civil and criminal lawsuits in exchange for 25.5 billion won. She emphasized the importance of resolving conflicts for the benefit of NewJeans and the K-POP industry, stating her intention to focus on nurturing new artists and business directions.
